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Small finance, payment banks to expand pension scheme outreach
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): A total of 11 payment banks and 10 small finance banks were granted license from the Reserve Bank of India (RBI) to start banking operations in India, in a move to help expand the outreach of Atal Pension Yojana (APY), the government's pension scheme.
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Foreign exchange reserves scale new high of $414.784bn
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): Foreign exchange reserves continued rallying for the fourth week with a new high of USD 414.784 billion USD in the week to January 19, attributable to a rise in foreign currency assets.
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Prodigee Finance granted NBFC-ND license from RBI
Updated : 8 years, 1 month ago IST
Bhopal (Madhya Pradesh) [India], Jan 24 (ANI-NewsVoir): It's quite understandable that the rules and regulations of the Reserve Bank of India make it a challenge for a new financial company to be able to offer loans. The good news, with hard work and the right kind of support it is possible
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IMF, World Bank commend RBI for strengthening banking supervision
Updated : 8 years, 1 month ago IST
New Delhi [India] January 21 (ANI): The International Monetary Fund (IMF) and World Bank have commended the Reserve Bank of India (RBI) for its remarkable progress in strengthening banking supervision.
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Reduced tax rates recommended by GST Council
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 18 (ANI): The Goods and Services (GST) Council recommended many relief measures regarding GST rates on goods and services in a meeting held here today.
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MobiKwik hires RBL'S senior VP as chief risk officer
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 18 (ANI): Issuer-independent digital financial services platform MobiKwik on Thursday announced the appointment of Puneet Agarwal as the chief risk officer.
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RBI reiterates legal tender status of Rs 10 coins
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 17 (ANI): The Reserve Bank of India (RBI) on Wednesday reiterated the legal tender status of Rs. 10 coins of different designs.
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Paytm Payments Bank appoints Nitin Chauhan as CISO
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 16 (ANI): Paytm Payments Bank (PPB) on Tuesday announced the appointment of Nitin Chauhan as its Chief Information Security Officer (CISO).
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Easing of inflation a positive sign: FICCI President
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 15 (ANI): Rashesh Shah, President, Federation of Indian Chambers of Commerce and Industry (FICCI), on Monday said the easing of inflation is a positive sign of growth and shows a continued effort by the government to strengthen the economy.
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ICICI envisioning voice-enabled transactions on iMobile in 2018
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 12 (ANI): Private sector bank ICICI on Friday noted that amid the increasing technological advancement, the largest lender is aiming to enable voice-based transactions on its mobile banking app, iMobile.
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Deposit Rs 125 crore by Jan.25 or else face jail: SC tells Jaypee
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 10 (ANI): The Supreme Court on Wednesday asked realty company Jaypee Associates Ltd (JAL) to deposit Rs 125 crore by January 25 in connection with a multi-crore debt case.
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India`s GDP growth to touch 7.3 percent in 2018-19: World Bank
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 10 (ANI India's Gross Domestic Product (GDP) is expected to grow by 6.7 percent in FY 2017-18 and will pick up to 7.3 percent in 2018-19, and to 7.5 percent a year in the medium term, a report released by the World Bank on Wednesday stated.
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