Reserve Bank of India
Stock market outlook: Nifty has support at 10138, below which index may see selling towards 9950
Mon, Oct 22, 2018
Post a breather in the earlier week, the 50-share Nifty resumed its decline last week with a loss of 1.61% to close at 10303. The mid and small cap indices lost 1.38% and 0.50%, respectively during the week.
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RBI opens banking tap to ease liquidity crunch at NBFCs: Assocham
Sun, Oct 21, 2018
Industry body Assocham Saturday hailed the Reserve Bank's decision to incentivise banks to enhance their lending to non-banking finance companies (NBFCs), saying the step will help them in tackling liquidity crunch.
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Your e-wallet account just got this massive boost; check benefits
Thu, Oct 18, 2018
E-wallet companies will now give competition to banks with Reserve Bank of India allowing them to use the Unified Payment Interface (UPI) besides issuing prepaid debit cards such as Rupay, Visa, and Mastercard.
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Data localisation row: Mohandas Pai says payments data will be safe if stored in India
Tue, Oct 16, 2018
Former Infosys CFO and multiple investor T V Mohandas Pai Tuesday said the debate on data localisation should end in view of the Supreme Court's ruling that fundamental rights include the right to privacy and digital data.
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Bandhan Bank gets this exemption from Sebi
Sat, Oct 13, 2018
On Friday, Bandhan Bank said it has received an exemption from the Securities and Exchange Board of India (Sebi) with respect to lock-in of one year on the equity shares held by the promoter and eligibility condition of one year from listing in order to comply with licensing condition.
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Market preview: Nifty forms bearish candle; support levels seen at 10180-9950, resistance at 10450-10600
Mon, Oct 08, 2018
The equity market witnessed the worst week in last two years previous week as the indices tumbled like a pack of cards. The Nifty plunged 5.62% last week and closed at the lowest level of 10316.
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RBI Monetary Policy Review: Why key rate was not hiked by Urjit Patel led MPC
Fri, Oct 05, 2018
The Reserve Bank of India (RBI) announced its fourth bi-monthly monetary policy review statement today, keeping the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent.
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How RBI scared Sensex, rupee virtually to death: 10 reasons why
Fri, Oct 05, 2018
Almost every analyst had predicted a repo rate hike to be announced by the RBI Governor Urjit Patel led MPC. While 50 bps hike was bandied about, what was mostly expected was a 25 bps hike. Instead, RBI shocked with an announcement of a status quo at 6.50%!
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India Services PMI: Slackening demand drags activity to four-month low in Sept
Thu, Oct 04, 2018
Activity in India`s dominant services sector eased to a four-month low in September on dwindling demand, while intensifying price pressures pointed to a bumpy road ahead, a private survey showed on Thursday.
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RBI set to hike repo rate again as Indian rupee slide accelerates
Thu, Oct 04, 2018
The Reserve Bank of India (RBI) is expected to raise rates for a third time since June on Friday to combat inflationary pressures as it grapples with a weakening rupee, surging oil prices and market instability sparked by a major non-bank finance firm`s defaults.
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India pumps in liquidity; bonds see profit-taking after initial rally
Mon, Oct 01, 2018
On Monday, The Reserve Bank of India (RBI) said it would pump 360 billion Indian rupees ($4.95 billion) into money markets in October, pledging to buy back government bonds as part of a bid to quell fears of a credit crunch cascading through the economy.
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