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Industry hails RBI's Monetary policy decisions
Updated : 2 years, 3 months ago IST
Industry welcomes Reserve Bank of India decisions in its first monetary policy report of FY 25. One of the key highlights of the report is the RBI's decision to maintain the repo rate at its current level, a move that has been widely applauded by industry leaders.
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Why Digital Literacy Matters, & How It Can Be Cultivated In Classrooms
Updated : 2 years, 3 months ago IST
New Delhi [India], April 5: In a world where everything seems to operate online, from school assignments and job applications, to banking and everything in between, it's safe to say that digital literacy is no longer a luxury but a necessity. Unlike the '90s or early 2000s where smartphones
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Bank fraud case: ED attaches Rs 40.37 crore of Vikram Homes Pvt Ltd linked
Updated : 2 years, 3 months ago IST
The Enforcement Directorate (ED) attached worth Rs 40.37 crore of Vikram Homes Pvt Ltd in a bank fraud case related to Rakesh Wadhawan and Sarang Wadhawan, promoters of Housing Development Infrastructure Ltd (HDIL) and others linked to one Mack Star Marketing Pvt Ltd.
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Wheat price won't be affected, vegetable needs to be watched out: RBI Gove
Updated : 2 years, 3 months ago IST
Reserve Bank of India Governor Shaktikanta Das has said that the heatwave predictions in the coming months won't impact wheat prices, but the impact on vegetable prices needs to be watched out.
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North East Small Finance Bank Appoints Ex-Navi Exec, Samit Shankar Shetty,
Updated : 2 years, 3 months ago IST
Guwahati (Assam) [India], April 5: North East Small Finance Bank (NESFB) is delighted to announce the appointment of Samit Shankar Shetty and Parvez Mulla as Independent Directors to its esteemed Board. With over two decades of experience each, in scaling and managing financial institutions,
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RBI proposes cash deposits through UPI; widens digital currency for retail
Updated : 2 years, 3 months ago IST
The Reserve Bank of India has proposed the idea of depositing cash in Cash Deposit Machines (CDMs) using UPI mechanism, in what could be another boost to already widely recognised technology.
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RBI keeps repo rates unchanged at 6.5 pc after first Monetary Policy meeti
Updated : 2 years, 3 months ago IST
This is the seventh consecutive meeting that the MPC has maintained a status quo on the repo rate. The repo rate, is the interest rate at which banks draw funds from RBI to overcome short-term liquidity mismatches.
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RBI Monetary Policy Meeting: Central Bank likely to keep rates steady
Updated : 2 years, 3 months ago IST
The first Monetary Policy Committee (MPC) meeting of financial year 2025 will be held on Friday, and the Reserve Bank of India is unlikely to cut rates.
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World Bank allocates USD 16 million to support women-led businesses in Afg
Updated : 2 years, 3 months ago IST
In Afghanistan, women's interest in trade and business has grown as a result of limitations on their access to education and employment.
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Hema Malini eyes a third term in Parliament from Mathura
Updated : 2 years, 3 months ago IST
People of Mathura consider Hema Malini, who is the wife of actor Dharmendra Deol, as Jat's daughter-in-law. Mathura, situated on the banks of Yamuna, is a Jat-dominated area with about 35 per cent Jat voters.
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UAE: Banking sector sees AED 25 billion surge in new savings deposits over
Updated : 2 years, 3 months ago IST
Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted around AED 25 billion to reach AED270.48 billion at the end of January 2024, compared to about AED USD 245.54 billion in January 2023, with an annual growth of 10.2 per cent, according to the latest stat
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ED attaches 10 immovable properties of Nava Bharat Press, Bhopal worth ove
Updated : 2 years, 3 months ago IST
Directorate of Enforcement (ED), Bhopal has provisionally attached 10 immovable properties located in Satna and Sehore in Madhya Pradesh worth Rs. 2.36 Crore on March 30, 2024 under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in the case of Nava Bharat Press (Bhopal) Pv
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