Browsing: RBI

Axis Bank and Kotak Mahindra Bank hiked FD (fixed deposit) interest rates in compliance with the benchmark rate set by…

Synopsis: The Ex-governor of RBI said that unemployment is a big issue, not everyone can get a government job. He…

India’s annual Wholesale Price-based Inflation (WPI) declined to 5.85% year on year in Nov 2022, indicating the lowest WPI in…

Following last week’s 35 bps point raise in the repo rate by the Reserve Bank of India (RBI), the State…

The Reserve Bank of India (RBI) allowed HDFC Bank Ltd. and Canara Bank Ltd. to open Vostro accounts for carrying…

Before of MPC Meeting, the RBI Evaluates the Economic

The digital rupee pilot project has been started in the Wholesale segment from November according to the statement of RBI on ‘Operationalization of Central bank digital currency – Wholesale pilot project. According to the RBI it is a step to make the inter-bank market more efficient. Th settlement in central bank money would reduce transaction cost. Based on the learning from the first phase of the pilot project , the future ones will focus on other wholesale transactions and cross-border payments

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demonetization By- G Brinda The Centre and the Reserve Bank of India (RBI) were ordered by the Supreme Court (SC)…

Experts predict that shares of SBI, ICICI Bank, and HDFC Bank will perform better than those of their peers due…