Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Adani Group's largest lender State Bank of India has an exposure of Rs 27,000 crore to the group.
Bharti Airtel's market valuation declined by ₹17,373.86 crore to ₹4,25,982.59 crore and that of State Bank of India dipped ₹490.85 crore to ₹5,35,521.33 crore.
Designed by the National Payments Corporation of India (NPCI), UPI LITE was launched by the Reserve Bank of India in September 2022.
Source: https://www.dailyexcelsior.com/paytm-payments-bank-becomes-first-to-launch-upi-lite-feature/
However, in a bid to internationalise the Indian currency, the Reserve Bank of India on July 11, 2022 allowed importers to pay with rupees and exporters be paid in rupee.
Source: https://indianexpress.com/article/business/no-takers-for-rupee-payment-for-oil-imports-9080960/
India on Saturday moved a step closer to increasing circulation of the rupee in the Gulf region with the signing of two memoranda of understanding (MoU) between the Reserve Bank of India and the Central Bank of the United Arab Emirates.
In early March, Minister of State for Finance Bhagwat Kishanrao Karad informed the Rajya Sabha that the Reserve Bank of India (RBI) has put in place the mechanism for rupee trade settlement with as many as 18 countries.
Source: https://www.thehindubusinessline.com/opinion/perils-of-trading-globally-in-rupee/article66824402.ece
ITC’s mcap went up by Rs 4,722.65 crore to Rs 4,81,274.99 crore and that of State Bank of India gained Rs 3,792.96 crore to Rs 4,71,174.89 crore.
It has been a routine activity for the Reserve Bank of India to identify certain banks as domestic systemically important banks (D-SIBs).
It is a fact that remittances under LRS have increased multi-fold in the last few years, and as per data published by the Reserve Bank of India (RBI), LRS remittances which were Rs 0.9 trillion in FY2019, crossed Rs 2 trillion in FY2023.
Last week, Reserve Bank of India (RBI) Governor Shaktikanta Das said CPI for May could be even lower than the April print.
New Delhi: The Reserve Bank of India on Tuesday issued revised classification, valuation and operation guidelines for the investment portfolio of commercial banks, which will be effective from April 1, 2024.
Source: https://pragativadi.com/rbi-issues-revised-norms-for-investment-portfolio-of-commercial-banks/
Primary market issuances of corporate bonds jumped to ₹3.9-lakh crore during H2 (second half) of FY23 (up to February 2023) from ₹2.5-lakh crore during the corresponding period of 2021–22, according to the Reserve Bank of India.
Retail inflation spiked to 7.44% in July, the highest since April 2022, from 4.87% in the previous month, while liquidity stayed in deficit through last week after the Reserve Bank of India mandated banks to maintain additional cash reserve ratio.
Sun Pharma, NTPC, State Bank of India, IndusInd Bank and Axis Bank were the major gainers.
The discussion comes as the Reserve Bank of India said in a report that even as global growth is set to weaken in 2023, the Indian economy may not slow down and is likely to maintain the pace of expansion witnessed in 2022-23.
The discussions during the meeting will be jointly steered by Ministry of Finance and Reserve Bank of India along with France and South Korea who are co-chairs of the International Financial Architecture Working Group.
Source: https://www.dailyexcelsior.com/india-undeniably-a-global-powerhouse-says-south-korea/
The Export-Import (Exim) Bank of India has forecast India’s total merchandise exports to touch $111.2 billion, a year-on-year growth of 6.3 per cent, during the October-December quarter (Q3) of FY2024.
Source: https://indianexpress.com/article/business/exports-to-rise-by-6-3-per-cent-in-q3-exim-bank-9020680/
The government had selected State Bank of India (SBI) Managing Director Swaminathan Janakiraman as a Deputy Governor of the Reserve Bank of India in June.
Source: https://indianexpress.com/article/business/govt-begins-search-for-irdai-members-in-advance-8842707/
The government had selected State Bank of India (SBI) Managing Director Swaminathan Janakiraman as a Deputy Governor of the Reserve Bank of India in June.
Source: https://indianexpress.com/article/business/govt-begins-search-for-irdai-members-in-advance-8842707/
The group is set to propose the change to the Reserve Bank of India and government officials in coming days.