Tags RBI

Tag: RBI

India in Historic Recession, RBI ‘nowcast’ Shows

GDP contracted 8.6% in the quarter ended September, the RBI Showed in its first ever published ‘nowcast,’ which is an estimate based on high-frequency data. The economy had slumped about 24% in April to June.

The rules to withdraw money from bank ATM card has changed by RBI, will be applicable from 30 September

If you utilize debit and mastercard, then it's important for you to browse this news. the rationale for this is often within the news banking concern of Bharat (RBI) has created changes in debit and mastercard rules. These new rules were free in Gregorian calendar month. however given...

Rs 500 In Circulation Sharply Increases; No Rs 2,000 Note Printed In FY20

The Reserve Bank of India (RBI) has proclaimed its annual report for the year FY20. knowledge of currency-in-circulation (CIC) was conjointly bestowed, that showed a stunning image. Within the business enterprise, tally didn't print any new Rs2,000 notes. whereas the financial organisation hyperbolic the printing of latest Rs500...

Again the RBI TWISTS; announced yet another round of OMOs

In a bid to lower interest rates on long-run government bonds, the banking concern of India (RBI) on weekday, August 25, aforesaid that it's set to conduct concurrent purchase ANd sale of presidency securities below Open Market Operation (OMO) for an mixture quantity of...

RBI MPC keeps interest rates unchanged for Banks, auto stocks trade flat

MPC expects inflation to live elevated in Q2FY21 but is of the view this is it probable to ease in H2 aided...

Nirmala Sitharaman: The whole Finance Ministry working with RBI for the need for loan restructuring

The focal point is on restructuring. Finance ministry is actively engaged with RBI in this. In principle, the idea that there can...

Shaktikanta Das RBI’s Governor highlights – five shifts in economy

Commenting on the infrastructure as a boom driver, he said the infrastructure hole nevertheless stays large and there may be a want...

Google Pay Says All Transactions Are Fully Protected By Processes Laid Out By RBI, NCPI

Google Pay is an online cash transactions platform available on all non-rooted Android devices (Lollipop 5.0+). It works as an era service...

Google Pay not a payment system operator: RBI to Delhi HC

Google Pay (stylized as G Pay; formerly Pay with Google and Android Pay) is a digital platform and online platform system developed by Google to power in-app and tap-to-pay purchases on...

RBI reveals data on transactions through RTGS, NEFT, AePS, UPI, IMPS

The Reserve Bank of India has published the everyday settlement data of preferred payment systems for June 3 and June 4. The...
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