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The median forecast is for a 25 basis points increase in the repurchase rate to 6.5% on Wednesday, after RBI Governor Das pointed to sticky core inflation. The hiking cycle has already brought 225 ...
The organisation will be set up as a not-for-profit company under the Companies Act, and the RBI will have the right to clear appointments of “important positions” in the SRO’s governing body.
The Reserve Bank on Thursday issued final guidelines, including the framework, to set up a self-regulatory organisation for payment system operators as part of its payment and settlement systems ...
PTI | By HT Correspondent, Mumbai Oct 28, 2007 10:47 AM IST ...