Search For "bank of india"
Amidst Tariff challenges, RBI revises growth expectation from 6.7 % to 6.5
Updated : 11 months, 2 weeks ago IST
India's real GDP is revised downwards to grow at 6.5 per cent in the current financial year 2025-26 from earlier expectation of 6.7 per cent, highlighted Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on Wednesday.
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EnKash Secures Prestigious PPI License, Strengthening Its Leadership in Co
Updated : 11 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], April 9: EnKash, India's pioneering spend management and payments platform, has secured the coveted Prepaid Payment Instrument (PPI) license from the Reserve Bank of India (RBI). Since 2020, EnKash has been the only fintech to significantly scale the corporate c
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WPI inflation likely eased to 2.1% in March on lower food, fuel prices: Un
Updated : 11 months, 2 weeks ago IST
Wholesale Price Index (WPI) inflation is expected to ease to 2.1 per cent year-on-year in March 2025, down from 2.4 per cent in February, mainly due to a seasonal decline in food prices, according to a report by Union Bank of India.
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RBI's Monetary Policy decision today; Governor to announce policy rates at
Updated : 11 months, 2 weeks ago IST
The Reserve Bank of India's Monetary Policy Committee (MPC) is set to announce its decision on the policy rates on Wednesday.
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Conducive conditions for a 25 basis point cut in April, 5.50 per cent repo
Updated : 11 months, 3 weeks ago IST
The Reserve Bank of India's (RBI) repo rate is expected to drop by 25 basis points (bps) to 6.00 per cent after the ongoing Monetary Policy Committee (MPC) meeting, according to Goldman Sachs.
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RBI named most innovative financial institution globally by Global Finance
Updated : 11 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has been recognised as the Most Innovative Financial Institution globally in Global Finance's prestigious 2025 Innovators list, the central bank said in a post on X.
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India's inflation may stay below 4% in first half of FY26: SBI Report
Updated : 11 months, 3 weeks ago IST
The inflation in India may remain below 4 per cent in the first half of the financial year 2025-26 (FY26), says a report by State Bank of India (SBI).
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Amid tariff pressure, 50 bps rate cut by RBI on April 9 can be a good pre-
Updated : 11 months, 3 weeks ago IST
As global markets continue to see a sharp decline, several economists are urging the Reserve Bank of India (RBI) to take stronger steps in its upcoming monetary policy meeting.
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RBI MPC meeting to begin today, SBI report expects 25 bps cut on April 9 a
Updated : 11 months, 3 weeks ago IST
The Reserve Bank of India (RBI) is set to hold its next Monetary Policy Committee (MPC) meeting from Monday, April 7 to Wednesday, April 9 in Mumbai.
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SBI report urges India to expand PLI scheme as Trump announces reciprocal
Updated : 11 months, 3 weeks ago IST
India should strengthen its Production Linked Incentive (PLI) schemes in light of growing global trade competitiveness, especially after U.S. President Donald Trump announced reciprocal tariffs on several countries, including India, according to a report by State Bank of India (SBI).
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Public Sector Banks Embrace AI-driven Debt Collection with Spocto X, Boost
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], April 3: Public Sector Banks (PSBs) are rapidly embracing AI-powered digital solutions to revolutionize debt collections, driven by the urgent need to reduce Non-Performing Assets (NPAs) and enhance recovery outcomes. Leading this transformation is Spocto X-a Yu
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Around 50% of Mudra accounts belong to SC, ST and OBCs; boosting financial
Updated : 11 months, 3 weeks ago IST
The Pradhan Mantri Mudra Yojana (PMMY) is boosting financial independence among marginalized groups as nearly 50 per cent of the 52 crore PMMY accounts belong to individuals from Scheduled Castes (SC), Scheduled Tribes (ST), and Other Backward Classes (OBC), says a report by State Bank of In
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