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Equity indices upbeat as auto, PSB stocks gain
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): Equity benchmark indices extended recovery during early hours on Tuesday as investors focussed on economic growth amid favourable cues from their global peers.
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Raghuram Rajan, Esther Duflo to advice TN government to reverse state's ec
Updated : 5 years ago IST
Chennai (Tamil Nadu) [India], June 21 (ANI): The Tamil Nadu government is planning to constitute an 'Economic Advisory Council' to the Chief Minister comprising Nobel laureates, former Reserve Bank of India governor and other economic experts from around the globe to advice the state on h
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Reliance Home Finance takes up resolution plan approved by lenders
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The board of directors at Reliance Home Finance (RHF) on Monday took note of a resolution plan approved by lenders under the Reserve Bank of India's (RBI's) prudential framework for resolution of stressed assets.
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Real GDP growth likely to be 8.7 pc in FY22: Motilal Oswal
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], June 19 (ANI): Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier.
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RBI gives nod to Centrum Financial Services for small finance bank
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): The Reserve Bank of India (RBI) on Friday decided to grant in-principle approval to Centrum Financial Services Ltd to set up a small finance bank.
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Equity indices swing down, metals stocks drag
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): Equity benchmark indices swung lower during early hours on Friday tracking mixed global cues.
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New harmonisation proposals to create level playing field for NBFCs-MFIs:
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Harmonisation guidelines proposed by the Reserve Bank of India (RBI) for non-banking finance companies and microfinance institutions (NBFCs-MFIs) are need of the hour to address diverse interpretations of regulations by multiple forms of entities,
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India, S Lanka formalise agreement on Line of Credit worth USD 100 million
Updated : 5 years, 1 month ago IST
Colombo [Sri Lanka], June 16 (ANI): Sri Lankan President Gotabaya Rajapaksa on Wednesday said that the agreement on the Line of Credit worth USD 100 million between Sri Lanka and the Export & Import Bank of India has been formalised, thus getting closer to the island country's goal of 7
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Inflation persistence vis-a-vis low growth, RBI has limited choice: SBI re
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 16 (ANI): Driven by several global and domestic factors, inflation may remain elevated in the coming months, State Bank of India's research division said on Wednesday.
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Fitch expects more sideways trading for Indian rupee
Updated : 5 years, 1 month ago IST
Singapore, June 14 (ANI): Fitch Solutions said on Monday it expects the rupee to continue trading in a range between INR72.30/USD and INR75/USD over the remainder of the year.
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RBI extends risk-based internal audit norms to HFCs
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): The Reserve Bank of India (RBI) on Friday extended risk-based internal audit (RBIA) system for housing finance companies to enhance quality and effectiveness of their internal audit system.
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RBI's third tranche of Rs 40,000 crore OMO on June 17
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 10 (ANI): The Reserve Bank of India (RBI) said on Thursday it will conduct third tranche of open market purchase of government securities and state development loans under G-sec Acquisition Programme (G-SAP 1.0).
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