Search For "banks"
Indian stocks rally on a day RBI raises repo rate
Updated : 3 years, 1 month ago IST
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
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Has taken number of steps to strengthen resilience of Indian banks: RBI Gu
Updated : 3 years, 1 month ago IST
While addressing the queries of the media during a press conference after the announcement of the Monetary Policy's outcome, he said RBI has taken a number of steps to strengthen the resilience of Indian banks and it has set guidelines on risk management committees and made it mandatory to a
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RBI expected to remain cautious with focus on achieving full growth potent
Updated : 3 years, 1 month ago IST
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
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Eight banks participated in digital currency project: RBI Deputy Governor
Updated : 3 years, 1 month ago IST
T Rabi Sankar said that there are currently over 50,000 retail central bank digital currency (CBDC) users in India.
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Banks' risks from Adani Group exposure limited but may increase: Moody's
Updated : 3 years, 1 month ago IST
Moody's Investors Service has said banks' exposures to Adani Group are not large enough to affect their credit quality materially but it has cautioned that the exposure may increase in case the conglomerate becomes more reliant on bank loans.
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Pismo and Drona Pay to boost security in digital payments
Updated : 3 years, 1 month ago IST
Bangalore (Karnataka)/ Mumbai (Maharashtra) [India], February 7 (ANI/PRNewswire): Fraud management has become a massive headache for banks and fintechs worldwide. As digital payments become more popular, projected to grow 12 per cent, reaching USD 14.8 trillion by 2027, payment frauds are a
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Congress gives suspension of business notice in RS to discuss issue of inv
Updated : 3 years, 1 month ago IST
The Congress MP demanded a discussion on "the issue of investment by LIC, Public Sector Banks and financial institutions in companies losing market value, endangering the hard-earned savings of crores of Indians."
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Invest in the highest-rated NBFC, Bajaj Finance - FD Rates up to 8.10 per
Updated : 3 years, 1 month ago IST
Pune (Maharashtra) [India], February 6 (ANI/NewsVoir): Given the current market scenario and volatility, investing in a fixed-income instrument that gives profitable returns is a smart call. This not only diversifies your investments but also safeguards them from risk. Mitigating risk is an
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Congress MP Pramod Tiwari moves Suspension of Business notice in Rajya Sab
Updated : 3 years, 1 month ago IST
It is being argued by the opposition parties that the investment of the Adani group in public sector banks such as the SBI and LIC has had a big impact on the savings of the middle class.
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No proposal to advise banks to provide cheap loans for electric vehicle pu
Updated : 3 years, 1 month ago IST
There is no proposal under consideration in the Ministry of Road Transport and Highways to advise banks to provide cheap loans for the purchase of clean energy vehicles, Union minister Nitin Gadkari informed parliament.
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Cancer patients rising due to drinking arsenic-rich water in Bihar village
Updated : 3 years, 1 month ago IST
Uttar Pradesh, Bihar, Maharashtra and West Bengal are the four states which are receiving more than one lakh cancer cases annually. Cancer deaths are also highest in these states. In the year 2022, Bihar ranked fourth among the states of the country in terms of deaths.
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Banking sector remains resilient, stable: RBI
Updated : 3 years, 1 month ago IST
The central bank said it remains vigilant and continues to monitor the stability of the Indian banking sector.
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