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Indian banks largely unprepared for climate-related financial risks, warns
Updated : 10 months, 4 weeks ago IST
With climate change posing increasing risks to financial stability, Indian banks remain largely unprepared to fully integrate climate-related risks into their operations, said a report by Climate Risk Horizons.
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RBI instructs all banks, financial companies, and other regulated entities
Updated : 11 months ago IST
The Reserve Bank of India (RBI) has given clear instructions that from May 1, 2025, all banks, financial companies, and other regulated entities must use the PRAVAAH portal to submit any applications for authorisations, licenses, and approvals.
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Youngsters in India now prefer entrepreneurship over MNC jobs, earlier, no
Updated : 11 months ago IST
Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the mindset of India's young generation has changed remarkably over the years, with many now preferring to become entrepreneurs rather than seeking jobs in multinational companies (MNCs).
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Policy continuity-stability, thrust on infra, demographic dividend among f
Updated : 11 months ago IST
Policy continuity and stability, financial stability, fiscal prudence and efficiency, thrust on infrastructure, renewed focus on manufacturing, demographic dividend, innovation, continued focus on Ease of Doing Business and reforms, digitalisation are among factors that will push India's gro
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India's forex reserve rises for 7th week, gradually climbing towards all-t
Updated : 11 months ago IST
India's foreign exchange reserves rose USD 8.310 billion to USD 686.145 billion in the week that ended on April 18, extending gains for the seventh straight week, official data released by the Reserve Bank of India (RBI) this week showed.
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RBI set to switch to new website
Updated : 11 months ago IST
In April 2024, a new website and a mobile application of the RBI was released on by the then Governor Shaktikanta Das.
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Worried About Market Volatility? Lock in Shriram Unnati FD's High Rates Wh
Updated : 11 months ago IST
Mumbai (Maharashtra) [India], April 25: While President Trump's 90-day tariff pause has come as a welcome respite for volatile equity markets, the fact that there continues to be policy uncertainty will mean that business investment is likely to be sluggish in the near-future. This increa
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RBI MPC minutes reflect clear dovish tone, growth taking center stage in p
Updated : 11 months ago IST
The minutes of the Monetary Policy Committee (MPC) meeting held on April 7-9 reflect a clear dovish tone, with growth now taking center stage in the RBI's policy approach.
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Food inflation outlook turned decisively positive: RBI policy minutes
Updated : 11 months ago IST
The outlook for food inflation in India has turned decisively positive over the recent correction in vegetable prices, coupled with estimates of a record wheat and higher pulses production, the Minutes of the latest RBI monetary policy said.
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IMF cuts India's growth forecast for FY26 to 6.2%
Updated : 11 months ago IST
The International Monetary Fund (IMF) on Tuesday lowered India's growth projection for the fiscal year 2025-26 to 6.2 per cent.
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T. Rabi Sankar RBI Deputy Governor term extended by a year
Updated : 11 months ago IST
The Appointments Committee of the Cabinet (ACC) has approved the reappointment of T. Rabi Sankar as Deputy Governor of the Reserve Bank of India (RBI) for a period of one year.
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Alieus Hedge Fund to Exit India Investors to Get Full Refund Amid Complian
Updated : 11 months, 1 week ago IST
New Delhi [India], April 22: Alieus Hedge Fund has announced its formal exit from the Indian market, citing severe compliance and regulatory issues, including bank account freezes, software hacks, and USDT-related fraud involving certain individuals. This step has been taken in alignment wit
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