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Tag: rbi monetary policy

RBI to enable UPI for cash deposit facility, to allow foreign investors in IFSC to invest in Sovereign Green Bonds

Posted on April 5, 2024 By admin
RBI to enable UPI for cash deposit facility, to allow foreign investors in IFSC to invest in Sovereign Green Bonds

Mumbai, Apr 05 (ANI): RBI Governor Shaktikanta Das addresses during a press conference regarding the monetary policy decisions, in Mumbai on Friday. (ANI Photo) | Photo Credit: ANI Considering the popularity and convenience of UPI, the Reserve Bank of India (RBI) has proposed to enable UPI for cash deposit facility. RBI Governor Shaktikanta Das, while…

Read More “RBI to enable UPI for cash deposit facility, to allow foreign investors in IFSC to invest in Sovereign Green Bonds” »

Business

RBI Monetary Policy | Soon, deposit cash using UPI

Posted on April 5, 2024 By admin
RBI Monetary Policy | Soon, deposit cash using UPI

Image for representation only | Photo Credit: C. Venkatachalapathy The Reserve Bank of India has proposed to facilitate cash deposit facility in banks through the use of UPI, an instant real-time payment system for inter-bank transactions through mobile phones. ALSO READ | RBI Monetary Policy LIVE updates  “Given the popularity and acceptance of UPI, as…

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Business

Markets fall in early trade ahead of RBI monetary policy decision

Posted on August 10, 2023 By admin
Markets fall in early trade ahead of RBI monetary policy decision

 The 30-share BSE Sensex fell 235.99 points to 65,759.82. The NSE Nifty declined 64.2 points to 19,568.35. | Photo Credit: AP Benchmark equity indices declined in early trade on Thursday ahead of RBI’s monetary policy decision amid a weak trend in global markets. Investors also remained on the sidelines ahead of the U.S. inflation data…

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Business

RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

Posted on August 10, 2023 By admin
RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

The Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged, RBI Governor Shaktikanta Das said in Mumbai on August 10, 2023. | Photo Credit: Emmanual Yogini The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%.  Consequently,…

Read More “RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%” »

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