Reserve Bank of India
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NATIONAL
Per experts, India’s GDP might grow by 7% in the second quarter of FY24
Based on strong economic fundamentals, India’s GDP might grow by about 7% in the second quarter of FY24, according to…
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BUSINESS
RBI Allows Direct Credits of Up to Rs 2,000 in Note Deposits via the Postal Service
For those who haven’t deposited or exchanged their Rs 2,000 banknotes, the Reserve Bank of India (RBI) has introduced a…
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BUSINESS
Send Rs 2,000 notes to the RBI by postal mail for a direct bank account credit; see details here
For credit in their bank accounts, people may mail their Rs 2,000 banknotes to designated Reserve Bank regional offices via…
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BUSINESS
For Rs 4,051 crore, Zurich Insurance will purchase a 51% share in Kotak Gen Insurance
According to its parent company Kotak Mahindra Bank, Switzerland-based Zurich Insurance is scheduled to pay Rs 4,051 crore to purchase…
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BUSINESS
In response to media allegations, the ED and EOW launch investigations into the rush to swap Rs 2,000 currency notes
The rapid influx of persons in exchange for Rs 2000 notes sparked many concerns, and officials from the Economic Offense…
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BUSINESS
Akhil Handa, Head of Digital Lending at Bank of Baroda, Resigns
Akhil Handa, the head of Bank of Baroda’s digital lending division, resigned a few days after the Reserve Bank of…
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BUSINESS
RBI Governor Refers To The “Impatient Generation” and Maintains A Close Watch On Its High Attrition In Pvt Banks
Reserve Bank of India Governor Shaktikanta Das said on Tuesday that the bank is “closely” examining the “high” attrition rate…
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BUSINESS
Headwinds face the rupee
The demand for dollars has strengthened due to increased crude oil prices globally and higher yields on US Treasuries, which…
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BUSINESS
Amidst celebrations, consumer spending soars, with UPI transactions rising by 40% in October
According to a survey, sales at online retailers like Amazon and Flipkart increased by over 5% in the first week…
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BUSINESS
What Are The RBI Portal’s Floating Rate Savings Bonds 2020 and How Do Invest?
In an effort to provide more investment options for private investors, the Reserve Bank of India (RBI) has expanded the…
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