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Personal loans grow 13.5% in March 2021: RBI
Credit to the household sector rose by 10.9% (y-o-y) and its share in total credit increased to 52.6% in March 2021 from 49.8% the year-ago period
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RBI prescribes qualifications for MDs, WTDs of UCBs
RBI said MPs, MLAs and representatives of municipal corporations will not be eligible to hold such positions in the primary urban cooperative banks
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RBI extends regulatory restrictions on PMC Bank till Dec
Paving the way for takeover of PMC, the RBI had earlier in the month granted in-principle approval to Centrum Financial to set up a small finance bank
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Household financial savings moderated to 8.2% of GDP in Q3
The moderation was driven by a significant weakening in the flow of household financial assets, the Reserve Bank of India said
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'Support from all sides needed to nurture economic recovery'
RBI Governor Shaktikanta Das has pitched for policy support from all sides -- fiscal, monetary and sectoral -- to nurture recovery of the economy
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Working with RBI for restarting banned services: HDFC Bank
HDFC Bank said it is also creating a new tech architecture for the future as part of the "digital factory" and "enterprise factory" initiatives
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India Inc looks forward to repo rate cut in future
Industry chamber FICCI said the central bank's consistency and approach towards managing the current challenges both economic and those on health fron
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RBI keeps repo rate unchanged; your EMIs won’t come down
The RBI has kept repo rate, the rate of interest at which commercial banks borrow money from the central bank, at 4% for the last five bi-monthly meet
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RBI MPC: Key things you need to watch out for
The six-member MPC is expected to keep the benchmark repo rate unchanged at 4%
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Banks begin process of restructuring of loans up to Rs 25 crore
Many lending institutions have got board approval for the resolution framework and eligible borrowers are being contacted
