The Reserve Bank of India on Thursday cut interest rates by 25 basis points in its latest credit policy for the third time this year. It also signalled the possibility of more rate cuts as it looks to support a sagging Indian economy.
Tag: RBI
Indian diaspora seeks PM Modi’s intervention in exchanging demonetised currency
Indian diaspora faced problems in exchanging their demonetised currency at RBI and has demanded the Indian Prime Minister Narendra Modi’s intervention in solving their woes.
NRIs must show old notes to Customs during airport arrival
NRIs and Indians returning from overseas would have to physically show the Rs 500 and Rs 1000 notes to Customs at the airport and get a declaration form stamped before depositing the demonetised currency in the Reserve Bank of India.
More NRIs expected at PBD 2017 following RBI’s extended deadline for note exchange
The Indian government try to bring in more Pravasi (NRIs) to India. The Reserve Bank of India (RBI) has extended the deadline of exchanging defunct notes up for Indian diaspora.
Bad loans remain a concern for India despite all-round reforms
India News: Bad loans remain concern for India despite all-round reforms- Economic Affairs Secretary Shaktikanta Das.
