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The privatisation of IDBI Bank has been stalled for over three years, after the government and LIC invited expressions of interest in October 2022 to sell a combined 60.72 per cent stake
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The government informed the Rajya Sabha that the famed collection of Nizam’s jewels, comprising 173 pieces, continues to be safeguarded under a high-security custodial arrangement with the Reserve Bank of India. The jewels, stored in RBI vaults since 1995, remain a matter of public sentiment in Hyderabad.
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The RBI has warned that Telangana’s rising debt and fiscal deficit could make the State’s finances vulnerable. Reliance on market borrowings, weak sinking fund reserves, and slower revenue growth have raised concerns about long-term sustainability and repayment capacity.
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Bank employees and officials in Mancherial held a rally demanding the implementation of a five-day work week, a long-pending request agreed upon by the union government in March 2024. Employees cited stress due to digitalisation, workload, target pressure, and staff shortage
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Ministry of Home Affairs' 'kill switch' and RBI's insurance proposals to combat digital arrest scams and protect customers deserve serious consideration
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India’s banking system enters 2026 stronger than ever—lower NPAs, higher capital buffers, and RBI-backed liquidity. But tougher norms will test resilience
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Maintaining financial stability and strengthening financial system remain RBI north star, says Malhotra in his foreword in the latest edition of RBI Financial Stability Report
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Former Andhra Pradesh CM YS Jagan Mohan Reddy has dismissed allegations by TDP and JSP that Brand AP was destroyed under YSRCP rule, citing RBI statistics that place Andhra Pradesh at the top in South India for manufacturing and industry growth between 2019-24. He argued that the data proves the state’s economy was booming.
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Hyderabad Police Commissioner V.C. Sajjanar has cautioned citizens against a new cyber scam in which fraudsters misuse the RBI’s UDGAM portal name to lure victims with fake claims of unclaimed bank deposits.
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The RBI and Hyderabad Cybercrime Police have issued alerts warning citizens about fake messages claiming to help recover unclaimed deposits. Officials stressed that only the UDGAM portal should be used and urged the public not to click suspicious links or share personal details.
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Driven by festive spending, UPI transactions hit an all-time high of Rs 27.28 lakh crore in October, up 16 per cent year-on-year, according to NPCI. With 20.7 billion transactions, UPI continues to dominate India’s digital payments landscape and expand globally
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According to RBI data, Rs 2,000 denomination banknotes worth Rs 5,817 crore remain in circulation. Since their withdrawal announcement in May 2023, 98.37 per cent of the notes have been returned. The Rs 2,000 notes continue to be legal tender, the RBI clarified.
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The Enforcement Directorate has booked several Full Fledged Money Changers in Hyderabad for operating without valid RBI licences. Despite surrendering their licences earlier this year, some firms continued illegal forex operations using forged documents.
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The Reserve Bank of India kept the repo rate unchanged at 5.5% for the second consecutive time, citing tariff uncertainties. Governor Sanjay Malhotra highlighted risks to growth despite easing retail inflation, which fell to a six-year low in August
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Telangana is poised to reach a record Rs.16,000 crore in market borrowings this September, with another Rs. 4,000 crore auction scheduled on RBI’s e-Kuber platform. Having already exhausted 92% of its annual borrowing limit, the State faces mounting concerns from financial analysts over its fiscal sustainability.
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The true performance of central banks lies in stability, credibility, and independence — not profits or losses
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The fresh borrowings will push Telangana's total debt in the first five months of the current financial year beyond 50 per cent of the budgeted figure.
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The Reserve Bank of India has approved the reappointment of former Deputy Governor R. Gandhi as Yes Bank’s part-time chairman from September 2025 to May 2027. Gandhi, a veteran central banker with 37 years’ experience, previously served in RBI, SEBI, and IDRBT
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RBI pause reflects a wait-and-watch approach amid global uncertainties and the impact of the previous rate cuts
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The Justice PC Ghose Commission accused KLIP officials of irregularities in awarding contracts and bypassing protocol, but the State defended the project, stating assets worth over ₹80,000 crore are operational