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Latest Articles in rbi

FPIs Turn Net Sellers In Share Markets In Dec Amid Weak Macro Data

According to the depositories data, foreign investors pulled out a net sum of Rs 1,668.8 crore from equities.

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India's Real GDP Growth In FY20 To Come Below 5%: Report

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

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Zestmoney Partners With Micredit, Launches Small Ticket Loans

MiCredit allows customers to avail instant credit as low as INR 7,000 into their bank accounts almost instantly.

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RBI To Retain Dovish Bias Going Forward: Report

The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.

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NEFT Transactions To Be Available 24x7 From Dec 16

RTGS is meant for large-value instantaneous fund transfers, while NEFT is used for fund transfers of up to Rs 2 lakh.

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DHFL Bankruptcy: IRDAI Rules Out Troubles For Two Insurance Arms

As of September, DHFL Pramerica Life's solvency ratio stood at 388 per cent and that of DHFL General Insurance at 230 per cent.

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Real Estate Sector Disappointed; All Eyes On Budget Now

Realty players want the RBI and Government to take a more holistic approach.

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After PMC Debacle, RBI To Issue Draft Norms For Cooperative Banks

"To reduce concentration risk in the exposures of primary urban cooperative banks (UCBs) and to further strengthen the role of UCBs in promoting financial inclusion, it is proposed to amend certain regulatory guidelines," said the central bank.

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Reserve Bank Keeps Benchmark Interest Rate Unchanged At 5.15 Per Cent

The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.

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Sensex Closes 175 Points Higher Ahead Of RBI Monetary Policy

Among stocks, Tata Motors was the star of the day after posting gains of 7 per cent at Rs 169.30 per share.

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RBI May Go For 6th Repo Rate Cut To Boost Economy

The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.

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Rupee Rises 8 Paise To 71.58 Against $ In Early Trade

Forex traders said the domestic unit is trading in a narrow range ahead of the RBI monetary policy decision on Thursday.

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Government Wants RBI To Buy Out Stressed Assets Of Shadow Banks: Source

The government has also asked the central bank to consider a one time waiver to banks from classifying some real estate loans as bad loans.

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RBI Appoints Advisory Panel To Assist Administrator Of DHFL

DHFL is set to become the first non-bank lender to be referred to the National Company Law Tribunal (NCLT) under new rules.

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RBI To Cut Rates By 40 Bps By Feb Despite High Inflation

GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the September quarter.

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