FinanceNews Archives - Universal Group Of Institutions
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12Nov 2024

RBI Introduces Rules for FPI Reclassification as FDI

Why in the news? RBI has rolled out new guidelines requiring FPIs to seek government approval if their stake in Indian companies exceeds 10%, amid increased scrutiny of foreign investments. About the New RBI Rules for FPI and FDI Classification: The Reserve Bank of India (RBI) introduced updated rules to guide foreign portfolio investors (FPIs) …

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10Oct 2024

RBI Maintains Interest Rate, Signals Possible Cuts Ahead

Why in the news? The RBI keeps the interest rate at 6.5% but shifts to a “neutral” stance, indicating potential rate cuts amid balanced inflation and growth parameters. RBI Maintains Interest Rate Current Rate: The Reserve Bank of India (RBI) has kept the benchmark interest rate at 6.5% for the tenth consecutive monetary policy review. …

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