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RBI expected to hold policy rate again at next review meeting: Crisil
Updated : 2 years, 10 months ago IST
The monetary policy committee of the Reserve Bank of India is expected to again hold the policy rate in the next meeting, as the central bank awaits a clearer picture on the inflation trajectory, said Crisil in a report.
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RBI issues new guidelines for fair lending practices
Updated : 2 years, 10 months ago IST
The RBI's move comes as part of its ongoing efforts to ensure that borrowers are treated fairly and to address customer grievances arising from divergent practices in the imposition of penal charges.
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RBI launches centralised web portal 'UDGAM' for unclaimed deposits
Updated : 2 years, 10 months ago IST
The Reserve Bank of India(RBI) on Thursday launched a Centralised Web Portal UDGAM (Unclaimed Deposits – Gateway to Access inforMation).
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India likely to become third largest economy by 2027: SBI chief economist
Updated : 2 years, 11 months ago IST
Soumya Kanti Ghosh, the Group Chief Economic Advisor at State Bank of India (SBI), on Tuesday reiterated India is likely to become the 3rd largest economy by 2027.
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Real Estate Developers React to RBI's Decision, Repo Rates Remain Unchange
Updated : 2 years, 11 months ago IST
Delhi-NCR [India], August 14: The Reserve Bank of India announced the latest update on Repo rates and mentioned that it would remain stable at 6.5%. After consecutive hikes leaving multiple industries in a fix, this is the third time in a row that the authorities have decided to keep the rat
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5 Tips for an easy Gold Loan application process with Bajaj Finance
Updated : 2 years, 11 months ago IST
Pune (Maharashtra) [India], August 14: A gold loan serves as a practical solution for individuals seeking immediate financial support. Gold loans offer a simple and accessible way to access funds without having to compromise on the ownership of the gold jewellery. A loan against gold jewelle
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RBI Governor pitches for global debt data sharing platform
Updated : 2 years, 11 months ago IST
Stating that high and unsustainable debt levels have severely constrained the fiscal capacity of many countries, Reserve Bank of India Governor Shaktikanta Das on Friday pitched for a global debt data-sharing platform as part of a solution.
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Indian stock indices decline on near-term inflationary concerns
Updated : 2 years, 11 months ago IST
Indian stock indices traded in the red Friday, a day after the Reserve Bank of India flagged concerns about possible inflationary pressures in the near term.
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RBI raises transaction limit for offline UPI Lite payments from Rs 200 to
Updated : 2 years, 11 months ago IST
As part of its continuous bid to deepen the reach and use of digital payments in the country, the Reserve Bank of India on Thursday proposed to enhance the per transaction limit for UPI Lite digital payments in off-line mode from Rs 200 to Rs 500.
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RBI maintains repo rate but raises inflation forecast; experts have this t
Updated : 2 years, 11 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent – for the third time in a row, something most financial market experts had expected.
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Chakr Innovation Receives Rs 18 Crore Funding Boost from EXIM Bank's Ubhar
Updated : 2 years, 11 months ago IST
New Delhi [India], August 10: In a significant development for India's environmental sustainability and technology sector, Chakr Innovation, a pioneering startup specializing in pollution reduction solutions, has secured substantial funding of INR 18 crores from the Export-Import Bank of Ind
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RBI revises inflation outlook for 2023-24, sees "substantial increase" in
Updated : 2 years, 11 months ago IST
The Reserve Bank of India has upwardly revised the country’s retail inflation projections for 2023-24 at 5.4 per cent, against 5.1 per cent it projected in its previous monetary policy meeting in June.
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