Reserve Bank of India
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BUSINESS
With 87.4 million active cards, credit card spending in May reached a record high of Rs 1.4 billion
According to the most recent figures from the Reserve Bank of India, credit card spending reached a new high of…
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BUSINESS
India and the UAE will use the rupee-dirham for trade purposes after dedollarization
The Reserve Bank of India and the Central Bank of the UAE agreed on Saturday (July 15) to develop a…
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BUSINESS
To Encourage Use Of The Rupee And UAE Dirham For Cross-Border Transactions, RBI And CBUAE Sign Pacts
Two agreements were signed on Saturday in Abu Dhabi by the Reserve Bank of India (RBI) and the Central Bank…
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NATIONAL
India and the UAE Sign Important Agreements Regarding Climate Change and Trade Settlement in Local Currencies – 5 Points
To further strengthen the ties between the two nations, Prime Minister Narendra Modi met privately with Sheikh Mohamed bin Zayed…
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BUSINESS
What Are The Advantages Of This Payment System? Google Pay Integrates UPI Lite
To improve user experience, Google Pay has incorporated UPI Lite, a condensed version of the Unified Payments Interface (UPI) system.…
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BUSINESS
SDLs To Fetch Rs 12,430 Cr, With An Indicative 1-Year T-Bill Yield Of 6.86% In The RBI Treasury Bill And Bond Auction Update
Markets anticipate the Reserve Bank of India (RBI) to maintain the present repo rate and a hawkish stance on its…
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BUSINESS
From today, SBI will increase MCLR-based lending rates for all loan terms
From July 15, 2023, the State Bank of India (SBI) will raise its marginal cost of funds-based lending rate (MCLR)…
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BUSINESS
Over 1 lakh customers and 1.7 lakh merchants are onboarded by HDFC Bank for CBDC
On Thursday, the biggest private sector lender HDFC Bank said that it has implemented an interoperable UPI QR code with…
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BUSINESS
Read more about Sachet Loans: Nano-Credit For Urgent Financial Needs
As short, convenient lending solutions, sachet loans—also referred to as nano-credit or bite-sized loans—have grown in favor. These loans have…
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BUSINESS
Religare Enterprises’ petition for insolvency is dismissed by the NCLT
On Tuesday, the National Company Law Tribunal (NCLT) rejected a request to begin insolvency proceedings against Religare Enterprises Ltd., noting…
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