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Monetary policy committee of the rbi

Monetary policy committee of the rbi

The Reserve Bank of India is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India.RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country.

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Julius Baer upgrades India, fastest growing major economy
Business

Julius Baer upgrades India, fastest growing major economy

New Delhi, March 6 Singapore-based fund house, Bank Julius Baer, has upgraded India to overweight as it will ...

Indian-American named 1st VP, COO of NY Fed
International

Indian-American named 1st VP, COO of NY Fed

New York, March 5 Indian-American Naureen Hassan, a 25-year veteran of the financial services industry, has been named as ...

Ministry of Corporate Affairs lodges complaint against miscreants for misusing its letter head to cheat people
National

Ministry of Corporate Affairs lodges complaint against miscreants for misusing its letter head to cheat people

The Ministry of Corporate Affairs has filed a police complaint in connection with a matter where unidentified persons used the letter head of the ministry for providing services on behalf of 'PM Cares Fund' with an intention to cheat public.

Bank credit to grow 400-500 bps higher at 9-10% next fiscal
Business

Bank credit to grow 400-500 bps higher at 9-10% next fiscal

Mumbai, March 1 Bank credit is seen growing 400-500 basis points (bps) higher at 9-10 per cent next ...

Citizens forced to exchange damaged currency with commission agents
Aurangabad

Citizens forced to exchange damaged currency with commission agents

Aurangabad, Feb 27: Over the last few months, citizens have been bringing in new Rs 500 and Rs 2,000 ...

Ind-Ra upgrades FY21 credit growth estimates to 6.9 pc
Business

Ind-Ra upgrades FY21 credit growth estimates to 6.9 pc

India Ratings and Research (Ind-Ra) has upgraded its FY21 credit growth estimates to 6.9 per cent from 1.8 per cent, given the improved economic environment in 2H FY21 and the government's focus on higher -- spending especially on infrastructure.

India's foreign exchange reserves rise by $169 mn
Business

India's foreign exchange reserves rise by $169 mn

Mumbai, Feb 26 India's foreign exchange reserves rose by just $169 million during the week ended February 19. ...

Inflation target of 2 to 6 pc appropriate for next 5 years: RBI report
Business

Inflation target of 2 to 6 pc appropriate for next 5 years: RBI report

The present inflation target of 2 to 6 per cent is appropriate for the next five years to ensure price stability, the Reserve Bank of India (RBI) said on Friday.

No sanitisers, no thermal guns in the ATM centres
Aurangabad

No sanitisers, no thermal guns in the ATM centres

Aurangabad, Feb 25: The number of Cocid-19 patients has been increasing again since last week. But no security measures ...

Standard Chartered Bank bolsters its digital capabilities with video KYC and virtual credit cards
Business

Standard Chartered Bank bolsters its digital capabilities with video KYC and virtual credit cards

Standard Chartered Bank has been constantly innovating while building out technical capabilities and remaining agile in its ways of working. This has aided the Bank in providing efficient and seamless banking services to all its clients especially the new-age ones.

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