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Latest Articles in rbi

After China, India To Be Second Most Important Driver Of Global Growth In 2022: RBI Deputy Guv

For the year 2022, the International Monetary Fund (IMF) projected global growth at 3.2 per cent in 2022, lower than 6.1 per cent in 2021. India is projected to grow by 7.4 per cent

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Defence Forces, RBI And PM Office Most Trusted Institutions: Survey

Smack in the middle was the Parliament (33 per cent) ranked 7th, ranked 8th was the media (32 per cent) and placed 9th was the Election Commission of India (31 per cent), it said

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RBI Prescribes Norms For Small Finance Banks Looking To Deal In Forex

Other criteria for entering the forex business include profit in the preceding two years and net NPAs not being more than 6 per cent in the previous four quarters

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RBI Likely To Raise Key Policy Rate Up To 35 Bps Amid Inflation: Experts

The central bank has already announced to gradually withdraw its accommodative monetary policy stance

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RBI To Hike Rates By 30-50 Bps At Aug 5 MPC Meeting: Axis Bank Chief Economist

A hike of such a quantum will take the repo rate beyond the 5.15 per cent level, at which the RBI had begun the ultra-accommodative measures in the face of the Covid-19 pandemic, he told reporters

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Banks, Financial Institutions Can Look At Having Paperless Branches: RBI Discussion Paper

On a voluntary basis, the REs should set up targets for increasing funding to green projects over short, medium and longer term towards certain identified sectors

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RBI 'Correct' To Use Forex Reserves To Tackle Rupee Volatility: Economic Adviser

The Council he now sits on advises Prime Minister Narendra Modi and his government on economic policy

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Rupee Holding Up Well Relative To EM Peers, Advanced Economies: RBI Guv

According to him, the inflation targeting framework has worked well since adopting it in 2016 and stressed that the same should continue in the interest of the economy and the financial sector

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'RBI's Rupee Trade Settlement A Step Towards Internationalisation Of Rupee'

The circular said that before putting in place rupee invoicing mechanism, Authorised Dealer (AD) banks will require prior approval from the Foreign Exchange Department of RBI

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RBI Pushes Crypto Ban, FM Seeks International Support

FM, Nirmala Seetharaman highlighted the borderless and speculative nature of cryptocurrencies, while seeking international cooperation on framing a regulatory framework

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Front-loading Monetary Policy Action Can Anchor Inflation Expectations: RBI

Higher crude price increases other international commodity prices, feed into global inflation and weaken global demand and growth

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Muted Impact Of Fed's Taper 2 On India Due To Strong External Position: RBI

In recent years, SBPs are also becoming increasingly visible in the Indian FX market with trading volumes rising on such platforms, it said

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Remittances From Gulf Countries Dropped Sharply In FY21 Due To Covid-19: RBI

It also noted that stressed income conditions are discernible from small size transactions gaining a share in total remittances during the pandemic period

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Trade Settlements In Rupee Will Strengthen India's International Presence: Experts

For settlement of trade transactions with any country, AD banks in India may open special rupee Vostro accounts of correspondent bank/s of the partner trading country

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RBI Announces International Trade Settlement In Indian Rupees

Talking about the documentation, the central bank said that the export and imports undertaken and settled in this manner will be subject to usual documentation and reporting requirements

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