Tag: RBI
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RBI keeping a close watch on Top 20 Business houses
[ad_1] RBI keeping a close watch on Top 20 Business houses. The Reserve Bank of India (RBI) is stepping up its vigilance on the top 20 business houses with the largest borrowings from banks to identify risks in advance. This move is in addition to the routine monitoring of systemically important financial intermediaries and the…
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RBI on their toes as always: Sitharaman on Adani-Hindenburg matter
[ad_1] Union Finance Minister Nirmala Sitharaman on Saturday said that Indian regulators are “very experienced” and seized of the matter related to the Adani-Hindenburg matter and are “on their toes” to handle the situation that has arisen following the report by US-based short seller Hindenburg Research. Addressing media persons in Mumbai, Sitharaman said the regulators…
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RBI raises repo rate. How repo rate affect the average person?
[ad_1] In its first Monetary Policy statement of 2023, the RBI raised the policy repo rate by 25 basis points to 6.5%; since May 2022, the rate has seen an overall hike of 250 basis points. In its first Monetary Policy statement of 2023, the Reserve Bank of India (RBI) on Wednesday hiked the policy…
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RBI: QR-based coin vending machine coming up
[ad_1] RBI also announced that all inbound travelers to India will allowed to use the UPI system for their merchant payments, starting with those arriving from G-20 countries. Shaktikanta Das, governor of the Reserve Bank of India (RBI), revealed a pilot project on Wednesday in his speech on monetary policy, in which coin vending machines…
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RBI Hikes Repo Rate : RBI Governor Shaktikanta Das on Wednesday announced to increase the repo rate. Repo rate has been increased by 0.40% by RBI.
[ad_1] RBI Hikes Repo Rate : After about two years, the repo rate has been changed by the Reserve Bank of India. The central bank has given a big blow to the customers by increasing the repo rate by 0.40 percent. After this change, the EMI of each type of loan is expected to increase.…
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Share Market : Due to the increase in the repo rate, there has been an outcry in the stock market, the repo rate has been increased by 0.40% by RBI.
[ad_1] Share Market : On the third trading day of the week, the stock market started trading with a green mark in the morning. Investors were also excited by the opening of LIC’s IPO during the trading day. But after noon, due to the increase in the repo rate by the RBI, the selling phase…