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      BWR approved by RBI for Bank Risk-Weighting Claims

BWR approved by RBI for Bank Risk-Weighting Claims

Bengaluru (Karnataka) [India], July 16: The Reserve Bank of India (RBI) has permitted banks to use the ratings of...

      
      RBI mandates banks to set up committees for inspection of fraud cases

RBI mandates banks to set up committees for inspection of fraud cases

As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed show-cause...


      
      SBI raises lending rates by 5 to 10 bps, new loans to cost more

SBI raises lending rates by 5 to 10 bps, new loans to cost more

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based Lending Rate...

      
      ED raids 8 locations linked to Jyoti Power Corp in bank fraud

ED raids 8 locations linked to Jyoti Power Corp in bank fraud

Enforcement Directorate (ED) carried out search operations under the Prevention of Money Laundering Act (PMLA)...

      
      India can become world's 2nd largest economy by 2031: RBI DG

India can become world's 2nd largest economy by 2031: RBI DG

India can become the second largest economy by 2031 and the largest economy in the world by 2060, said Michael...


      
      Jio Financials gets RBI nod to become Core Investment Company

Jio Financials gets RBI nod to become Core Investment Company

Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment...

      
      '12.5 cr jobs created under Modi govt; 2.9 cr under UPA rule'

'12.5 cr jobs created under Modi govt; 2.9 cr under UPA rule'

Lauding the findings of State Bank of India (SBI) report,Union Minister Hardeep Singh Puri said that only 2.9...


      
      SBI Caps report highlights optimistic outlook for the Indian econ

SBI Caps report highlights optimistic outlook for the Indian econ

State Bank of India (SBICAPS) report titled "Indian Economy: Maintaining Momentum on a Deteriorating Global Pitch"...

      
      The government will continue on the path to fiscal consolidation

The government will continue on the path to fiscal consolidation

The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs...

      
      Bank credit in FY25 is likely to be between 13-15 pc

Bank credit in FY25 is likely to be between 13-15 pc

The capital market activity in June was marked by lower G-Sec supply and increased Foreign Portfolio Investor (FPI)...

      
      Government should devise alternative mechanisms of MSP

Government should devise alternative mechanisms of MSP

Amid demands of a legal guarantee for minimum support price (MSP) for agriculture produce, a recent research report...

      
      India doubts credibility of Citigroup report on employment

India doubts credibility of Citigroup report on employment

The central government on Monday strongly refuted the recent Citigroup report put out on the state of employment...

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