Reserve Bank of India
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BUSINESS
RBI establishes guidelines for online lenders
In order to guarantee that customers get a fair and transparent transaction, the Reserve Bank of India has revised its…
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BUSINESS
Allotted 1:1 Bonus Shares: NBFC Below Rs 75 Declares 10% Dividend Payout, Resulting in 91% Increase in FY24 PAT
Paisalo Digital, an NBFC, has returned with another incentive after recently awarding 1:1 bonus shares to its investors. 10% of…
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BUSINESS
The RBI warns about the use of prepaid payment cards by unauthorized organizations
On Thursday, the Reserve Bank of India (RBI) issued a warning to the public about prepaid payment instruments that have…
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BUSINESS
6.6% growth in India; government programs to improve productivity and employability: Deloitte
Deloitte India projected India’s GDP growth at 6.6% for the current fiscal year on Friday, sending a positive message about…
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BUSINESS
As Q4 results fell short of expectations, Bajaj Finance shares fell more than 7%; these are the best brokerage methods
The day Bajaj Finance revealed its Q4 data was Friday, April 26, and the stock saw a decrease of more…
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BUSINESS
IndusInd Bank’s Q4 earnings increased by 15%
Due in part to stronger core and other income growth, private sector lender IndusInd Bank reported a 15% year-over-year (y-o-y)…
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BUSINESS
RBI orders banks to monitor forex trading more closely and notify ED of any unauthorized activity
In response to reports of some companies engaging in illicit currency trading, the Reserve Bank of India (RBI) has sent…
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BUSINESS
India has enough foreign exchange reserves to meet its anticipated imports for 11 months
The Monthly Economic Review report from the Department of Economic Affairs under the Ministry of Finance states that 11 months’…
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BUSINESS
RBI issues a warning about illicit firms in the currency market
Mumbai: On Wednesday, the Reserve Bank of India (RBI) sent out a warning to Indian citizens about unapproved companies that…
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BUSINESS
RBI directs Kotak Bank to cease accepting new clients for credit cards, internet banking, and mobile banking
With immediate effect, the Reserve Bank of India ordered Kotak Mahindra Bank “to cease and desist, from onboarding new customers…
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