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Indian stock indices decline on near-term inflationary concerns
Updated : 2 years, 7 months ago IST
Indian stock indices traded in the red Friday, a day after the Reserve Bank of India flagged concerns about possible inflationary pressures in the near term.
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RBI raises transaction limit for offline UPI Lite payments from Rs 200 to
Updated : 2 years, 7 months ago IST
As part of its continuous bid to deepen the reach and use of digital payments in the country, the Reserve Bank of India on Thursday proposed to enhance the per transaction limit for UPI Lite digital payments in off-line mode from Rs 200 to Rs 500.
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RBI proposes to introduce UPI payments through AI conversations
Updated : 2 years, 7 months ago IST
RBI Governor Shaktikanta Das, as part of its post monetary policy meeting remarks earlier today, said it will enable users to engage in conversation with AI-powered systems to make payments.
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Unlocking Business Success: The Dual Role of CIBIL Rank for Entrepreneurs
Updated : 2 years, 7 months ago IST
New Delhi [India], August 10: Apoorvaa – Credit Repair Lawyer of India, recently sponsored and participated in the Anant National Conference organized by the Bhilwara Branch of CIRC of ICAI. The platform saw thought-provoking discussions on various topics indirectly associated with the India
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RBI maintains repo rate but raises inflation forecast; experts have this t
Updated : 2 years, 7 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent – for the third time in a row, something most financial market experts had expected.
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Axis Bank to Infuse Rs. 1,612 crore in Max Life, Stake to Go up to 19.02 p
Updated : 2 years, 7 months ago IST
New Delhi [India], August 10: Pursuant to the approval of the Max Financial and Max Life Boards, Axis Bank will be infusing Rs. 1,612 Cr by subscribing to equity shares of Max Life, at fair market value determined basis DCF methodology. Axis Bank has received requisite approval from RBI for
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RBI revises inflation outlook for 2023-24, sees "substantial increase" in
Updated : 2 years, 7 months ago IST
The Reserve Bank of India has upwardly revised the country’s retail inflation projections for 2023-24 at 5.4 per cent, against 5.1 per cent it projected in its previous monetary policy meeting in June.
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RBI keeps repo rate unchanged in third straight policy meet
Updated : 2 years, 7 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected.
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RBI Governor to announce Monetary Policy decision today
Updated : 2 years, 7 months ago IST
RBI Governor Shaktikanta Das is scheduled to make the official announcement of the MPC's decision on Thursday, August 10, at 10:00 am.
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RBI monetary policy: Morgan Stanley expects status quo in interest rates
Updated : 2 years, 7 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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RBI monetary policy: SBI Research expects another pause in interest rates
Updated : 2 years, 7 months ago IST
SBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank’s third monetary policy committee meeting is currently underway. The outcome of the review meeting will be announced on Thursday morning.
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Experts expect status quo in interest rates from ongoing RBI monetary poli
Updated : 2 years, 7 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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