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RBI caps deposit withdrawal from ailing National Co-operative Bank at Rs 5
Updated : 2 years, 8 months ago IST
The Reserve Bank of India (RBI) has imposed certain restrictions on Bengaluru-based ailing The National Co-operative Bank Ltd and capped deposit withdrawal at Rs 50,000 per account.
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Measuring exposure at risk key to manage climate events: RBI Dy Governor
Updated : 2 years, 8 months ago IST
Stating that the consequences, intensity, severity, and frequency of climate events were hard to measure and difficult to predict, the Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao noted that the first step for banks and other regulated entities must take is to measure the amou
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2.51 pc of Rs 2,000 notes in circulation till June end: MoS Finance in Lok
Updated : 2 years, 8 months ago IST
On May 19, the RBI decided to withdraw the Rs 2000 denomination banknotes from circulation but said it would continue to remain as legal tender. However, RBI has advised banks to stop issuing such banknotes with immediate effect.
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Earn Better Returns with High Interest Rate Fixed Deposits on Bajaj Market
Updated : 2 years, 8 months ago IST
Pune (Maharashtra) [India], July 24: The Reserve Bank of India (RBI) has been periodically revising its repo rates by going on a ‘rate-hike’ spree, which began in May 2022. This has, in turn, resulted in an uptick in lending rates and Fixed Deposit (FD) interest offerings.
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RBI Governor meets World Bank President during G20 meeting
Updated : 2 years, 8 months ago IST
Reserve Bank of India Governor Shaktikanta Das met World Bank President Ajay Banga during the G20 Summit in Gandhinagar, Gujarat and discussed various issues.
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RBI’s digital rupee, KCC loan innovations displayed at G20 FMCBG event in
Updated : 2 years, 8 months ago IST
The Reserve Bank of India (RBI) has showcased its innovations -- ‘Frictionless Credit’ and ‘Central Bank Digital Currency’ -- at the innovation pavilion on the sidelines of the 3rd meeting of Finance Ministers and Central Bank Governors (FMCBG) under India’s G20 presidency here at the Mahatm
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Gujarat: RBI Governor meets Swiss National Bank’s Thomas Jordan during G20
Updated : 2 years, 8 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday met with Thomas Jordan, the Chairman of Governing Board, Swiss National Bank, during the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting.
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India, UAE sign MoUs to promote use of local currencies for cross-border t
Updated : 2 years, 8 months ago IST
Prime Minister Narendra Modi said, "This is a very important aspect of India-UAE cooperation. It paves the way for enhanced economic collaboration and will make international financial interactions simpler."
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RBI's Clean Note Policy to Boost Real Estate Development: R&R by Rise
Updated : 2 years, 8 months ago IST
New Delhi [India], July 12: The real estate industry is moving beyond cyclical headwinds, according to “Primary Market Set To Gain”, the latest report by R&R, an independent research wing of Rise Infraventures Limited. Sufficient inventories ready for possession at promising prices and R
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“Banks need to remain extra careful and vigilant, focus on governance”: RB
Updated : 2 years, 8 months ago IST
The governor held meetings with the MD and CEOs of public sector banks and select private sector banks here.
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SC dismisses plea challenging RBI decision on Rs 2,000 note exchange sans
Updated : 2 years, 8 months ago IST
A bench of Chief Justice of India DY Chandrachud and Justice PS Narasimha dismissed the plea filed by advocate Ashwini Upadhyay citing it as an "area of executive domain".
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PM Modi has only served lies in Chhattisgarh: CM Bhupesh Baghel
Updated : 2 years, 8 months ago IST
Accusing Prime Minister Narendra Modi of speaking only lies during his programme in Raipur, Baghel said, "Raman Singh-led government in the state was for 15 years but the report released by RBI in 2018 showed Chhattisgarh as the most poverty-hit state, most malnourished, having maximum women
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