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 »RBI revises the real GDP growth projection for 2020-21 from -9.5% to -7.5%
The central bank also maintained an “accommodative” policy stance, ruling out any increase for now. The Reserve Bank of India revised the real GDP growth projection for 2020-21 from -9.5% to -7.5%, Governor Shaktikanta Das said in an online briefing at the end of the meeting of the Monetary Policy …
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 »Five things to keep in mind about RBI policy today
Mumbai: The Governor of the Reserve Bank of India, Shaktikanta Das, will announce the policy decision of the monetary policy committee on Friday at 10 am, followed by a press conference at 12 noon. Here are the 5 things to keep in mind. Qualify action: The MPC is likely to …
Read More »Markets look volatile ahead of RBI policy; Future Group Securities, RIL in Focus
Markets are likely to remain volatile on Thursday, while trends in SGX Nifty suggest a flat open for benchmark Indian stock indices. Traders are likely to be cautious ahead of the Reserve Bank of India’s (RBI) monetary policy review on Friday. The central bank is likely to keep interest rates …
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 »