-Livemint.com/ Bloomberg Foreign exchange reserves dropped by $5.14 billion in the seven days ended October 12, the biggest weekly decline since November 2011, as the RBI stepped up action to prop up the rupee Mumbai: India made the biggest dent in its foreign exchange reserves in seven years as the central bank stepped up action to prop up Asia’s worst-performing currency. Reserves dropped by $5.14 billion in the seven days ended October 12,...
More »SEARCH RESULT
Total Matching Records found : 648
How have house prices changed in your city? -Varun B Krishnan
-The Hindu Housing prices have increased in the first quarter of 2018-19 compared to the same period in 2017-18, according to the Reserve Bank of India's latest House Price Index (HPI) release. HPI is an indicator of change in housing prices. This means that if the HPI has increased, house prices have increased on an average, and vice versa. It takes into account the average price of houses per square metre, size...
More »SC to RBI: Reply to plea over banks not passing on rate cuts -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court asked the Reserve Bank of India on Monday to break its 10-month silence and reveal its decision on complaints that banks do not reduce floating interest rates on existing loans for buying homes, vehicles or consumer durables proportionate to its repo rate cuts (rate at which RBI lends money to banks). Petitioner ‘MoneyLife Foundation’ told the court that it wrote to RBI last...
More »Fiscal deficit in April-August at 94.7% of govt's annual target -Asit Ranjan Mishra
-Livemint.com India’s fiscal deficit touched 94.7% of the budgeted target during the April-August period while revenue deficit crossed the budget estimate at 113.8% in the same period New Delhi: Despite a substantial increase in transfer of surplus by the Reserve Bank of India (RBI) to the government, India’s fiscal deficit touched 94.7% of the budgeted target during the April-August period while revenue deficit crossed the budget estimate at 113.8% in the same...
More »Returning torn Rs 200, Rs 2,000 notes may get only half their value! Here's what new RBI rules say
-BusinessToday.in The earlier rules for exchanging damaged currency notes did not apply to Rs 200 and Rs 2,000, and the notes released under the Mahatma Gandhi series due to their smaller sizes. While exchanging a damaged Rs 2,000 or Rs 200 note, you may get nothing or only half their value in refund depending on how badly the note is mutilated or soiled. The Reserve Bank of India has amended its guidelines...
More »
