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Business  /  Published 10.02.23

India's forex kitty drops

The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments...
By PTI in New Delhi

Business  /  Published 09.02.23

Penal fee recast

Such charges cannot be levied in the form of ‘penal interest’ that is added to the rate of interest being charged on the advances...
By Our Special Correspondent in Mumbai

Business  /  Published 09.02.23

Limited bank exposure to Adani

RBI governor Shaktikanta Das said central bank has taken number of steps to strengthen resilience of domestic banks...
By Our Special Correspondent in Mumbai

Gallery  /  Published 08.02.23

News that hit headline

Here are the latest developments from India and abroad...
By Our Web Desk

Business  /  Published 08.02.23

App ban: RBI gives list to govt

Earlier this week, the information technology ministry banned 94 loan apps, which included entities not connected to China as well...
By PTI in Mumbai

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Business  /  Published 08.02.23

Digital currency has 50,000 users: RBI

The pilot project started on December 1 has witnessed 7.70 lakh transactions, and is now being carried out in five cities...
By PTI in Mumbai

Business  /  Published 08.02.23

Single case can't impact system: RBI

To queries related to Adani Group, Shaktikanta Das said the Reserve Bank has made its own assessment to come out with the statement on Friday...
By PTI in Mumbai

Business  /  Published 08.02.23

RBI hikes interest rate to 6.5%

The six-member Monetary Policy Committee voted 4-2 to raise the repo rate to 6.50 per cent and retain its stance of withdrawing accommodation...
By PTI in Mumbai

Business  /  Published 08.02.23

RBI's inflation projection

Although the forecast will be impacted by global factors such as geopolitical tensions and international financial market volatility, India's economic activity will stay strong...
By PTI in New Delhi

Business  /  Published 08.02.23

RBI projects FY24 GDP growth at 6.4%

The Economic Survey 2022-23 projected a baseline GDP growth of 6.5 per cent in real terms for the next fiscal...
By PTI in Mumbai


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