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    RBI

    RBI

    The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India.

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    Realtors express discontent over rate cut pause
    National

    Realtors express discontent over rate cut pause

    With the Reserve Bank's Monetary Policy Committee (MPC) keeping the repo rate unchanged, real estate developers have expressed their discontent over the status quo, saying that further rate cuts are required for the sector to revive.

    Bankers surprised at RBI's unanticipated holding of rates
    Business

    Bankers surprised at RBI's unanticipated holding of rates

    Bankers and industry were surprised and disappointed on Thursday at the RBI maintaining its key interest rates unchanged, when they had been expecting the repo, or the central bank's short-term lending rate, to fall below the current 5.15 per cent even as the second quarter GDP growth has fallen to 4.5 per cent.

    Downgrading of GDP forecast to 5 pc for FY20 by RBI is unprecedented: Chidambaram
    National

    Downgrading of GDP forecast to 5 pc for FY20 by RBI is unprecedented: Chidambaram

    As the Reserve Bank of India (RBI) revised gross domestic product (GDP) growth projection for the current financial year 2019-20 to 5 per cent from its earlier forecast of 6.1 per cent, former Finance Minister and senior Congress leader P Chidambaram said that this is "unprecedented".

    RBI status quo on repo leaves analysts searching for reasons
    National

    RBI status quo on repo leaves analysts searching for reasons

    As RBI maintained status quo on the repo rate in the last monetary policy of the current calender on rising inflation fears, most rating agencies, broking houses and industry bodies were jolted on Thursday at the belying of their predictions of a rate cut.

    Controlling inflation RBI's primary job: Shaktikanta Das
    National

    Controlling inflation RBI's primary job: Shaktikanta Das

    As the Reserve Bank of India (RBI) in a surprise move kept the repo rate unchanged on Thursday, causing the markets to go jittery, RBI Governor Shaktikanta Das defended the decision by recalling the "primary objective" of the central bank, which is inflation targeting and price control.

    Concerns remain over investment, jobs as factories fire less
    National

    Concerns remain over investment, jobs as factories fire less

    Capacity utilisation at factories has further slipped raising fresh concerns over private investment and worries for the Modi government which has been facing opposition heat on economic issues.

    Not just rate cut, enhanced public spending to prop-up growth: Experts
    National

    Not just rate cut, enhanced public spending to prop-up growth: Experts

    Enhanced public spending for infrastructure creation and further dose of economic stimulus by the government would hold the key to accelerate India's GDP growth with further reduction in lending rates and better transmission adding to prop up the general mood and improve overall investment climate in the economy, economy watchers opined.

    Economists, experts expect another RBI booster dose to prop up slowing economy
    National

    Economists, experts expect another RBI booster dose to prop up slowing economy

    The Reserve Bank of India is expected to administer another booster dose of lending rate cut to break the slowdown induced downward growth spiral rather than change its stance to inflation targeting to control rising food prices, economists opined.

    SC to hear plea challenging Electoral Bond scheme in Jan
    National

    SC to hear plea challenging Electoral Bond scheme in Jan

    The Supreme Court Wednesday agreed to hear in January a plea by an NGO seeking a stay on the Electoral Bond Scheme notified by the Centre on January 2, 2018.

    Yes Bank's largest suitor, Braich could not pay Rs 2 cr
    National

    Yes Bank's largest suitor, Braich could not pay Rs 2 cr

    Erwin Singh Braich and SPGP who put in a $1.2 billion bid for Yes Bank shares was not even able to pay up Rs 2 crore for earnest money in the Reid & Taylor bid under NCLT earlier this year.

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