The Reserve Bank of India’s Monetary Policy Committee has kept the repo rate unchanged at 4 per cent. Check all details of the key rates and GDP forecast announced by RBI here.
The central bank further clarified that it does not deal in such matters and never seeks charges or commissions of any sort.
Shares of IDFC rose by 12 per cent following the announcement of Reserve Bank of India's has allowed IDFC to exit as the promoter of IDFC First Bank.
Reserve Bank of India has announced Resolution Framework 2.0. The central bank has decided to expand the coverage of benefits for the borrowers to Rs 50 crore.
Reserve Bank of India has introduced several new measures in its recent bi-monthly policy review. The RBI has left key rates unchanged in its latest monetary policy.
Reserve Bank of India has declared an emergency healthcare package of Rs 50,000 crore to combat the surge of Covid-19 infections. RBI has also announced an SLTRO.
ICICI Bank shares are up by 2% on Tuesday's trading session. The shares of the private bank rose as the Reserve Bank of India imposed a penalty of Rs 3 crores on ICICI Bank.
The post of Deputy Governor of RBI left vacant after the retirement of B.P. Kanungo would be taken up by T Rabi Sankar. The deputy governor's position was vacant since April 2.
The Reserve Bank of India has declared its monetary policy for April 2021. The six-member Monetary Policy Committee has retained the 'accommodative' policy stance.
The Phase 2 examination of RBI Grade B for the post of DEPR and DSIM will be held on 31 March and Grade B for General on 1 April. At the same time, for more information related to this exam, you can visit the official website of RBI.