Banks general
RBI sets up rupee payment mechanism for global trade
18 Jul 2022
The rupee payment mechanism is intended to promote growth of exports from India and to support the increasing interest of global trading community in the Indian currency, RBI stated
RBI hikes repo rate by 50 bps to 4.90% as inflation starts to bite
08 Jun 2022
RBI said it would remain focused on withdrawal of an accommodative monetary policy to ensure that inflation remains within the target going forward, while supporting growth
HDFC Bank Q4 net vaults over 10% to Rs10,055 cr
18 Apr 2022
Net interest income (NII) of Rs18,872.70 crore, for the quarter ended 31 March 2022, was up 10.24 per cent year-on-year and up 2.3 per cent sequentially
RBI keeps repo rate unchanged, launches SDF to absorb excess liquidity
09 Apr 2022
Simultaneously, RBI announced the activation of the Standing Deposit Facility (SDF), which will help the central bank absorb liquidity (deposits) from commercial banks without giving government securities in return to the banks
HDFC Q2 net profit up 32% at Rs3,780.5 cr
05 Nov 2021
RBI keeps policy repo rate unchanged at 4%
11 Oct 2021
RBI said it would continue an accommodative monetary policy while keeping the objective of achieving the medium-term target for consumer price index (CPI) inflation within the 4 (+/-) 2 per cent band
RBI keeps policy repo rate unchanged at 4%
09 Aug 2021
RBI has injected additional liquidity of Rs40,000 crore in Q2 of 2021-22 so far under the secondary market government securities acquisition programme and will be conducting open market purchase of G-secs of Rs25,000 crore on 12 August 2021 to address liquidity concerns
India emerges 5th largest forex reserves holder with $608.99 bn of foreign currency holding
19 Jul 2021
HDFC Bank Q1 net profit up 16.1% at Rs7,729.6 cr
19 Jul 2021
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