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India's total service exports and remittances are in a very sound condition, due to which we are able to eliminate trade deficit
Economy

Amid rising tension in Middle East, Indian economy resilient, fundamentals of...

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India managing itself well in the last one or two years amid the global headwinds, says NSE CEO The fundamentals of stock exchanges are very...
RBI keeps repo rate unchanged. This means the loan interest rates too are likely to remain unchanged
Economy

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...
In November, last year, S&P Global had projected India's growth to be 6.4 percent
Economy

S&P Global shows rise in India’s growth forecast for 2024-25

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S&P ups India growth forecast to 6.8% for FY'25 On Tuesday, S&P Global Ratings, in its Economic Outlook for the Asia Pacific, raised India's growth...
SRO is expected to adhere to a set of overarching objectives for betterment of the sector they represent
Banking

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...
RBI asks NPCI to look into One97 Communication's plea to become TPAP for UPI usage
Banking

RBI says Paytm handles to migrate seamlessly from PPBL to other...

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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)...
Paytm bank given until March 15 to stop accepting new deposits
Banking

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

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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
Banking

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
Banking

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

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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
Finance

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
Corruption

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

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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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