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  Another rate hike on cards, say experts ahead of RBI's MPC meeting

  Business | June 05, 2022 14:31 IST

  The retail inflation, which RBI factors in while arriving at its monetary policy, galloped for a seventh straight month to touch an 8-year high of 7.79 per cent in April, mainly on account of surging commodity prices.

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  Home loan EMIs to go up as HDFC hikes interest rate; ICICI Bank, PNB increase MCLR

  Business | June 01, 2022 17:12 IST

  The upward revision in interest rates by HDFC, PNB and ICICI Bank follow an off-cycle rate increase by the Reserve Bank in May.

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  Registration of 5 NBFCs cancelled by RBI, Check list

  Business | May 26, 2022 13:17 IST

  RBI said that the registrations of five NBFCs were cancelled for violating norms related to outsourcing and fair practices code in their digital lending operations.  

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  Reserve Bank of India issues norms for import of gold by jewellers

  Business | May 26, 2022 12:20 IST

  In addition to agencies nominated by the RBI and by DGFT, Qualified Jewellers as approved by International Financial Services Centers Authority were permitted to import gold in January.

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  RBI Governor says expectation of rate hike in next policy 'a no-brainer'

  Business | May 23, 2022 20:35 IST

  RBI Governor Shaktikanta Das said that there will be some hike but how much I will not be able to tell now... to say that 5.15 (per cent) may not be very accurate.

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  Provide option of cardless cash withdrawal at ATMs: RBI to banks

  Business | May 20, 2022 12:42 IST

  RBI said that the National Payments Corporation of India (NPCI) has been advised to facilitate Unified Payments Interface (UPI) integration with all banks and ATM networks.

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  RBI may hike rates by 75 basis points by August: SBI Economists

  May 16, 2022 17:05 IST

  The economists said they did a study of the Russian invasion's impact on inflation, which revealed that 59 per cent of the jump in prices is due to geopolitical events.

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  Fact-check: Govt dismisses fake Rs 500 notes claims over proximity of green strip

  Fact Check | May 11, 2022 21:13 IST

  PIB fact check busts rumours claiming currency notes of Rs 500 are fake in which the proximity of the green strip is not near to the Reserve Bank of India (RBI) Governor's signature.

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  RBI wants smooth policy measures; prefers smaller rate hikes: Source

  Business | May 05, 2022 21:39 IST

  On what changed since April 8 -- when the last scheduled policy meet decided to maintain status quo -- and May 4, the source said the inflation print at near 7 per cent for March came way above RBI's expectations, and the momentum is likely to continue in April as well.

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  How RBI rate hike will tame inflation? Explained

  Business | May 05, 2022 17:11 IST

  The Reserve Bank of India in a surprise move on Wednesday (May 4) announced to hike the repo rate by 40 basis points to 4.40 per cent, the first hike since August 2018.

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  Markets erase gains after initial euphoria to end flat; Nifty ends below 16,700

  May 05, 2022 17:00 IST

  The 30-share BSE benchmark Sensex had jumped 897.77 points or 1.61 per cent to 56,566.80 during the day. But it pared most of the gains and closed just 33.20 points or 0.06 per cent higher at 55,702.23. Similarly, the NSE Nifty inched up 5.05 points or 0.03 per cent to 16,682.65.  

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  Home, auto loans EMIs set to go up after RBI's unscheduled interest rate hike | Details

  Business | May 04, 2022 17:21 IST

  RBI Governor Shaktikanta Das said that all six members of the MPC unanimously voted for a rate hike to contain inflation that has remained stubbornly above the target of 6 per cent for the last three months.

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  Card-less cash withdrawal facility across all banks' ATM network soon: RBI

  Business | April 08, 2022 13:05 IST

  It is proposed to enable customer authorisation through the use of UPI while settlement of such transactions would happen through the ATM networks.

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  RBI ups inflation target for FY23 to 5.7 pc on rising global prices amidst geo-political tensions

  Business | April 08, 2022 12:12 IST

  In its earlier policy review in February, the RBI had projected retail inflation to be at 4.5 per cent in 2022-23.

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  RBI keeps repo rate unchanged 11th time in a row at 4%; cuts FY23 GDP to 7.2%

  Business | April 08, 2022 13:33 IST

  RBI on Friday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance despite rising inflation.

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  Will RBI increase interest rate in first monetary policy of current fiscal? What experts say

  Business | April 06, 2022 17:34 IST

  The Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, is holding its first meeting in the current financial year. The meeting will be on from April 6 to 8 and the outcome will be announced on April 8.  

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  '123PAY': RBI launches UPI service for non-smartphones

  Business | March 08, 2022 16:47 IST

  RBI Governor Shaktikanta Das said that UPI '123PAY' will allow India's 40 crore feature phone users to access the payment service.

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  Bank Holidays March 2022: Banks to remain closed for up to 13 days next month | Full list

  Business | February 28, 2022 12:45 IST

  The RBI’s list of holidays falls into three categories. These are state-wise celebrations, religious holidays and festival celebrations.

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  RBI Recruitment 2022: Apply for 950 Assistant posts | Check salary, eligibility details

  Career | March 04, 2022 10:14 IST

  As per the official notification, RBI Assistant Recruitment 2022 registrations will begin from February 17, 2022. The last date to submit the online application forms and payment of examination fees is March 8, 2022.

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  Banning cryptocurrency perhaps most advisable choice open to India: RBI Deputy Governor

  Business | February 14, 2022 22:03 IST

  We have seen that crypto-technology is underpinned by a philosophy to evade government controls. Cryptocurrencies have specifically been developed to bypass the regulated financial system. These should be reason enough to treat them with caution, RBI Deputy Governor T Rabi Sankar said.