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the Reserve Bank of India (RBI) serves as the nation's central banking institution. It plays a pivotal role in formulating and implementing monetary policy to maintain economic stability.
The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...
analysts say The Reserve Bank of India's plan to buy 1.25 trillion rupees ($14.66 billion) of bonds in May will likely lower the cost of overnight interbank funds, effectively acting as a rate cut ...
India's central bank deputy governor Poonam Gupta has been assigned the monetary policy, financial market operations and ...