All posts tagged "RBI"
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99BUSINESSIndia’s Forex Reserves Hit Record USD 666.85 Billion, Driven By Surging Gold And Foreign Currency Assets
According to a recent RBI report, India’s foreign exchange reserves are now sufficient to cover over 11 months of projected imports. New...
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58FINANCESovereign Gold Bonds: This SGB Up For Final Redemption In August 2024; Check Details
The Sovereign Gold Bond Scheme 2016-17 – Series I was released on August 5, 2016: Check redemption details These days, investing in...
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57STOCK MARKETIDBI Bank stock gains 6% after RBI approves bidders for privatisation
IDBI Bank shares surge 6% as RBI issues ‘fit and proper’ report on bidders for divestment process Read More: Stock Market Updates:...
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55FINANCEBank of Baroda, Bank of Maharashtra launch special fixed deposit schemes. Details here
Nearly a week after the Reserve Bank of India (RBI) highlighted a gap in deposit and credit growth during a meeting with the top...
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43STOCK MARKETSoftbank exits Paytm at loss of around USD 150 million
New Delhi: Japan’s Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around USD...
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97MUST KNOWNPCI To Introduce New Product On UPI With Credit Card Like Features- Details Here
The new credit feature on UPI allows customers to make purchases without seeing immediate fund outgo from their accounts. New Delhi: The National...
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49BUSINESS‘India Can Become World’s 2nd Largest Economy By 2031’; Here’s What RBI Deputy Governor Said On Country’s Potential
Speaking at the Lal Bahadur Shastri National Academy of Administration this week, Patra highlighted India’s traditional strengths and advantages that are expected...
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54FINANCE
India’s Foreign Exchange Reserves Surge To Reach USD 657.2 Billion
In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty. In 2022, India’s forex kitty...
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48BUSINESSCPI Inflation in June Rises To 4-Month High of 5.08%, IIP Growth Jumps To 5.9%
Retail Inflation in June 2024: India’s CPI inflation in June 2024 stood at 5.08 per cent; IIP growth rose to 5.9 per...
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80BUSINESSJio Financial Services gets RBI nod to become core investment company
Jio Financial Services submitted an application to the RBI in November 2023 to convert its status from an NBFC to a Core...
