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Policy rate hike to control inflation, 50bps the new normal with many...
With the inflation at an unacceptable 7 per cent, the monetary policy has to act and hence the repo rate has been hiked by 50 basis points (bps) to...
Upcoming credit policy to set tone for growth, say experts
There are speculations that the RBI may go for at least 35 bps hike over and above the 40 bps hike effected last month after an off-cycle MPC meeting
Future rate hikes may be in multiples of 25bps
Further hike in the key policy rates is imminent. However, it has been presumed by the MPC members, who met on May 2-4 as part of an off-cycle meet,...
RBI to transfer Rs 30K as surplus to the Centre
The RBI Board approved the transfer of Rs 30,307 crore as surplus to the Central Government for the accounting year 2021-22, while deciding to...
Now you can make cardless withdrawals from any bank's ATM in India
Now all banks, ATM networks and White Label ATM Operators (WLAO) may provide the option of interoperable card-less cash withdrawal at their ATMs. The...
FM terms rate hike as RBI's synchronised action
Says it came as a surprise because central bank took decision between 2 review meetings
Market to remain volatile, choppy amid inflation combat measures
The sentiment and technical charts would offer relief only once the levels of 57,100 on BSE Sensex and 17,100 are crossed and held
RBI bites the bullet, hikes repo rate
Monetary Policy Committee (MPC) hikes repo rate by 40 bps to 4.4% and also raises CRR by 50bps to 4.5% effective from May 21; CRR hike will suck out...
