Search Results for: Reserve Bank of India
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Business
Indian Foreign Exchange Reserves Dip by $2.795 Billion, Standing at $616.143 Billion
New Delhi: India’s foreign exchange reserves experienced a notable dip of USD 2.795 billion, settling at USD 616.143 billion for the week ending January 1
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Opinion
India is walking the American way: Business Tycoon Subhash Chandra gets Rs 5,000 crore relief despite defaulting
On September 2nd, Yes Bank’s Asset Reconstruction Company named “JC Flowers” wavered off Rs 5,000 crore worth of loans to India’s media
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Press Releases
RBI organises 3rd zonal level round of All-India Quiz on financial literacy in Delhi
In order to enhance financial literacy among school students, the Reserve Bank of India (RBI) organised the third zonal level round of the All-India Quiz on Fin
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Press Releases
Gold Jewellery Investing: How Indians Successfully Defended Their Centuries-old-Practice
How Indians Defended the Practice of Gold Investments: A Brief History When it comes to gold, India holds a place of pride. Among the top 10 countries with the
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Finance
Long weekend for banks as holidays start Thursday
Get your banking tasks done before Thursday as banks in your area could remain shut for extended days this week
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India News
Chinese FM to visit Sri Lanka after reports of India-Lanka signing Trincomalee oil tank farm deal
The crippling economic crisis in Colombo has forced Rajapakse to turn to Delhi for help and speed up joint development of the Trincomalee oil tank farm.
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Opinion
Why capitalism in the United States and India are vastly different?
In India, the discourse is mostly centred on the GDP growth rate while the inflation and employment rate are believed to improve automatically as a consequence.
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World News
Afghanistan Crisis: India should talk with Taliban if they consider Kashmir as internal issue, Subir Bhaumik
China is leading India in a power tussle to become a regional superpower with economic aid and talks with the Taliban forces during the Afghanistan crisis In a
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Finance
India’s July WPI inflation records second straight fall to 11.16%
New Delhi: As per the WPI data released by the government, India’s wholesale price inflation or WPI eases 0.25% on year in July due to a low rise in food and fu
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Finance
RBI imposes penalties on SBI and 13 banks for violation of rules
The violence includes non-compliance with certain provisions of directions issued by RBI The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty o
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Finance
Yes Bank to raise Rs 10,000 crore via debt securities
According to the RBI-backed rescue plan, the State Bank of India acquired up to 49 percent stake in Yes Bank The board of directors at private sector lender Yes
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Finance
Sensex gains 359 points, banking and financial sectors took the lead
Bajaj Finance advanced by 7.6 per cent, Bajaj Finserv by 3.8 per cent, State Bank of India by 2.6 per cent and IndusInd Bank by 2.1 per cent.
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Finance
Fitch Ratings says India’s bank privatisation plans can face hurdles amid Covid
Fitch said political support in favour of legislative changes to the Act which are required in order to go through with the sale can be a significant hurdle for
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Business
Travel company Thomas Cook India has reduced its loss to Rs 68 crore
Thomas Cook India said it continues to maintain short-term liquidity and balance sheet strength in the uncertain environment with a continued focus on cash cons
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Finance
RBI Governor Shaktikanta Das held a virtual meeting with PSU Bank
Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday held a virtual meeting with managing directors and CEOs of public sector banks
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Technology
Amazon cancels one-month prime subscription in India
Amazon will now just offer a three-month membership and a yearly subscription for Prime Video Video streaming platform Amazon Prime will now only offer a three-
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Finance
In quarter four Yes Bank net loss swells to Rs 3,788 crore
Crisis-hit lender Yes Bank on Friday reported a standalone net loss of Rs 3,788 crore in the March quarter as against a net loss of Rs 3,668 crore in the year-a
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Finance
Why is Indian Rupee Kneeling to Dollar Again?
Performance of Rupee Vs Dollar is declining drastically in past 07 years from 54.78 in 2013 to 75.07 in April 2021 The rupee on 9th of April 2021, dropped sharp
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Finance
RBI enhances the limit of maximum balance for payments banks
This has been done to furthering financial inclusion and to expand the ability of payments banks to cater to the growing needs of customers The Reserve Bank of
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Opinion
India In A Digital World Where The Cost Of Sensitive Personal Data Is Just Rs 500
According to the latest information given by the Ministry of Home Affairs, there was a humungous 300% rise in cyber-attacks in the country in 2020. Amidst the C
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