Gold Siilver Reports (GSR) – Future Retail Gains After RBI Increases FII Limit — Shares of the hypermarket operator rose as much as 2.9 percent to Rs 544.95
RBI
RBI Discontinues Letters Of Undertaking For Trade Credit For Imports
Gold Silver Reports – RBI Discontinues Letters Of Undertaking For Trade Credit For Imports – The Reserve Bank of India today decided to discontinue issuance of letters of undertaking (LoU) and letters of comfort (LoC) for trade credit for imports into India.
RBI Initiates Special Audit Of State-Run Lenders With Focus On Trade Finance
Gold Silver Reports (GSR) – RBI Initiates Special Audit Of State-Run Lenders With Focus On Trade Finance – Rattled by spate of banking frauds, RBI has initiated specialaudit of state-owned lenders withfocus on trade financingactivities, especially relating to issuance of letters of undertakings (LoUs) by them, banking sources said.
सिक्कों पर RBI सख्त, बैंकों से कहा : सिक्के लेने से मना करने पर होगी कड़ी कार्रवाई
Gold Silver Reports – सिक्कों पर RBI सख्त, बैंकों से कहा : सिक्के लेने से मना करने पर होगी कड़ी कार्रवाई – देशभर में सिक्कों को लेकर आम लोगों को हो रही परेशानी के मद्देनजर रिजर्व बैंक ऑफ इंडिया (आरबीआई) ने एक बार फिर बैंकों को चेताया है. रिजर्व बैंक ने बैंकों को कड़ी चेतावनी देते हुए कहा है कि सिक्का जमा लेने से मना करने पर काईवाई होगी.
RBI Monetary Policy Today: What to Watch out For
Gold Silver Reports (GSR) – RBI Monetary Policy Today: What to Watch out For — After two days of deliberations, the Reserve Bank of India’s six-member monetary policy committee is scheduled to announce its policy decision at 2:30pm on Wednesday. While the committee is likely to keep the policy rates unchanged, it is expected to highlight the risks to its policy trajectory from rising inflation and higher fiscal slippage.
Sensex, Nifty Close Lower as RBI Decision Awaited
Gold Silver Reports – The BSE Sensex and NSE Nifty closed marginally lower on Tuesday as traders are cautious ahead of the Reserve Bank of India’s policy decision on Wednesday. The Nifty PSU Bank rose 1.37% led by SBI, which was up 2.17%. On the losing side, the BSE Power fell 1.06%. SBI, Bharti Airtel and Reliance Industries were the top gainers, while Hero MotoCorp, Wipro and Tata Steel were among the major losers.
RBI Cuts Printing order for New Currency Notes as Vaults Crammed with Old Ones
Gold Silver Reports – The Reserve Bank of India (RBI) has reduced its order for printing new currency notes in the current fiscal year to the lowest in five years for lack of space in the currency chests of the central bank and commercial banks, two people familiar with the matter said.