Tag: Reserve Bank of India
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In major reforms, RBI expands credit for companies; limits on loansagainst shares hiked 5x to Rs 1cr
MUMBAI: Reserve Bank of India unveiled on Wednesday its most comprehensive reforms in over a decade, aimed at countering US-driven headwinds and...
Retail inflation: CPI rises to 2.07% YoY in August; up from 1.61% in July
Retail inflation edged higher in August, with the Consumer Price Index (CPI) recording a year-on-year rise of 2.07%, up 46 basis points...
Rupee slips to a fresh low of 88.27 against $
MUMBAI: The rupee bucked the trend among Asian peers on Friday, slipping to a record low even as most emerging market currencies...
Rupee at record low: Markets eye RBI’s next move as currency breaches 89; corporates’ worries mount
The rupee's trajectory has become a key concern for financial markets. Banks have reduced trading exposures, while numerous importers with large unhedged...
Bank holiday on Saturday: Are banks closed on August 30? Check state-wise full list of upcoming holidays
Bank holidays in India can be cause of confusion, especially when it comes to Saturday operations. According to the Reserve Bank of...
