Rbi Monetary Policy Decision
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RBI Raises UPI Limit to Rs. 5 Lakh for Tax Payments, Introduces Delegated Payments Feature
The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...
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Markets Fall In Early Trade Ahead Of RBI Monetary Policy Decision
Benchmark equity indices declined in early trade on Thursday ahead of RBI's monetary policy decision amid a weak trend in global markets.
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Inflation To Remain Above 5% Throughout 2023-2024, Says RBI
The Reserve Bank of India (RBI) announced its decision on key policy rates today following the conclusion of its three-day Monetary Policy Committee (MPC) meeting headed by Governor Shaktikanta Das.
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RBI's Monetary Policy Meet Starts, Decision On Rate Change On Thursday
The Reserve Bank's rate-setting monetary policy panel began deliberations on Tuesday amid expectations that the central bank will keep the benchmark interest rates unchanged at 6.5 per cent.
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Nifty, Sensex Close Higher Aided By IT Stocks Ahead Of RBI Rate Decision
Indian shares advanced today, aided by strong quarterly updates from finance companies and banks, while inflation concerns kept investors cautious a day ahead of the Reserve Bank of India's (RBI) monetary policy decision.
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Rupee Trades At Over A One-Month Low Of 82.72 Per Dollar Ahead Of RBI
Rupee Today: The rupee trades only a touch weaker ahead of the RBI's policy decision on Wednesday as oil prices tumbled on demand concerns.
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Sensex Falls A Modest 45 Points Ahead Of RBI's Policy Decision
Stock Market India: Equity benchmarks rose on Wednesday, stalling a four-day losing streak ahead of a widely expected rate hike.
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Another RBI Rate Hike Coming, Say Experts Ahead Of MPC Meeting
With inflation showing no signs of abatement, the Reserve Bank is likely to increase the benchmark lending rate in quick succession in its forthcoming monetary policy review on Wednesday, a hint for which has already been given by Governor Shaktikanta Das, opined experts.
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RBI Policy Move, Global Trends To Be Key Market Drivers This Week
This week, the RBI's policy decision would be the major event driving trading sentiment in the equity market.
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In A 'No Brainer' Move, RBI Set To Hike Repo Rate By 0.4% On Wednesday
The Reserve Bank of India is likely to raise the policy repo rate by 40 basis points on Wednesday and hike it further by 0.35 per cent in August, taking it to the pre-pandemic level of 5.15 per cent.
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RBI May Hike Rates By 75 Basis Points By August: SBI Economists
The surge in India's inflation is a fallout of the Ukraine war and the RBI may hike rates by 75 basis points by August, said SBI Economists.
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Key Rate Hike A Synchronised Event By All Central Banks: Finance Minister
Ms Sitharaman said the RBI's decision to increase policy rates has not surprised the government
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RBI Hikes Key Lending Rate To 4.40%, First Time In 4 Years Over Surging Inflation: 10 Points
The RBI on Wednesday raised its key lending rate by 40 basis points to 4.40 per cent with immediate effect. The central bank also hiked the cash reserve ratio by 50 basis points. The decision was taken by the monetary policy committee (MPC) in an off-cycle meeting with the central board held May 2-4.
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RBI's April Meeting Minutes - Focus Shifts To Inflation: Economists
The minutes of the latest RBI monetary policy committee (MPC) meeting released on Friday showed the central bank has shifted its focus to fighting surging inflation even as growth worries remain.
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RBI Raises Inflation Forecast To 5.7%, Keeps Repo Rate Unchanged. Here’s What Uday Kotak Has To Say
The CEO of Kotak Mahindra Bank tweeted about the decisions taken by the RBI.
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RBI Raises UPI Limit to Rs. 5 Lakh for Tax Payments, Introduces Delegated Payments Feature
The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...
-
Markets Fall In Early Trade Ahead Of RBI Monetary Policy Decision
Benchmark equity indices declined in early trade on Thursday ahead of RBI's monetary policy decision amid a weak trend in global markets.
-
Inflation To Remain Above 5% Throughout 2023-2024, Says RBI
The Reserve Bank of India (RBI) announced its decision on key policy rates today following the conclusion of its three-day Monetary Policy Committee (MPC) meeting headed by Governor Shaktikanta Das.
-
RBI's Monetary Policy Meet Starts, Decision On Rate Change On Thursday
The Reserve Bank's rate-setting monetary policy panel began deliberations on Tuesday amid expectations that the central bank will keep the benchmark interest rates unchanged at 6.5 per cent.
-
Nifty, Sensex Close Higher Aided By IT Stocks Ahead Of RBI Rate Decision
Indian shares advanced today, aided by strong quarterly updates from finance companies and banks, while inflation concerns kept investors cautious a day ahead of the Reserve Bank of India's (RBI) monetary policy decision.
-
Rupee Trades At Over A One-Month Low Of 82.72 Per Dollar Ahead Of RBI
Rupee Today: The rupee trades only a touch weaker ahead of the RBI's policy decision on Wednesday as oil prices tumbled on demand concerns.
-
Sensex Falls A Modest 45 Points Ahead Of RBI's Policy Decision
Stock Market India: Equity benchmarks rose on Wednesday, stalling a four-day losing streak ahead of a widely expected rate hike.
-
Another RBI Rate Hike Coming, Say Experts Ahead Of MPC Meeting
With inflation showing no signs of abatement, the Reserve Bank is likely to increase the benchmark lending rate in quick succession in its forthcoming monetary policy review on Wednesday, a hint for which has already been given by Governor Shaktikanta Das, opined experts.
-
RBI Policy Move, Global Trends To Be Key Market Drivers This Week
This week, the RBI's policy decision would be the major event driving trading sentiment in the equity market.
-
In A 'No Brainer' Move, RBI Set To Hike Repo Rate By 0.4% On Wednesday
The Reserve Bank of India is likely to raise the policy repo rate by 40 basis points on Wednesday and hike it further by 0.35 per cent in August, taking it to the pre-pandemic level of 5.15 per cent.
-
RBI May Hike Rates By 75 Basis Points By August: SBI Economists
The surge in India's inflation is a fallout of the Ukraine war and the RBI may hike rates by 75 basis points by August, said SBI Economists.
-
Key Rate Hike A Synchronised Event By All Central Banks: Finance Minister
Ms Sitharaman said the RBI's decision to increase policy rates has not surprised the government
-
RBI Hikes Key Lending Rate To 4.40%, First Time In 4 Years Over Surging Inflation: 10 Points
The RBI on Wednesday raised its key lending rate by 40 basis points to 4.40 per cent with immediate effect. The central bank also hiked the cash reserve ratio by 50 basis points. The decision was taken by the monetary policy committee (MPC) in an off-cycle meeting with the central board held May 2-4.
-
RBI's April Meeting Minutes - Focus Shifts To Inflation: Economists
The minutes of the latest RBI monetary policy committee (MPC) meeting released on Friday showed the central bank has shifted its focus to fighting surging inflation even as growth worries remain.
-
RBI Raises Inflation Forecast To 5.7%, Keeps Repo Rate Unchanged. Here’s What Uday Kotak Has To Say
The CEO of Kotak Mahindra Bank tweeted about the decisions taken by the RBI.
