 
                  
RBI monetary policy ‘prudent’ and on expected lines, say experts
Terming the RBI's monetary policy as prudent, banking experts and sector-watchers have said that the status quo on policy repo rate is largely on expected lines.
Stay updated with the latest news and articles about Reserve bank of India.
 
                  
Terming the RBI's monetary policy as prudent, banking experts and sector-watchers have said that the status quo on policy repo rate is largely on expected lines.
 
                  
As per the latest announcement made by the Reserve Bank of India (RBI), it has now appointed Shri Muneesh Kapur as the Executive Director (ED).
 
                  
The CAD, which is a key indicator of a country’s economic health, has fallen to US$ 9.2 billion or 1.1% of the GDP in Q1: 2023-24.
 
                  
The RBI has made it clear that these penalties are a result of lapses in regulatory compliance. They are not meant to pass judgment on the validity of any transaction or agreement made by the banks with their customers.
 
                  
The deputy governor also stressed the importance of top management and customer service committees focusing on fostering a customer-centric approach to maintain customer trust in the banking system.
 
                  
“RBI to gradually remove I-CRR, preventing sudden shocks to system liquidity and ensuring orderly functioning of money markets
 
                  
According to the report, credit to aviation increased by 78.4% year over year to Rs 40,134 crore as of July 28 in the services sector.
 
                  
Bandhan Bank, one of the fastest growing private sector banks, on Tuesday announced that it has been appointed by Reserve Bank of India (RBI).
 
                  
With effect from August 28, the branches of Akola Merchant Co-operative Bank will operate as branches of The Jalgaon Peoples Co-operative Bank, according to an announcement from the RBI.
 
                  
The Reserve Bank of India (RBI) stated that it has imposed a monetary penalty of Rs 3 lakh on Devika Urban Co-operative Bank for rule violations.
 
                  
The Reserve Bank of India, today agreed on keeping the repo rate unchanged at 6.5 per cent.
 
                  
 
                  
Reserve Bank of India takes steps to address exporters' concerns and promote rupee trade
 
                  
The auction will take place between 10:30 AM and 11:00 AM and reversal of the funds will initiate on July 28.
 
                  
IDFC First Bank and IDFC LTD will combine in a ratio of 155:100.
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