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India’s rate-setters opted for a larger-than-expected interest rate cut to spur demand, while adjusting the policy stance to ...
Several major banks, including Punjab National Bank (PNB), Bank of India and UCO Bank, have slashed their lending rates following the Reserve Bank of India's ... RBI's strategy to stimulate economic ...
following the Reserve Bank of India's policy rate cut. This move aims to make loans more affordable for homes, cars, and businesses, potentially boosting credit demand. The rate cut aligns with ...
The Reserve Bank of India lowered its key repo rate by 50 basis points to 5.5 per cent. Most analysts had expected a 25-point cut. It is the third reduction in a row since February.
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NDTV Profit on MSNBreaking News: Modi Gets G7 Invite From Canadian PM; Maharashtra Reports 114 New Covid CasesCongratulated him on his recent election victory and thanked him for the invitation to the G7 Summit in Kananas ...
According to the Reserve Bank of India Act, 1934, after the RBI has made provisions for bad and doubtful debt and has met all its expenses, including any provisions it needs to make towards buffer ...
India’s central bank will give a record dividend to the government, shoring up finances to bolster growth in Asia’s third largest economy. The Reserve Bank of India board approved the transfer of 2.69 ...
The Reserve Bank of India has proposed relaxing norms for investments ... In case you are approached by anyone making such claims, please write to us at [email protected] or call on ...
Accordingly, in exercise of powers conferred by sections 21, 35A and 56 of the Banking Regulation Act, 1949, sections 45JA, 45L and 45M of the Reserve Bank of India Act ... in a way which enables the ...
"The framework seeks to standardize the process of making regulations in a transparent and consultative manner," the Reserve Bank of India (RBI) said in a statement published on its website.
Last year, to speed up the identification process, the Reserve Bank of India announced that it could ... “We have posted posters and published news everywhere,” he assured regarding informing ...
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