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Reserve Bank Of India's Monetary Policy Committee
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Reserve bank of india's monetary policy committee, Latest News
The Reserve Bank of India is India's central bank and regulatory body under the jurisdiction of Ministry of Finance, Government of India. It is responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system. It also manages the country's main payment systems and works to promote its economic development.Until the Monetary Policy Committee was established in 2016, it also had full control monetary policy in India. It commenced its operations on 1 April 1935 in accordance with the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid. Following India's independence on 15 August 1947, the RBI was nationalised on 1 January 1949.
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Business :
Tamilnad Mercantile Bank's net profit surges 11 pc in fourth quarter
Thoothukudi (Tamil Nadu) [India], April 24 : Tamilnad Mercantile Bank on Monday on Monday posted an 11 per cent ... ...
Politics :
Teachers' scam: Bank transactions of Trinamool MLA's ex-PA under CBI scanner
Kolkata, April 24 Bank transactions of Probir Kayal, the former personal assistant of the Trinamool Congress MLA Tapas ... ...
International :
India-American Ajay Banga "uniquely equipped to lead World Bank at such a critical moment": US
Washington [US], April 22 : US Department of State Principal Deputy Spokesperson Vedant Patel on Friday said US nominee ... ...
National :
Odisha: 70-year-old woman walks miles barefoot with support of broken chair to collect pension money
Nabarangpur (Odisha) [India], April 21 : A disturbing occurrence in Odisha where a 70-year-old woman was seen travelling barefoot ... ...
International :
Rana Kapoor gets bail in HDIL case, but will remain in jail
Mumbai, April 12 A Mumbai sessions court on Wednesday granted bail to Yes Bank co-founder Rana Kapoor in ... ...
Business :
Does Repo Rate pause mean good times for the real estate sector?
Delhi NCR [India], April 10 (/NewsVoir): The Reserve Bank of India (RBI) declared that the repo rate, which remains ... ...
Aurangabad :
Magic celebrates its fifth anniversary
Sixth edition of the newsletter released Chhatrapati Sambhajinagar: Marathwada for Growth and Incubation Council (MAGIC) recently celebrated its fifth ... ...
International :
China's "yuan diplomacy": A new form of debt trap
Kathmandu [Nepal], April 7 : China is aggressively trapping countries through "yuan diplomacy" in order to decrease the influence ... ...
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