The Reserve Bank of India (RBI) left nothing to surprise today and investors have been comforted by a fairly firm policy stance. Monetary policy rates have remained intact, and even the stance has not changed in the face of various challenges that lie ahead. What Governor Shaktikanta Das did was …
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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 …
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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 …
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The last meeting is a second consecutive scheduled review of RBI policy. The Monetary Policy Committee led by RBI Governor Shaktikanta Das will reveal its policy decision today at the end of talks that began Wednesday. Most economists expect the central bank to keep policy rates at existing levels, as …
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On Wednesday, the central government appointed M. Rajeshwar Rao as deputy governor of the Reserve Bank of India, it said in a notification. He is currently the CEO of RBI. The Union’s Cabinet Appointments Committee has approved the appointment, the notification said. Rao succeeds NS Vishwanathan as fourth deputy governor. …
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