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What does RBI’s bi-monthly Monetary Policy Committee meeting reveal? Bullish on growth and dovish on inflation, is the revelation and meaning of the monetary policy review revealed by the central bank on Thursday the 5th April 2018. It was expected that the MPC headed by RBI Governor, came out with a status quo position on

06 Apr

RBI’s Monetary Policy Committee Meeting

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What does RBI’s bi-monthly Monetary Policy Committee meeting reveal? Bullish on growth and dovish on inflation, is the revelation and meaning of the monetary policy review revealed by the central bank on Thursday the 5th April 2018. It was expected that the MPC headed by RBI Governor, came out with a status quo position on

BE/RBI NOTE/12/2018 The April meeting shortly coming up might induce RBI to keep monetary policy steady, however would result in its aggressive stand by the end of this year. The interest rates could go up in early 2019, as inflation pressures build, according to a Reuter poll of economists. Further, Between March 23-28, all 61 economists

31 Mar

RBI to take hawkish stance by end-2018

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BE/RBI NOTE/12/2018 The April meeting shortly coming up might induce RBI to keep monetary policy steady, however would result in its aggressive stand by the end of this year. The interest rates could go up in early 2019, as inflation pressures build, according to a Reuter poll of economists. Further, Between March 23-28, all 61 economists

BE/RBI NOTE/11/2018 There is news that RBI, the apex bank may keep policy rates on hold and maintain its neutral stance at the ensuing policy review meet early next month. According to the global financial services major, though the country’s economic growth is on an uptrend, recovery remains in an early stage, and this warrants

28 Mar

RBI to keep policy rates on hold

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BE/RBI NOTE/11/2018 There is news that RBI, the apex bank may keep policy rates on hold and maintain its neutral stance at the ensuing policy review meet early next month. According to the global financial services major, though the country’s economic growth is on an uptrend, recovery remains in an early stage, and this warrants

RBI confirms the Disposal Process of Demonetised notes

BE/RBI NOTE/10/2018 Demonetised Rs 500 and Rs 1,000 notes, were counted and processed for genuineness, are shredded and blocked, before being disposed of through a tendering process, the RBI has said. Before this, RBI had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs

20 Mar

RBI confirms the Disposal Process of Demonetised notes

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BE/RBI NOTE/10/2018 Demonetised Rs 500 and Rs 1,000 notes, were counted and processed for genuineness, are shredded and blocked, before being disposed of through a tendering process, the RBI has said. Before this, RBI had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs

BE/RBI NOTE/9/2018 Preventing a Fraud is not possible, is what the RBI Governor says, referring to the Rs. 11,400 crore scam at the Punjab National Bank. There is an overall talk going on that RBI supervision team should have caught the fraud that has happened, which the Governor adds is possible to conclude after any

15 Mar

RBI Governor speaks on PNB Fraud

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BE/RBI NOTE/9/2018 Preventing a Fraud is not possible, is what the RBI Governor says, referring to the Rs. 11,400 crore scam at the Punjab National Bank. There is an overall talk going on that RBI supervision team should have caught the fraud that has happened, which the Governor adds is possible to conclude after any