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RBI keeps repo rate unchanged. This means the loan interest rates too are likely to remain unchanged

RBI keeps repo rate unchanged at 6.5%

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RBI maintains status quo, keeps repo rate unchanged at 6.5 percent for 7th consecutive time In the first Monetary Policy Committee (MPC) announcement for the...
SRO is expected to adhere to a set of overarching objectives for betterment of the sector they represent

RBI lays framework for recognizing self-regulatory organizations

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RBI issues omnibus framework for recognizing self-regulatory organizations for banks, NBFCs, fintechs The Reserve Bank of India (RBI) has issued new rules for recognizing self-regulatory...
An increase in the foreign exchange reserves gives the RBI more headroom to stabilize the rupee when it turns volatile

India’s forex reserves scale two-year high of $636.1 billion: RBI data

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Rising foreign exchange reserves are positive for the economy India's foreign exchange reserves surged by a whopping $10.47 billion to scale a two-year high of...
RBI asks NPCI to look into One97 Communication's plea to become TPAP for UPI usage

RBI says Paytm handles to migrate seamlessly from PPBL to other banks. Issues guidelines...

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RBI comes out with another set of measures to mitigate woes of Paytm customers Protecting the customers of Paytm, the Reserve Bank of India (RBI)...
Indian economy continues to sustain the momentum achieved in the first half of 2023-24

RBI bulletin pegs India’s GDP growth in Q4 at 7%, corporate investments likely to...

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A stable and low inflation at 4% provides the bedrock for sustaining economic growth, according to RBI bulletin Ihe RBI’s monthly bulletin released on Tuesday...
Paytm bank given until March 15 to stop accepting new deposits

RBI extends Paytm Payments Bank transaction curb deadline to March 15. Issues FAQ on...

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RBI extends Paytm Bank’s lifeline to help customers The Reserve Bank of India (RBI) on Friday extended by 15 days the deadline for stopping transactions...
The collaboration between India and Nepal in linking their fast payment systems through the UPI-NPI linkage will further deepen financial connectivity

RBI inks pact with Nepal Rastra Bank for UPI link

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Integration of the fast payment systems aims to facilitate cross-border remittances between India and Nepal The Reserve Bank of India (RBI) and Nepal Rastra Bank...
Shaktikanta Das says RBI is supportive of the fintech sector, but customer interest, and financial stability are of prime importance

RBI Governor says no review of action taken against Paytm Payments Bank. Soon to...

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Mounting challenges for Paytm: RBI maintains grip Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday categorically said there was "hardly any room" to...
We strongly believe it helps in cross border payments. It will bring in greater transparency and traceability: FM Sitharaman on digital currency

Govt of India, RBI actively engaged on digital currency: Finance Minister

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Both the regulator and the government are working on digital currency, says Nirmala Sitharaman India’s Finance Minister Nirmala Sitharaman on Thursday said the Government of...
ED sleuths have identified some major deviations from the prescribed norms in the multi-crore foreign exchange dealings that have surfaced during the investigation in the ration distribution case

ED asks RBI’s help to seek details of ‘illegal’ forex dealings in Bengal ration...

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Bengal ration distribution case: ED to collaborate with  RBI in the multi-crore foreign exchange fraud The Enforcement Directorate (ED) is seeking the help of the...

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