MUMBAI: Clients will soon be able to transfer funds via real-time gross settlement (RTGS) which will be available 24 hours a day in the coming days, Reserve Bank of India (RBI) Governor Shaktikanta said on Friday. You give. “The RTGS system will soon go 24/7 in the next few days …
Read More »Buyback rate was unchanged, GDP forecast improved
Maintaining the status quo for the third time in a row, the Reserve Bank of India decided on Friday to keep the benchmark interest rate unchanged at 4%, but maintained an accommodative stance, implying further rate cuts to come. if the need arises to support the economy hit by the …
Read More »RBI Monetary Policy 2020: Highest September 2020 PMI since January 2012, RBI Governor Says
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, announced the central bank’s monetary policy decision on Friday after three days of deliberations by its monetary policy committee (MPC). The six-member MPC meeting was previously scheduled to take place from September 29 to October 1, but was rescheduled …
Read More »MPC meeting to be rescheduled, says RBI
A meeting of India’s monetary policy committee, scheduled for this week, has been rescheduled. “The MPC meeting will be rescheduled for September 29, 30, and October 1, 2020, as announced in the 2019-2020 / 2248 video press release of April 20, 2020. Meeting dates of the MPC will be announced …
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