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RBI decides to keep repo rate unchanged at 6.5 pc
Updated : 2 years, 11 months ago IST
Five out of six members of MPC voted to remain focused on withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike
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Sensex opens with losses; investors wait for RBI's rate hike decision
Updated : 2 years, 11 months ago IST
BSE's 50-share Sensex lost 86 points to 59,603.20 while NSE's Nifty dipped 25 points to 17,532.15 during the morning trade on Thursday.
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Cyril Amarchand Mangaldas advises DMI Finance on USD 400 million fundraisi
Updated : 2 years, 11 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], April 5 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised DMI Finance Private Limited (DMI Finance), a RBI registered Non-banking Financial Company (NBFC), on its USD 400 million equity fundraising led by Mitsubishi UFJ Financial Group, Inc
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RBI likely to announce another repo rate hike tomorrow to manage inflation
Updated : 2 years, 11 months ago IST
Governor Shaktikanta Das will announce the outcome of the meetings at 10 in the morning, followed by a press conference at noon which would be telecast.
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Payment Aggregator Paysharp raised funding of 10.5 crore
Updated : 2 years, 11 months ago IST
Chennai (Tamil Nadu) [India], April 5 (ANI/PNN): Paysharp, incorporated in 2019 by Krishna Kumar Mani and Sathish S, provides enterprise-grade payment solutions business, a solution including complete UPI solutions and other payment collection solutions. The startup Paysharp also received th
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Indian stocks in green ahead of RBI monetary policy outcome
Updated : 2 years, 11 months ago IST
Indian stock indices extended their gains, though marginally, on Wednesday as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting -- the first in 2023-24 which started Monday.
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India stands out as fastest-growing economy, but RBI should halt any more
Updated : 2 years, 11 months ago IST
ASSOCHAM President Ajay Singh said, "Though India remains the fastest-growing nation amongst the major economies, growth is uneven even as the global headwinds from volatile energy prices, geo-political developments and threat of recession in major economies need to be watched with an abunda
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SATYA MicroCapital crosses Rs 5,001 crores Assets Under Management mark
Updated : 2 years, 11 months ago IST
New Delhi [India], April 4 (ANI/NewsVoir): SATYA MicroCapital, one of the fastest growing RBI registered NBFC-MFI has achieved the milestone of Rs 5001 crores Assets Under Management on the commencement of FY23-24. This is not the only feather SATYA has added to its golden cap at this moment
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RBI may hike repo rate by 25 bps in ongoing policy meet: Emkay report
Updated : 2 years, 11 months ago IST
The monetary policy committee of the Reserve Bank of India, when it announces the outcome of the ongoing policy meeting on Thursday morning, is likely to hike the repo rate by 25 basis points (100 basis points is equivalent to 1 percentage point), according to advisory firm Emkay Global Fina
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slice appoints former RBI Executive Director and Ex MD-SBI in key leadersh
Updated : 2 years, 11 months ago IST
Bengaluru (Karnataka) [India], April 3 (ANI/NewsVoir): slice, India's leading consumer payments and lending company has announced the strategic appointment of Eugene Karthak as an Independent Board Director and S Vishvanathan as Advisor. With the fintech industry poised for revolutionary cha
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Although RBI has come a long way... there is still a long path to traverse
Updated : 2 years, 11 months ago IST
During the 31st Annual Management Convention of Thrissur Management Association, the deputy governor in his address said, "The huge gap in availability and utilisation of financial services by the urban and rural India is one such challenge."
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Shaktikanta Das congratulates Team RBI on completing 88 years of service t
Updated : 2 years, 11 months ago IST
The Governor said in a tweet, "Congratulations Team RBI for 88 years of dedicated service to the nation. It's an humbling moment. A day to rededicate ourselves to the responsibilities of this national institution."
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