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Reserve bank of india's board

Reserve bank of india's board

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 the 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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RTGS facility to be unavailable for 14 hours on Sunday
Business

RTGS facility to be unavailable for 14 hours on Sunday

The Real Time Gross Settlement (RGTS) service for fund transfers will not be available for 14 hours on April 18, the Reserve Bank of India (RBI) has said.

Vikas murdered for just Rs 500
Aurangabad

Vikas murdered for just Rs 500

Aurangabad, April 10: The City Chowk police have cracked the murder case of Vikas Devichand Chavan (23, Haricha Tanda, ...

Youth came to city for RBI exam murdered
Aurangabad

Youth came to city for RBI exam murdered

Aurangabad, April 9: A youth came to the city on Thursday night to attend an examination for the recruitment ...

As repo rates remain unchanged, now is the right time to invest in Bajaj Finance FD
Business

As repo rates remain unchanged, now is the right time to invest in Bajaj Finance FD

The Monetary Policy Committee, constituted by the Reserve Bank of India and led by Shaktikanta Das, RBI Governor, decided to keep repo rates unchanged at 4 per cent on April 7, 2021. This is the fifth consecutive time the RBI kept lending rates unchanged, in line with market expectations.

Bankers, realtors hail RBI's move to maintain accommodative policy stance
Business

Bankers, realtors hail RBI's move to maintain accommodative policy stance

Bankers and real estate experts have welcomed the Reserve Bank of India's (RBI's) decision to keep repo rate unchanged at 4 per cent amid rising Covid-19 cases in the country which is threatening a promising economic recovery.

RBI enhances limit of maximum balance for payments banks
Business

RBI enhances limit of maximum balance for payments banks

The Reserve Bank of India (RBI) on Wednesday enhanced the maximum end-of-day balance limit for payment banks from Rs 1 lakh per individual to Rs 2 lakh with immediate effect.

RBI keeps interest rates on hold as Covid-19 cases surge, GDP growth forecast at 10.5 pc
Business

RBI keeps interest rates on hold as Covid-19 cases surge, GDP growth forecast at 10.5 pc

The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery amid a sharp new wave of Covid-19 cases.

RBI keeps key interest rates on hold as Covid-19 cases rise
Maharashtra

RBI keeps key interest rates on hold as Covid-19 cases rise

The Reserve Bank of India (RBI) on Wednesday kept interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery after the three-day meeting of its monetary policy committee (MPC).

ADCCB elections held in low-key manner
Aurangabad

ADCCB elections held in low-key manner

Aurangabad, April 5: The newly elected chairman of Aurangabad District Central Co-operative (ADCC) Bank, Nitin Patil, underlined that he ...

Yes Bank's Q4 deposits rise by 55 pc to Rs 1.62 lakh crore
Maharashtra

Yes Bank's Q4 deposits rise by 55 pc to Rs 1.62 lakh crore

Yes Bank said on Monday that its deposits came in at Rs 1.62 lakh crore in the fourth quarter ending March, increasing by 54.7 per cent from Rs 1.05 lakh crore a year-ago corresponding period.

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