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Latest Articles in rbi

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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Rupee Depreciates 15 Paise Against $

At the interbank foreign exchange, the rupee opened marginally higher at 72.05 against the $.

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RBI Becomes Net Buyer Of Dollars In Sept, Bought $ 5.61 Billion

RBI purchased USD 6.514 billion and sold USD 900 million in the spot market, according to a recent RBI data.

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No Levying Of Charges On NEFT Payment From January: RBI To Banks

RBI has also proposed that FAS Tags would be enabled to pay for parking fee and even at fuel stations.

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India’s Inflation Probably Breached RBI Target Last Month: Report

Vegetable prices, particularly that of onions and tomatoes, will contribute significantly to the rise in inflation.

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Nirmala Sitharaman Reviews State Of Economy At FSDC Meeting

RBI and other regulators are looking at financial at it holistically, he said when asked about stress in the financial sector.

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PMC Depositors Gather Outside RBI Delhi, Demand Assurance From Central Bank

On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.

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What Steps Taken To Help PMC Bank Depositors, HC Asks RBI

The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.

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Over 3,400 Branches Of 26 PSBs Closed Or Merged In Last 5 Years: RTI

The RTI information came out at a time when the Centre is planning to consolidate 10 PSBs into four mega state-owned lenders.

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Singapore-Based DBS Bank May Acquire 51% Stake In Yes Bank

As per the reports, the Government of Singapore is negotiating with PMO and RBI for DBS to acquire 51 per cent stake in Yes Bank.

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Sebi Tightens Norms For Listed Banks On Bad Loan Disclosures

The decision has been taken in consultation with the RBI, the Sebi said in a circular.

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RBI Imposes Monetary Penalty On Bandhan Bank

RBI stated that this action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank.

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