Rbi Monetary Policy

RBI allows use of RuPay pre-paid forex cards at ATMs, PoS machines and online merchants overseas

RuPay Debit and Credit cards issued by banks in India have gained international acceptance through bilateral arrangements with international partners and co-badging arrangements with international card schemes.

RBI Monetary Policy: MPC decides to keep repo rate unchanged at 6.5%

RBI Monetary Policy: Standing Deposit Facility Rate remains at 6.25%; while Marginal Standing Facility Rate and Bank Rate also unchanged at 6.75%

Key takeaways from RBI's monetary policy statement

The central bank decided to keep key benchmark policy rate at 6.5 per cent even as inflation is trending above its tolerance level

Sensex sheds early gains to close at 62,182, down 389 point

HCL Tech was the top loser in the Sensex pack, skidding 6.72 per cent, followed by Tech Mahindra, Infosys, Wipro, TCS and Reliance Industries

Sensex ends up 160 points at 62,571, Nifty closes at 18,609

After four straight sessions of fall equity benchmark indices ended in green as riding on the BJP victory in the crucial state of Gujarat

Sensex, Nifty flat in early trade ahead of Gujarat, Himachal poll results

Sensex rose marginally by 28.87 points to 62,439.55. Nifty of the National Stock Exchange was slightly up 8.60 points

Sensex falls 215 points, Nifty ends at 18,560 due to volatile trade post RBI rate hike

NTPC was the top loser in the Sensex pack, shedding 2 per cent, followed by Bajaj Finserv, IndusInd Bank, Tata Steel, Reliance Industries and Sun Pharma

RBI monetary policy: Repo rate hiked by 50 bps to 5.4%, back to pre-pandemic levels

Announcing the RBI monetary policy review, Governor Shaktikanta Das said that the FY23 GDP growth forecast has been retained at 7.2 per cent

RBI retains GDP growth forecast at 7.2% for current fiscal, cautions against negative spillovers

Announcing the third monetary policy of 2022-23, RBI Governor Shaktikanta Das said the available information for April and May 2022 indicates that the recovery in domestic economic activity remains firm, with growth impulses getting increasingly broad-based

EMIs to rise after RBI hikes key interest rate by 50 bps

Today's increase of 50 basis points comes within five weeks after the RBI in early May hiked 40 basis point during an unscheduled meeting that kicked off the central bank's tightening cycle