Tag: RBI
Withdrawal of Rs 2000 currency notes at 98.18 pc: RBI
Key TakeawaysRs 2000 banknotes continue to be legal tender in India.98.18% of Rs 2000 banknotes have been withdrawn.The facility for deposit and exchange of...
Global economic challenges putting pressure on Indian economy : RBI
Key TakeawaysThe global economic challenges facing the Indian economy include depreciation pressure, financial market volatility, and trade and policy uncertainties.The RBI's monetary policy aims...
RBI cuts repo rate by 0.25 pc, first time in nearly five yrs
Key TakeawaysThe RBI cut the repo rate by 0.25% to 6.25% for the first time in nearly five years.The move is expected to ease...
India’s Growth story remains intact: RBI Gov
Key TakeawaysIndia's growth story remains intact, driven by consumption and investment demand.Private consumption is expected to remain strong, supported by improved agricultural outlook and...
PM congratulates RBI Gov for being rated A+
Key TakeawaysPrime Minister Narendra Modi congratulated RBI Governor Shaktikanta Das for being rated 'A+' in Global Finance Central Banker Report Cards 2024.RBI Governor Shaktikanta...
RBI imposes monetary penalty on five Co-op banks for non-compliance of rules
Key TakeawaysThe RBI imposed a total monetary penalty of Rs 14 lakh on five cooperative banks.Penalties were issued for failures such as delayed reporting,...
