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Latest Articles in reserve bank of india

Banks Cannot Recover Loan Forcefully As Per RBI Circular

Now banks cannot forcefully recover the loan from anyone under any adverse circumstances

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After China, India To Be Second Most Important Driver Of Global Growth In 2022: RBI Deputy Guv

For the year 2022, the International Monetary Fund (IMF) projected global growth at 3.2 per cent in 2022, lower than 6.1 per cent in 2021. India is projected to grow by 7.4 per cent

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RBI Advises REs To Strictly Ensure Their Agents D Not Intimidate For Debt Collection

Reserve Bank said it has observed that recovery agents are deviating from its instructions with regard to the recovery of loans

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RBI Fixes Rules On Unfair Strong-Arm Tactics Employed By Recovery Agents

RBI likewise expressed that banks, non-banks and other managed substances must guarantee that recovery specialists

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Industry Experts Welcome RBI Norms On Digital Lending Apps

Only regulated entities such as banks and shadow banks will be allowed to disburse and collect re-payments on loans

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Indian Companies Swap Dollars For Asian Currencies To Buy Russian Coal

Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the US dollar and cutting the risk of breaching Western sanctions against Moscow

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RBI Tightens Scrutiny Over Digital Lending Apps

Only regulated entities such as banks and shadow banks will be allowed to disburse and collect re-payments on loans, and this will not be left to third parties, the central bank said

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New Credit Rating Rules Could See 100 Firms Downgraded: Ratings Bodies

The companies likely to be affected are mostly in the power, healthcare, engineering, construction and roads sectors

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Retail Inflation Likely Eased In July, Still Far From RBI's Target: Reuters Poll

The near-term inflation outlook remains highly uncertain as the uneven nature of this year's monsoon and a weak rupee currency may dull the effectiveness of those government efforts to tame consumer price rises.

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How Bharat Bill Payment Will Be An Economic Game-Changer?

More than 8 crore transactions are processed inside Bharat Bill Payment system

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RBI Has Taken Steps To Promote Rupee As Preferred Currency For Global Trade: FM

Finance Minister Nirmala Sitharaman on Monday said the Reserve Bank of India (RBI) has taken steps to promote rupee as the preferred currency for global trade in order to promote exports

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Rupee Rises By 17 Paise Against US Dollar

On Friday, Indian rupee value appreciated by 17 paise to close at 79.23 against the US Dollar.

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RBI Retains Inflation Forecast For FY23 At 6.7%

In its previous monetary policy review in June, it had projected retail inflation for 2022-23 at 6.7 per cent, higher from 5.7 per cent forecast in April

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Indian Economy Steady And Progressing Amid Turbulence And Uncertainty: Das

High-frequency indicators of the services sector like railway freight traffic, port freight traffic, e-way bills, toll collections and commercial vehicle sales remained robust in June and July, he said

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RBI MPC: Experts React Post Repo Rate Hike

The central bank's monetary policy commitee (MPC) meeting had started on August 3 and ended on August 5

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