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RBI
RBI to withdraw Rs 2000 currency notes; to continue as legal tender
The Reserve Bank of India (RBI) on Friday said that it will withdraw the Rs 2,000 denomination banknote from circulation but it will continue...
As inflation cools off, RBI Guv says ‘monetary policy on right track’
IANS -
With the latest official data indicating a cooling off in the headline inflation to 4.7 per cent in April, RBI Governor Shaktikanta Das said...
Trilemma in de-dollarisation
Recently RBI has permitted banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) to settle the trade payments with Bharat in rupees....
Regulations for regulators
Credit rating agencies (CRAs) and merchant bankers (MBs) play a crucial role in an economy that is market driven. When rated corporates go bankrupt...
RBI imposes monetary penalty of Rs. 3.06cr on Amazon Pay
IANS -
The Reserve Bank of India on Friday said that it has imposed a monetary penalty of Rs 3.06 crore on Amazon Pay (India) Private...
‘Bank mergers in Bharat has resulted in increased efficiency’
IANS -
Mergers of banks in Bharat has resulted in increased efficiency for the acquirers or the merged entity and higher shareholders wealth for the acquiree...
Regulators are experts in their domain, FM gives veiled message to judiciary on Adani-Hindenburg issue
IANS -
Finance Minister Nirmala Sitharaman on Saturday said that regulators in Bharat are quite experienced and experts in their domain.
She said this when asked to...
RBI hikes policy rate by 25 bps to 6.5%
IANS -
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent.
Wednesday's...
‘Consultation between RBI, Centre for 6 months’, SC affirms 2016 DeMo decision
IANS -
The Supreme Court on Monday upheld the validity of Centre's November 2016 decision to demonetise Rs 500 and Rs 1000 currency notes, saying that...
Despite global recessionary headwinds, Bharat’s economy is comfortably placed
IANS -
Bharat's economy grew faster during the first half of 2022-23 than other economies, driven by strong demand and investment. Inflationary pressures have been moderating...