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RBI Rate Unchanged, 6.5% GDP Outlook Counters Trump's "Dead Economy" Jibe
The Reserve Bank of India (RBI) has kept its repo rate unchanged at 5.5% as the rupee remains under pressure due to US President Donald Trump's tariff threat.
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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
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People In Queue To Exchange Rs 2,000 Notes After Last Date Quizzed At RBI
The Economic Offence Wing (EOW) of Odisha Police questioned people standing in queue to exchange Rs 2000 currency notes at the Reserve Bank of India counter here to find out whether they were acting as agents for others, an official said.
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RBI Says $6.7 Billion In Cheap Loans For Vaccine Makers, Hospitals
India's central bank released $6.7 billion in cheap financing for vaccine makers, hospitals and other health firms on Wednesday, to counter the devastating coronavirus surge gripping the country.
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Nirmala Sitharaman's 13-Tweet Counter To Rahul Gandhi's 'RBI List' Attack
In a series of tweets late on Tuesday night, Finance Minister Nirmala Sitharaman rebutted Congress leader Rahul Gandhi on his allegations on "wilful defaulters, bad loans and write-offs", calling them an attempt to "mislead people in a brazen manner" and sensationalise facts.
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RBI Tells Banks To Accept Rs 1, Rs 2, Rs 5 Coins In Polythene Sachets Of 100 Each
RBI says accepting coins packed in polythene sachets of 100 each would be more convenient for the cashiers as well as the customers. Such polythene sachets may be kept at the counters and made available to the customers.
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RBI Chief Urjit Patel To Explain Notes Ban To Parliamentary Panel Today
Reserve Bank of India Governor Urjit Patel is expected to appear before a parliamentary panel today, which has asked him to explain the decision of demonetisation and its effect on economy. He is also expected to be asked about the steps the nation's Central bank took to counter the cash crunch that followed the sudden withdrawal of 500- and 1000-...
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Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
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$184 Billion, 80 Per Cent Of Total Old Notes, Back In Banks, Says RBI
Banks have received 12.44 lakh crores or $184.24 billion in old 500 and 1,000-rupee notes till December 10, since the currency ban, the Reserve Bank of India said today. It also said that banks have so far issued 4.61 lakh crores in new currency to people over the counter and through ATMs. Prime Minister Narendra Modi had on November 8 announced th...
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New Rs 500 Notes In Odisha From Tomorrow: RBI
Reserve Bank of India, Bhubaneswar today said new Rs 500 notes will be available in different bank counters across Odisha from tomorrow and urged people to ignore rumours on circulation of fake Rs 10 coins.
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International Monetary Fund Paper Counters Raghuram Rajan on Easy Policy Being Recipe for Crisis
With Raghuram Rajan ringing alarm bells about the world economy facing the Great Depression-like problems, an International Monetary Fund (IMF) research paper has countered his views.
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RBI Rate Unchanged, 6.5% GDP Outlook Counters Trump's "Dead Economy" Jibe
The Reserve Bank of India (RBI) has kept its repo rate unchanged at 5.5% as the rupee remains under pressure due to US President Donald Trump's tariff threat.
-
RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
-
People In Queue To Exchange Rs 2,000 Notes After Last Date Quizzed At RBI
The Economic Offence Wing (EOW) of Odisha Police questioned people standing in queue to exchange Rs 2000 currency notes at the Reserve Bank of India counter here to find out whether they were acting as agents for others, an official said.
-
RBI Says $6.7 Billion In Cheap Loans For Vaccine Makers, Hospitals
India's central bank released $6.7 billion in cheap financing for vaccine makers, hospitals and other health firms on Wednesday, to counter the devastating coronavirus surge gripping the country.
-
Nirmala Sitharaman's 13-Tweet Counter To Rahul Gandhi's 'RBI List' Attack
In a series of tweets late on Tuesday night, Finance Minister Nirmala Sitharaman rebutted Congress leader Rahul Gandhi on his allegations on "wilful defaulters, bad loans and write-offs", calling them an attempt to "mislead people in a brazen manner" and sensationalise facts.
-
RBI Tells Banks To Accept Rs 1, Rs 2, Rs 5 Coins In Polythene Sachets Of 100 Each
RBI says accepting coins packed in polythene sachets of 100 each would be more convenient for the cashiers as well as the customers. Such polythene sachets may be kept at the counters and made available to the customers.
-
RBI Chief Urjit Patel To Explain Notes Ban To Parliamentary Panel Today
Reserve Bank of India Governor Urjit Patel is expected to appear before a parliamentary panel today, which has asked him to explain the decision of demonetisation and its effect on economy. He is also expected to be asked about the steps the nation's Central bank took to counter the cash crunch that followed the sudden withdrawal of 500- and 1000-...
-
Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
-
$184 Billion, 80 Per Cent Of Total Old Notes, Back In Banks, Says RBI
Banks have received 12.44 lakh crores or $184.24 billion in old 500 and 1,000-rupee notes till December 10, since the currency ban, the Reserve Bank of India said today. It also said that banks have so far issued 4.61 lakh crores in new currency to people over the counter and through ATMs. Prime Minister Narendra Modi had on November 8 announced th...
-
New Rs 500 Notes In Odisha From Tomorrow: RBI
Reserve Bank of India, Bhubaneswar today said new Rs 500 notes will be available in different bank counters across Odisha from tomorrow and urged people to ignore rumours on circulation of fake Rs 10 coins.
-
International Monetary Fund Paper Counters Raghuram Rajan on Easy Policy Being Recipe for Crisis
With Raghuram Rajan ringing alarm bells about the world economy facing the Great Depression-like problems, an International Monetary Fund (IMF) research paper has countered his views.
