Wed, Aug 02, 2017
Reserve Bank of India (RBI) in its bi-monthly monetary policy review slashed repo rate and reverse repo rate by 25 basis points. The central bank projects inflation to be in range of 2-3.5% in H1FY18 and 3.5-4.5% in H2FY18
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Sun, Apr 16, 2017
He said central banking is profitable due to its unique liquidity properties and monetary liabilities coupled with the large deposits it holds for commercial banks.
Thu, Aug 11, 2016
The Reserve Bank will transfer to the central government its surplus profit of Rs 65,876 crore, marginally lower than the amount given last year.
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