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ED seizes FDs, gold worth Rs 7.6 crore from accused who defrauded USD 400,
Updated : 1 year, 9 months ago IST
As per the FIR, the accused persons contacted the victim and convinced her to transfer the investments held in a bank to a crypto currency account, claiming that the existing account was not safe.
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Sensex touches all-time high, Nifty up 2 per cent on announcement of PM Mo
Updated : 1 year, 9 months ago IST
Indian markets continued their upward trend and Sensex touched all-time high after the Reserve Bank of India (RBI) announced on Friday that it would keep policy rates unchanged at 6.5 percent and Narendra Modi will again take oath of Prime Minister of India.
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RBI says India's banking sector is sound and resilient, Gross NPA is below
Updated : 1 year, 9 months ago IST
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
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Non-Metro Banking Customers Prioritize Insurance and Transparency While Me
Updated : 1 year, 9 months ago IST
Bengaluru (Karnataka) [India], June 7: Banking customers in metros and non-metros increasingly expect complimentary offers and value-added services as part of their premium savings accounts, whereas higher insurance coverage is important in non-metros, as per a survey conducted among premium
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RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5
Updated : 1 year, 9 months ago IST
The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.
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RBI Governor Shaktikanta Das to announce monetary policy amid inflation co
Updated : 1 year, 9 months ago IST
The Monetary Policy Committee (MPC), chaired by Governor Das, has been convening in Mumbai this week to deliberate on key policy decisions amidst a challenging economic landscape.
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Muthoot Microfin and SBI sign co-lending agreement to empower women entrep
Updated : 1 year, 9 months ago IST
Muthoot Microfin has entered into a Co-lending agreement with the State Bank of India (SBI) to empower women entrepreneurs, the company informed the exchange in a filing on Thursday.
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European Central Bank cuts key interest rates, first since 2019
Updated : 1 year, 9 months ago IST
The European Central Bank (ECB) cut the key interest rates for the first time in five years on Thursday. It reduced three key policy rates by 25 basis points (100 basis points is equal to 1 percentage point).
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SEBI warns ICICI Bank for "inappropriate" ICICI Securities delisting outre
Updated : 1 year, 9 months ago IST
Financial market regulator Securities and Exchange Board of India (SEBI) has on Thursday issued an administrative warning on the outreach undertaken by the ICICI Bank regarding the delisting of equity shares of ICICI Securities.
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Effective Methods for Calculating Interest Rates on Fixed Deposit Accounts
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], June 6: In the field of financial strategy, Fixed Deposit (FD) accounts present themselves as a steadfast and secure investment solution. The appeal of fixed returns and minimal risk positions them as the top choice for a considerable number of investors. An int
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Rate cut expected in Q3FY25, liquidity management will be a challenge for
Updated : 1 year, 9 months ago IST
This projection stands out as an exception compared to the trend observed in other emerging economies, where central bank rate actions typically mirror those of advanced economies.
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NPCI International and the Central Reserve Bank of Peru Partner to Develop
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], June 6: NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership to enable the deployment of a UPI-like real-time payments system in Peru. This collaboration marks a significant milestone, making Peru th
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