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Indian economy expected to grow by 10% or more in the current fiscal: Rajiv Kumar
The Reserve Bank of India (RBI) has decreased its growth forecast for the current fiscal year to 9.5% from 10.5% previously
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Glass half full or empty? Dilemma persists
By end-October, 21 states have utilised MGNREGA funds allotted to them. It would mean unless further allocations are made, payments may come to a halt
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Banks comply with RBI’s new norms on recurring card payments
Banks account for over 95% of credit cards in the market
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PMC Bank customers not to get Rs 5 lakh deposit cover in first lot
The RBI had given in-principle approval to a consortium led by Centrum Financial Services and fintech firm BharatPe to buy the impaired PMC Bank
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Explained: New RBI Bank Locker Rules
RBI has instructed all bank boards to frame an agreement for safe deposit lockers based on a model locker agreement to be framed by IBA
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RBI eases rules on opening current account
RBI’s decision will help small businesses with bank exposure of less than Rs 5 crore
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Gold monetisation scheme: Withdrawal allowed in cases of depositor’s death
Premature withdrawal is allowed but not before the lock-in period of three and five years, depending upon the duration of the original scheme
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Shaktikanta Das reappointed RBI chief for three-year term
The government has reappointed Das as the governor of the central bank for a period of three years beyond December 10, 2021
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Signs of rates hardening visible now: Experts
Treasury yields rose 14-19 basis points on Wednesday in the primary auction
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RBI intends to make microlending collateral free: Report
Borrowers who take out microloans, according to Rao, lack the type of collateral that lenders desire.
