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RBI's Deputy Governor Viral Acharya quits before term ends: Report
Business

RBI's Deputy Governor Viral Acharya quits before term ends: Report

Viral Acharya, the Deputy Governor of Reserve Bank of India (RBI), has tendered his resignation, Business Standard reported on Monday.
RBI cuts repo rate by 25bps; loans/EMIs to get cheaper
Business

RBI cuts repo rate by 25bps; loans/EMIs to get cheaper

Taking a major policy U-turn, the RBI's six-member Monetary Policy Committee (MPC) headed by newly-appointed Governor Shaktikanta Das lowered the repo rate by 25 basis points to 6.25%.
RBI likely to keep interest rate unchanged on December 5
Business

RBI likely to keep interest rate unchanged on December 5

The Reserve Bank is likely to maintain status quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, suggested experts.
Mizoram polls: 15% voter turnout recorded in first two hours
India

Mizoram polls: 15% voter turnout recorded in first two hours

Around 15% voter turnout was recorded in first two hours of polling in 40 Assembly constituencies of Mizoram, Chief Electoral Officer Ashish Kundra said today.
In a surprise move, RBI keeps policy rates unchanged
Business

In a surprise move, RBI keeps policy rates unchanged

The Reserve Bank opted for a surprising status quo at the bi-monthly review today on expectations of softening price rise, but changed the policy stance to "calibrated tightening" from "neutral".
Loans to get costlier as RBI hikes repo rate again
India

Loans to get costlier as RBI hikes repo rate again

The RBI today increased repo rates by 25 basis points to 6.5%, the second hike in two months, making housing and automobile loans costlier.
RBI may soon introduce its own digital currency
Business

RBI may soon introduce its own digital currency

The Reserve Bank of India announced on Thursday that it might introduce a central bank digital currency.
RBI holds repo rate at 6%
India

RBI holds repo rate at 6%

In the first bi-monthly monetary policy review of 2018-19, the RBI's monetary policy committee (MPC) has kept repo rates unchanged at 6%,
Ahead of RBI policy meet, Sensex rises nearly 100 points
Business

Ahead of RBI policy meet, Sensex rises nearly 100 points

The BSE Sensex rose nearly 100 points in opening trade on Wednesday ahead of Reserve Bank of India's monetary policy review that begins today.

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