Wednesday, August 15, 2018
Home News Economic

Economic

The Latest Economic News - Search for Info & Results Now

RBI hikes repo rate by 25 bps for second time in a row

RBI has increased the repo rate by 0.25%. This has increased from 6.25% to 6.50%. The meeting of the RBI Monetary Policy Committee (MPC)...

RBI may raise rates again by year-end but August

If the RBI increases the rates by 25 basis points, it would be the first time since October 2013 that the central bank has...

Indians money in Swiss Banks rises 50%

Indians money in Swiss banks have increased by 50%. By the end of 2017, there were about seven thousand crore rupees of Indians sitting...

Rupee VS Dollar: Rupee hits new record low of 69.01 against US dollar

The rupee has reached the lowest level ever since the dollar. It slipped down to 69. On Thursday, the rupee weakened 28 paise to...

RBI tells banks to migrate ATMs from Windows-XP by June 2019

The RBI has given that country's all bank hard deadline to get Windows XP out of its ATMs from June 2019. That's more than...

Chanda Kochhar go on Leave, ICICI bank appoints Sandeep Bakhshi as a new COO

ICICI Bank CEO Chanda Kochhar Videocon has gone on leave till the completion of the investigation. In the case of giving a loan of...

RBI hikes repo rate by 0.25% for the first time in 4 years

RBI has increased repo rate and reverse repo rates by 0.25% after four and a half years. The repo rate has been increased from...

Govt likely to merge IDBI, Central Bank, Bank of Baroda, Oriental Bank of Commerce,...

The Govt. is considering merging at least four state-run banks, including Bank of Baroda, IDBI Bank Ltd, Oriental Bank of Commerce and Central Bank...

Cash crunch eases, 86% ATMs are working fine

The crisis of the cash started in the country and 86% of the ATMs are working. Officials said that cash is being delivered in...

ATM cash crunch: Decreasing digital transaction causes cash crunch as per SBI, shortfall at...

According to the Central Government and the Reserve Bank, there is no shortage of cash, but according to the SBI Research Report, the reason...

Latest Updates