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RBI governor says looking at business models of banks more closely
Updated : 2 years, 10 months ago IST
A resilient bank needs to be financially, operationally and organisationally resilient and should have adequate capital buffers to be able to generate earnings even in times of severe macroeconomic shocks, said Reserve Bank of India governor Shaktikanta Das, adding that it has started loo
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Indian banking system not affected by recent instability in advanced econo
Updated : 2 years, 10 months ago IST
The Reserve Bank of India Governor Shaktikanta Das on Thursday said the Indian banking system has remained resilient and has not been affected adversely by the recent crisis seen in the banking system in some advanced economies.
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Pristyn Care's Lybrate launches Shield360, India's most affordable and com
Updated : 2 years, 10 months ago IST
Gurugram (Haryana) [India], April 26 (ANI/NewsVoir): The Indian medical diagnostics sector is highly fragmented and doesn't provide comprehensive solutions which cater to all aspects of preventive healthcare. India's preventive healthcare sector is expected to reach USD 197 Bn by 2025. The m
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RBI Governor to address global conference on 'Financial Resilience' tomorr
Updated : 2 years, 10 months ago IST
The conference with the theme -- Financial Stability: Framework, Monitoring and Implementation -- is being organised by the College of Supervisors in collaboration with the Centre for Central Banking Studies (CCBS), Bank of England, London.
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Repo rate likely to be on hold, cuts expected in early 2024: Morgan Stanle
Updated : 2 years, 11 months ago IST
The Reserve Bank of India is likely to keep the repo rate on hold for now as inflation figures seem to be under control and any reduction in the key interest rate is expected only in the early part of 2024, Morgan Stanley said in a report.
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RBI releases monthly bulletin of April 2023
Updated : 2 years, 11 months ago IST
According to a statement from RBI, the five articles are -- State of the Economy; Recent Regime Reversal in Inflation: The Indian Experience; Capital Outlay of Indian States: An Empirical Assessment of its Role and Determinants; Industrial Relations Code and Labour Productivity: A Cross-Coun
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British food chain Pret A Manger to open first India outlet in Mumbai tomo
Updated : 2 years, 11 months ago IST
UK-based food and organic coffee chain Pret A Manger will on Friday launch its first shop in India in Maker Maxity, Mumbai. The firm last year announced its partnership with Reliance Brands Ltd (RBL)
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India, Bangladesh agree to settle bilateral trade transactions in rupee, t
Updated : 2 years, 11 months ago IST
In order to facilitate cross-country transactions, Sonali Bank and Eastern Bank will open accounts in the State Bank of India and ICICI Bank. The two Indian banks will also open similar accounts in the two Bangladeshi banks, as per the news report.
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RBC Heritage: Fitzpatrick edges past Spieth in play-off
Updated : 2 years, 11 months ago IST
Matt Fitzpatrick trailed Jordan Spieth by two with five holes to play but made birdies on the 15th and 16th holes to tie for the lead at 17-under. On the third playoff hole, Fitzpatrick hit his 9-iron to within 1 foot on the closing lighthouse hole to set up the winning birdie.
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RBC Heritage: Fitzpatrick takes lead with round of 63
Updated : 2 years, 11 months ago IST
Matt Fitzpatrick had six birdies and he also had an eagle which he holed out from 149 yards away on the par-4 third hole. His total was at 14-under 199 and is looking for only his second PGA Tour win.
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Walker leads, Scheffler, Rose, Schauffele chase him at Hilton Head
Updated : 2 years, 11 months ago IST
Six-time PGA TOUR winner Jimmy Walker, who has one top-10 in his last 98 starts on TOUR, holds the 36-hole lead or the co-lead for the ninth time on the PGA TOUR. Walker has missed eight cuts in his past 12 events.
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Retail inflation eases to 5.66 pc; falls within RBI target range now
Updated : 2 years, 11 months ago IST
According to the data released by the Ministry of Statistics and Programme Implementation, rural inflation stood at 5.51 per cent while urban inflation was at 5.89 per cent in March. In February this year, it was 6.72 per cent and 6.10 per cent for rural and urban inflation respectively.<
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