With the latest inflation prints moving up, the Reserve Bank (RBI) is likely to raise its inflation forecast for March and may leave the key rates unchanged.
The rise in inflation, though, is unlikely to translate into higher wages, given subdued demand for jobs in an economy which is forecast to grow at its slowest pace in four years.
This was a break from the usual practice as the RBI had not made any transfers to the fund in the three preceding years. The government had sought the amount, which it felt was the surplus earned by the RBI.
The Reserve Bank of India (RBI) has ordered banks to recalibrate ATMs to ensure that more numbers of the Rs. 200 denomination note is dispensed to the general public.
The Reserve Bank of India (RBI) warned against potential further downside risk for banks as asset quality concerns are far from resolved.
The RBI may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report.
The finance ministry is mulling over launching a cryptocurrency called "Lakshmi" and has set up a committee for the same.
Bankers and experts are of the view that the RBI for the second time in a row may key repo-rate or short term lending rate unchanged.
आप अगर भारतीय रिजर्व बैंक (RBI) में नौकरी करना चाहते हैं तो यह आपके लिए बेहतर मौका साबित हो सकता है. दरअसल, RBI ने खाली पड़ें 526 पदों पर आवेदन मांगा है.
What is being discussed is to only ask for what the RBI earned this year but did not distribute. That is about Rs.13,000 crore.
No information is available about black money and counterfeit notes recovered post demonetisation, RBI said in response to an RTI query.
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The current perceptions of households on the general economic situation remained in the pessimistic zone for four successive quarters, with the outlook worsening, the RBI said.
The Reserve Bank of India (RBI) in its fourth bi-monthly monetary policy review on Wednesday kept the repo rate unchanged at 6 per cent,
The monetary policy committee of the RBI is expected to keep its interest rate unchanged today despite a sharp slowdown in economic growth.
Eight months on, no argument advanced by the government or its backers in favor of demonetisation has been validated by any authority.
According to the RBI data, Rs 100 notes in March made up Rs 2.5 lakh crore, or 19.3 per cent of the total notes in circulation.
The RBI started pumping Rs.200 notes into the system from last Friday in a bid to ease cash transactions and make the currency system more efficient.
While the jury is out on the costs and benefits of demonetisation, for the RBI at least, the note ban was one of the key reasons for lower profits.
The Reserve Bank of India (RBI) will issue the first-ever Rs 200 denomination bank notes tomorrow that is on the 25th of Friday.
According to figures compiled by the Finance Ministry and RBI, SBI accounts for over 27 per cent of the total amount owed to public sector banks.
The new Rs. 50 note has different designs and geometric patterns aligning with the overall scheme, both at the obverse and reverse, the RBI further stated.
RBI included the implementation of house rent allowance or HRA, under the 7th Pay Commission (7th CPC) could lead to inflation.
The Reserve Bank of India (RBI) has stopped printing the Rs 2,000 currency notes and will not be bringing new notes of that denomination in the current financial year.