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RBI repo rates unchanged at 4%
Banking & Insurance Economic & Finance Market Overview Real Estate State & Urban

RBI plays it cautious, repo rates unchanged

Despite inflation edging higher in the aftermath of the Russia-Ukraine war and surging oil prices, the RBI has again decided to keep the repo rates unchanged at 4% and reverse repo rate at 3.35%. This is the eleventh consecutive time that the RBI maintained status quo amid the current uncertainties and the global economy also […]

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RBI approves transfer
Banking & Insurance Economic & Finance

RBI approves transfer, but would it ease govt’s fiscal?

The RBI Central Board approved the transfer of ₹57,128 crores as surplus to the Central Govt for the accounting year 2019-20 while deciding to maintain the Contingency Risk Buffer at 5.5%. Reserve Bank of India on Friday approved a dividend of ₹57,128 crores to the government. But the question still is unanswered, even if RBI approves the […]

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RBI changes in online transactions and home loans
Banking & Insurance Economic & Finance Laws & Taxes Market Overview

Many things will change from 1st July. No charges on NEFT and RTGS

Upcoming Month or from 1st July, Many rules are going to be changed associated with home loans and online transactions. These changes might affect the country people. There are some other things are also going to be changed from 1st July. Some changes are good for you and some are bad… Let’s get more in details about […]

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Central Bank RBI Reuters
Banking & Insurance Economic & Finance Market Overview

Central Bank V/s Central Govt…The Big Picture

A photo taken by RBI central bank of India. The central government, under the supervision of Prime Minister Narendra Modi, had signed a deal with the RBI or Reserve Bank of India a few years back. This step was taken by the Indian government to allow the Central Bank of India an institutional independence and […]

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reserve bank of India sign RBI
Banking & Insurance Commodities & Currency

RBI May Support Free falling Rupee by Hiking Rates by 50 BP

Indian Currency is continuously low down, the rupee lost 0.32%, which landed it on 71.99 per dollar. RBI is on a mission to save the money from meeting a terrible fate. On Thursday, the rupee hit an all-time low of 72.11, which marked the eighth day of the trend of loss encountered by the Indian […]

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