Focus more on mobilising deposits: Govt, RBI to banks
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Focus extra on mobilising deposits: Govt, RBI to banks

[ad_1] NEW DELHI: Govt and RBI on Saturday requested banks to sharpen give attention to deposit mobilisation, by deploying revolutionary instruments and tackling competitors from different funding merchandise, whereas refusing to step in with coverage interventions. RBI has expressed concern over lending progress being sooner than the rise in ... Read more
RBI keeps repo rate unchanged for 9th time in a row at 6.5%
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RBI retains repo fee unchanged for ninth time in a row at 6.5%

[ad_1] MUMBAI: Reserve Financial institution of India governor Shaktikanta Das on Thursday introduced the financial coverage committee’s determination to maintain charges on maintain for the ninth consecutive time, citing robust demand and the necessity to preserve inflation’s declining trajectory.“The MPC determined by a majority of 4:2 to maintain the ... Read more