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The RBI noted that the growing threat of the crypto-assets ecosystem warrants drastic approaches by national authorities
Featured

RBI slams unbacked crypto assets, stablecoins, DeFi and crypto trading platforms

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RBI underscores need for regulatory guardrails to ensure financial stability and consumer, investor protection The Reserve Bank of India (RBI) has come down heavily on...
Mastercard can be everywhere you want it to be, again!
Banking

Reserve Bank of India lifts a yearlong curbs on Mastercard, allows...

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With RBI clearance, now Mastercard can add new subscribers for its Debit and Credit cards The Reserve Bank of India (RBI) on Thursday lifted the...
The lastest hike of 50 basis points was marginally above its expectations of a 40-basis point rate hike, Moody's said in a report
Economy

Moody’s Analytics predicts another 60-80 bps hike in repo rate this...

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Expect another hike in repo rate says Moody's Analytics Soon after the Reserve Bank of India (RBI) raised key lending rates, or repo rate, by...
In early May, the RBI, in a surprise off-cycle meeting, hiked the repo rate by 40 basis points (bps) to 4.40 percent, amidst rising inflation concerns in the economy
Economy

RBI hikes repo rate by 50 bps, GDP forecast retained at...

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RBI raises repo rate for the second time in 5 weeks At the conclusion of the monetary policy committee's three-day meeting on June 8, the...
A lot of consultation has been done from both domestic and other participants, Seth said on the sidelines of an event organized by the Finance Ministry
Investing

India finalizing consultation paper on cryptocurrencies: Economic Affairs Secretary

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Centre drives close to putting together its cryptocurrency consultation paper; will submit soon The Government of India will soon finalize a consultation paper on cryptocurrencies...
The financial markets in India remained vibrant amidst easy liquidity conditions, although the severe second wave of the pandemic during April-May 2021 dampened sentiments
Economy

India’s economic recovery getting entrenched and broadening: RBI report

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RBI report shows positive signs for India's economic recovery in FY23 The Reserve Bank of India (RBI) has shown positive signs for the economic recovery...
The decision taken today to raise the repo rate may be seen as a reversal of rate action of May 2020
Monetary Policy

RBI hikes repo rate by 40bps to 4.40%, CRR by 50bps,...

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Sensex crashes 1,307 points after RBI's rate hike surprise Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee...
Core inflation stood at 6.2 per cent YoY for the fifth consecutive month in February 2022
Economy

RBI expected to prioritize growth over inflationary fears during April meet

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Inflation expected to remain at elevated levels due to higher crude oil prices In the upcoming April 2022 policy meet, the Reserve Bank of India...
Lingering concerns exist on whether Paytm hyped its IPO price and now this
Banking

Reserve Bank of India asks Paytm Payments Bank to stop opening...

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Paytm Payments Bank violated RBI norms: RBI The Reserve Bank of India (RBI) on Friday asked Paytm Payments Bank to stop opening new accounts amid...
Who warned Indiabulls Sameer Gehlaut of an impending raid, resulting in him fleeing to London in early 2020?
Law and Order

ED raids Indiabulls Delhi and Mumbai offices. Promoter Sameer Gehlaut still...

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Indiabulls promoter Sameer Gehlaut is another case of an absconder holing up in London to escape from the clutches of the Law The Enforcement Directorate...
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