No bank holiday on Eid al-Fitr this year? Know reason behind this
The central bank has asked all major banks to keep branches dealing with government transactions operational on the said date ...
India's RBI imposes business curbs at New India Co-operative Bank on supervisory concerns
India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.
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REC Sanctions Rs 2,147.51 Cr Loan For 1000MW Pakal Dul Hydro Electric Project
REC, a Maharatna Central Public Sector Enterprise (CPSE) and a leading Non-Banking Financial Company (NBFC) under the ...
Indian Central Bank to Infuse Record Overnight Funds Post Heavy FX Intervention
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...
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RBI to launch exclusive ‘.bank.in’ and ‘.fin.in’ domains to strengthen financial security
Initiative is designed to mitigate fraud in digital transactions and create a more secure online financial ecosystem ...
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
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RBI reduces key repo rate by 25 basis points to 6.25%, first time in five years
The MPC had last reduced the repo rate in May 2020 and had kept the rate unchanged in the last 11 policy meetings.
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Nifty, Sensex open flat as investors in wait and watch mode before RBI rate cut
Indian stock markets opened on a positive note on Thursday, with investors maintaining a cautious stance ahead of the Reserve ...