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Metro Journalist

No change in interest rate: RBI policy | Reserve Bank of India | Metro Journalist - 0 views

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    The Reserve Bank of India's governor came before media for unveiling new RBI's policies today. He announced that the RBI would do no change in its interest rate policy despite retail inflation. RBI can refer to it for estimating price.
anonymous

Collateral free loan for MSMEs on the anvil: RBI - 0 views

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    The Reserve Bank of India (RBI), may soon increase the limit of collateral free loan for MSMEs from Rs. 5 Lakh to Rs. 10 Lakh, RBI Executive Director, V. K. Sharma told SME Times on the sidelines of a meeting of the National Board for MSME in the capital today.
Metro Journalist

Pre-2005 notes to go out of currency from March 31 | Reserve Bank of India | Metro Jour... - 0 views

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    For treasure gatherers and having black money in stock, the carpet under feet would surely be slipped as the Reserve Bank of India (RBI) has dispatched a notice urging people to return the banknotes those have been issued by the bank before 2005. The notice declaring the last date to deposit the currency would last till March 31. During this period, deposited currency could be replaced with the new ones. This healthy initiative of the supreme banking identity, i.e. RBI, would draw out black money and fake currency that is in circulation. As per directions of the central bank, this regime would begin from April 1 so that the public can be enabled to exchange the old currency.
anonymous

RBI Urges Banks to Extend Help to MSMEs - 0 views

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    The Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty Friday said that there is a need for greater participation by banks to help the country's micro, small and medium enterprise (MSME) sector both with credit and non-credit services.
anonymous

RBI to Publish Report on Food Inflation - 0 views

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    The Reserve bank of India (RBI) will come out with a report on food inflation in a few weeks time, deputy governor of the central bank Subir Gokarn said on Monday.
anonymous

RBI Hints at Rate Hike to Tame Inflation - 0 views

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    The Reserve Bank of India (RBI) on Monday hinted at a hike in key interest rates to keep inflation in check while predicting a faster 8.2 percent growth in the current fiscal provided there is a normal monsoon.
The Dollar Business

Services receipts flat at $58.6 bn in Apr-Jun: RBI - 0 views

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    India's receipts from 'invisible' services continue to remain flat at $58.6 billion in the first quarter of April-June in current financial, whereas the payments towards those activities increased by 13.8% to $35.05 billion, showed a data by the Reserve Bank of India (RBI) on Monday
The Dollar Business

RBI clarifies rationale behind the currency notes withdrawal - 0 views

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    After the surprise announcement by the government of making Rs.500 and Rs.1,000 currency notes illegal from midnight, the Reserve Bank of India (RBI) announced a 25-point detailed FAQs (frequently asked questions) clarifying the rationale behind the decision.
The Dollar Business

RBI may cut rates sooner than expected: DBS - 0 views

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    Though rupee volatility and global uncertainties suggest that first three-month period of 2017 is a favourable time to ease rates, Reserve Bank of India (RBI) may cut rates soon, most probably in December in order to support the growth and tap favourable outlook of inflation, according to a report by DBS.
The Dollar Business

RBI to launch new Rs.100 note, old notes remain legal tender - 0 views

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    The Reserve Bank of India (RBI) said that it will soon start the circulation of new notes of Rs.100 denomination in the market with more identification features.
anonymous

RBI Asks Banks to Give More Loans to MSEs - 3 views

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    The Reserve Bank of India (RBI) has asked banks to increase the credit flow to micro and small firms (MSEs) and target a 20 percent year-on-year growth in MSE credit as sought by a task force appointed by Prime Minister Manmohan Singh.
anonymous

RBI Cautions People Against Fraudulent E-Mails - 6 views

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    The Reserve Bank of India (RBI) Wednesday cautioned the public against fraudulent e-mails on winning millions of rupees in lotteries.
anonymous

RBI to Hike Interest Rates in Coming Months Say Experts - 0 views

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    The Reserve Bank of India (RBI) is expected to continue increasing the repo and reverse repo rates in months to come, said a senior official of HDFC Bank.
anonymous

Monetary tightening by RBI may push up property prices - 0 views

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    Further monetary tightening by the Reserve Bank of India (RBI) and imposition of service tax on under-developed housing complexes, as proposed in the Budget 2010-11, will lead to increase in property prices, according to real estate companies.
anonymous

Exports require stability on exchange rate, FIEO tells RBI - 0 views

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    In a pre-policy meeting with RBI Governor D. Subbarao, FIEO President A. Sakthivel said urgent measures are required to bolster the exports sector, which has been severally affected by the global economic slowdown and currency fluctuation.
anonymous

Stimulus Withdrawal in Best Interest of Economy: RBI - 0 views

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    Asserting that the withdrawal of stimulus is in the best interest of the economy in the current scenario of high inflation, RBI Governor Duvvuri Subbarao on Monday said that both the government and the central bank have begun the process of exit from the expansionary stances of the financial crisis period.
anonymous

RBI eases overseas investment norms for telecom cos - 0 views

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    The Reserve Bank of India (RBI) Thursday allowed telecom companies to build and maintain submarine cable systems with global players on a co-ownership basis.
anonymous

RBI to Present Annual Monetary Policy on Tuesday - 0 views

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    The Reserve Bank of India (RBI) will present the annual monetary policy for this fiscal in Mumbai tomorrow amid a classical dilemma faced by all central banks to keep the momentum of growth or to rein in inflation.
Amit Gupta

RBI Cuts the 0.25 Percent Interest Rate - 0 views

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    RBI governor Raghuram Rajan has cut the 0.25 interest rate as earlier expected and the repo rate remains same at 4 percent.
shubham1545

RBI leaves repo rate unchanged at 6.5% second-time in row - 0 views

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    The Reserve Bank of India today left the repo rate unchanged while maintaining the stance of 'calibrated tightening' of policy. The key rate remains unchanged at 6.5%. This is for the 2nd time in a row that RBI didn't change the interest rate. It retained the GDP growth projection for FY19 at 7.4%.
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