Search For "bank of india"
RBI's retail pilot of the digital rupee goes live in India's 4 metro citie
Updated : 3 years, 3 months ago IST
New Delhi [India], April 7 (ANI/PNN): As expected, the pilot for the retail digital rupee was launched in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, 2022. The retail digital rupee project started in a closed user group with the participation of four leading lenders, includin
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Here's how experts reacted to RBI keeping repo rate unchanged after 250 bp
Updated : 3 years, 3 months ago IST
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent, to assess the effects of the policy rate tightening done so far.
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Indian stock markets shut today for Good Friday
Updated : 3 years, 3 months ago IST
Indian stock markets will remain shut today on account of Good Friday. The usual trade will resume next week.
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RBI applies brake on repo rate hike; here's what analysts have to say
Updated : 3 years, 3 months ago IST
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent.
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Headline inflation moderating but remains above targets of central banks:
Updated : 3 years, 3 months ago IST
He said the banking and non-banking financial service sectors in India remained healthy and financial markets evolved in an orderly manner
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Calculate your returns before investment with Bajaj Finance FD calculator
Updated : 3 years, 3 months ago IST
Pune (Maharashtra) [India], April 6 (ANI/NewsVoir): A fixed deposit is a type of savings account offered by banks, post offices and NBFCs where you can deposit money for a fixed period at a fixed rate of interest. Investing in a fixed-income instrument like an FD helps in growing wealth over
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RBI decides to keep repo rate unchanged at 6.5 pc
Updated : 3 years, 3 months ago IST
Five out of six members of MPC voted to remain focused on withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike
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Sensex opens with losses; investors wait for RBI's rate hike decision
Updated : 3 years, 3 months ago IST
BSE's 50-share Sensex lost 86 points to 59,603.20 while NSE's Nifty dipped 25 points to 17,532.15 during the morning trade on Thursday.
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J&K sees highest-ever inflow of Rs 9,000 crore under Central Sponsored
Updated : 3 years, 3 months ago IST
It also came to fore that during 2021-22, the total amount received by the UT under CSS was Rs 7,655 crore which got enhanced to Rs 8,938 crore during 2022-23, registering a growth of nearly 15 per cent for the recently concluded financial year.
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Payment Aggregator Paysharp raised funding of 10.5 crore
Updated : 3 years, 3 months ago IST
Chennai (Tamil Nadu) [India], April 5 (ANI/PNN): Paysharp, incorporated in 2019 by Krishna Kumar Mani and Sathish S, provides enterprise-grade payment solutions business, a solution including complete UPI solutions and other payment collection solutions. The startup Paysharp also received th
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Indian stocks in green ahead of RBI monetary policy outcome
Updated : 3 years, 3 months ago IST
Indian stock indices extended their gains, though marginally, on Wednesday as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting -- the first in 2023-24 which started Monday.
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India stands out as fastest-growing economy, but RBI should halt any more
Updated : 3 years, 3 months ago IST
ASSOCHAM President Ajay Singh said, "Though India remains the fastest-growing nation amongst the major economies, growth is uneven even as the global headwinds from volatile energy prices, geo-political developments and threat of recession in major economies need to be watched with an abunda
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