Bank Credit Growth Accelerates To 14.2% In June Quarter: RBI Data
Metropolitan branches continue to account for over half of the bank deposits. Mumbai: Bank credit growth accelerated to 14.2 per cent in the quarter ended June 2022 from 6 per…
Forex Reserves Slump By $2 Billion As RBI Sells Dollars To Defend Rupee
Forex reserves fall by means of over $2 billion, dipping for the second one week in a row India’s foreign currency echange reserves slumped by means of over $2 billion…
RBI Likely To Set 7.23% Cutoff Yield On New 10-Year Bond: Report
The central financial institution is anticipated to promote the 2061 bond at a 7.62% yield. MUMBAI: The Reserve Bank of India will most likely set a cutoff yield of seven.23%…
India Bond Yields Rise On Inflation Concerns, RBI Minutes Eyed
The benchmark 10-year executive bond yield ended at 7.2639%, up two foundation issues. Mumbai: The executive bond yields ended larger for 2d consecutive consultation on Friday as center of attention…
Rate Hikes Needed To Tame High Inflation: RBI Report
Retail inflation in keeping with the shopper value index (CPI) softened to six.71 in keeping with cent in July. Mumbai: Inflation is consistently at increased ranges that warrants suitable coverage…
RBI Seeks Public Feedback On Changes In Payment Systems
RBI invited comments from public on more than a few adjustments proposed within the bills gadget. Mumbai (Maharashtra): The Reserve Bank of India (RBI) has invited comments from the general…
RBI Directs Loan Recovery Agents Not To Intimidate Borrowers, No Calling Before 8 am And After 7 pm
RBI mentioned those directions will likely be appropriate to all banks. Mumbai: The RBI on Friday issued recent directions barring restoration brokers from resorting to intimidation of debtors in addition…