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RBI caps bank dividend payouts at up to 75% of profit, tightens prudential
Updated : 3 days, 13 hours ago IST
The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.
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State borrowing reach Rs 45,960 crore in the latest RBI SGS auction
Updated : 4 days, 7 hours ago IST
Among the participating states, Andhra Pradesh has raised Rs 3,000 crore through three securities with tenors of 13, 15 and 17 years. Arunachal Pradesh has raised Rs 190 crore with a 20-year tenor, while Assam has borrowed Rs 900 crore through a 15-year security. Delhi has raised Rs 1,000 cr
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CreditAccess Grameen Advances Inclusive Growth With USD 75 Million Syndica
Updated : 4 days, 9 hours ago IST
Bengaluru (Karnataka) [India], March 10: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen', or the 'Company'), the country's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has signed a syndicated social loan facility of USD 75 million, quali
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Rupee hits all-time low of 92.52 against US dollar amid surge in crude oil
Updated : 5 days, 11 hours ago IST
The Indian rupee opened at an all-time low against the US dollar on Monday amid a sharp surge in crude oil prices and rising demand for the greenback.
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Multiple states to borrow Rs 45,960 crore through RBI SGS auction on March
Updated : 1 week ago IST
The Reserve Bank of India (RBI) has announced that multiple state governments will raise a total of Rs 45,960 crore through the auction of State Government Securities (SGS), scheduled to be conducted on March 10, 2026.
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RBI to conduct Rs 1 lakh crore OMO purchase auctions in two tranches on Ma
Updated : 1 week ago IST
The Reserve Bank of India (RBI) has announced that it will conduct Open Market Operation (OMO) purchase auctions of Government of India securities worth Rs 1,00,000 crore in two tranches to manage liquidity and financial conditions.
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RBI issues draft review framework to safeguard fraudulent digital transact
Updated : 1 week ago IST
Reserve Bank of India (RBI) has issued draft Amendment Directions for 'Review of Framework of Limiting Customer Liability in Digital Transactions'.
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Finkurve Financial Services Limited (Arvog) gone live with Godrej Finance
Updated : 1 week, 1 day ago IST
Mumbai (Maharashtra) [India], March 6: Finkurve Financial services Limited (BSE: 508954 / NSE: FINKURVE), among leading Tech-first Gold Loan NBFC, announced that the Company has gone live with a strategic co lending partnership with Godrej Finance Limited (GFL), a subsidiary of Godrej Capita
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RBI Deputy Governor gives 'career compass' to IIM Jammu students, asks the
Updated : 1 week, 4 days ago IST
Reserve Bank of India (RBI) Deputy Governor Swaminathan J outlined a three-part "career compass" for management students at the Indian Institute of Management, Jammu, urging them to build leadership grounded in discipline, integrity and customer focus as India advances towards Viksit Bharat
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RBI allots Rs 44,330 cr in state bond auction; cutoff yields range between
Updated : 1 week, 4 days ago IST
The Reserve Bank of India (RBI) announced the results of the auction of State Government Securities (SGS) held on March 2, 2026, with total allotment amounting to Rs 44,330 crore against a notified amount of Rs 43,130 crore. According to the RBI, competitive bids worth Rs 2,07,027.237 crore
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Arvid Lindblad brings F1 car back to India at Red Bull Moto Jam Delhi
Updated : 1 week, 5 days ago IST
As part of Red Bull Moto Jam, the VCARB-branded RB8 driven by Arvid Lindblad marked the occasion of Holi, India's festival of colours, which takes place on 03 March. In a tradition established at Red Bull Showruns in India, the car released coloured powder (gulal) into the air, reflecting th
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India forex reserves drop by $2.11 billion to $723.608 billion in week tha
Updated : 1 week, 6 days ago IST
India's foreign exchange reserves dipped USD 2.119 billion in the week that ended February 20 to USD 723.608 billion, after having reached a new all-time high recently, according to the Reserve Bank of India's latest data.
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