Home Tags Reserve Bank of India

Tag: Reserve Bank of India

RBI's policy is to prevent excessive volatility of the rupee, or the exchange rate and also anchor expectations around the currency's depreciation
Economy

Despite substantial devaluation in other currencies, Indian rupee maintained its value:...

PGurus Newsdesk - 0
Amid extreme volatility in global stock markets, the Indian rupee has "held its own", says RBI governor Despite extreme volatility in global stock markets, especially...
The country crossed 6 billion transactions for the first time last month, logging 6.28 billion transactions worth Rs.10.62 lakh crore
Banking

UPI registers record transactions of 657 cr in August worth Rs.10.72...

PGurus Newsdesk - 0
The growth in UPI volumes is up almost 100% YoY The National Payments Corporation of India (NPCI) data revealed that the Unified Payments Interface (UPI)...
RBI issues advisories to people, alerting them against such fraudsters’ practices
Banking

Finance Ministry, RBI earmark measures to safeguard public from being defrauded...

PGurus Newsdesk - 1
As fraudsters get smarter, RBI, banks get busy plugging loopholes Amid rising newer techniques being used by fraudsters, the Reserve Bank of India (RBI) has...
Finance ministry said that there is need of Indian corporates to be part of the global value chain
Commerce

India simplifies overseas investment rules to ensure ease of doing business

PGurus Newsdesk - 0
Finance Ministry in consultation with RBI amends overseas investment rules In an aim to enhance the 'ease of doing business', the Centre has simplified the...
The UN trade and development body UNCTAD says that in 2021, developing countries accounted for 15 of the top 20 economies when it comes to the share of the population that owns cryptocurrencies
Investing

In India, 7.3% of the population owned digital currency in 2021,...

Team PGurus - 0
Global use of cryptocurrencies has increased exponentially during Covid pandemic, says a report Even after the repeated warning from the Reserve Bank of India (RBI)...
RBI governor said that the domestic economy is showing signs of broadening
Economy

RBI hikes policy rates by 50bps to 5.4% to tame inflation

PGurus Newsdesk - 1
Loan EMIs to go up after RBI hikes rates by 50 basis points to 5.4% Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) headed...
The Reserve Bank of India raised its inflation projection for this fiscal year to 6.7 percent from 5.7 percent earlier
Economy

India’s inflation may ease gradually in second half of FY23 despite...

PGurus Newsdesk - 1
Indian inflation expected to cool from October Speaking at the Kautilya Economic Conclave Shaktikanta Das, Governor, Reserve Bank of India (RBI) said that the inflation...
The RBI noted that the growing threat of the crypto-assets ecosystem warrants drastic approaches by national authorities
Investing

RBI slams unbacked crypto assets, stablecoins, DeFi and crypto trading platforms

PGurus Newsdesk - 0
RBI underscores need for regulatory guardrails to ensure financial stability and consumer, investor protection The Reserve Bank of India (RBI) has come down heavily on...
Mastercard can be everywhere you want it to be, again!
Banking

Reserve Bank of India lifts a yearlong curbs on Mastercard, allows...

Team PGurus - 0
With RBI clearance, now Mastercard can add new subscribers for its Debit and Credit cards The Reserve Bank of India (RBI) on Thursday lifted the...
The lastest hike of 50 basis points was marginally above its expectations of a 40-basis point rate hike, Moody's said in a report
Economy

Moody’s Analytics predicts another 60-80 bps hike in repo rate this...

PGurus Newsdesk - 0
Expect another hike in repo rate says Moody's Analytics Soon after the Reserve Bank of India (RBI) raised key lending rates, or repo rate, by...
1...151617...22Page 16 of 22

BOOKS