Bharat Express

RBI

RBI policy effects on Loan rates/Interest Rates.

Stock Market: Indian stock markets fell after the Reserve Bank of India announced its monetary policy.

Shaktikanta Das, the Governor of Reserve Bank of India, announced the bi-monthly monetary policy today

Markets open in red as Sensex plunges over 100 points at 62,807; Nifty at 18,658. Indian benchmark indices Sensex and Nifty50 started the week on a mixed note, reflecting the mixed openings in Asian markets. SGX Nifty, an early indicator of the direction that market may take, rose 0.17% prior to the markets opening. Benchmark …

The Reserve Bank of India announced the launch of the first pilot for retail digital Rupee on 1 December 2022. This comes after the apex bank stated on October 31 that the pilot would commence in a month’s time. The digital rupee would be in the form of a digital token that represents legal tender, …

The Reserve Bank of India is unlikely to extend the Friday deadline for businesses to tokenise credit and debit cards. Banking and merchant sources said that despite a demand by smaller merchants, there has been no indication that the central bank would announce an extension beyond September 30. A banker with a state-owned bank told …