Reserve Bank of India
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BUSINESS
Kotak Bank to Stop Accepting New Customers Through Online and Mobile Banking on April 24; RBI Issues Prohibition
The RBI, the top bank in India, has prohibited Uday Kotak from accepting new clients via its online and mobile…
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BUSINESS
Trade Setup: Q4 Earnings Are the Main Focus, Nifty Maintains Winning Streak Ahead of April F&O Expiry
For the fourth day in a row, the Nifty index continued to rise, exhibiting a trend of hitting intraday highs…
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BUSINESS
RBI Grants PayU Approval in Principle to Function as a Payment Aggregator
PayU, a prominent supplier of digital financial services in India, has said that it has obtained the Reserve Bank of…
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BUSINESS
Kotak Mahindra Bank is prohibited by RBI from accepting new customers via online and mobile banking
The Reserve Bank of India (RBI) on Wednesday barred private sector lender Kotak Mahindra Bank from onboarding new customers through…
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BUSINESS
Announced SGB Premature Redemption: You Can Redeem These Sovereign Gold Bonds Right Now
The SGB 2017–18 Series IV and SGB 2018–19 Series II Sovereign Gold Bond series are being prematurely redeemed, according to…
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BUSINESS
RBI grants PayU permission to function as a payments aggregator in principle
PayU, a supplier of digital financial services, stated on Tuesday that it has been granted permission by the Reserve Bank…
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BUSINESS
RBI increases the minimum capital needed for ARCs to start securitizing to Rs 300 crore
The Reserve Bank of India (RBI) made a big announcement on Wednesday when it published a combined master directive for…
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BUSINESS
RBI Releases SGB Early Withdrawal Price of Rs 7,325 Per Unit and Premature Redemption Prices
The fixed rate for the early redemption of sovereign Gold Bonds (SGB) from the 2017–18 Series IV and 2018–19 Series…
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BUSINESS
RBI Issues Master ARC Guidelines: Learn About New Rules That Take Effect on April 24
The asset reconstruction companies (ARCs) master directive was announced by the Reserve Bank of India (RBI) on April 24. The…
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