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In its statement, the RBI emphasised that depositors should not react to speculative reports, as the bank’s financial position remains sound and is under its close monitoring
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The design of these notes is similar in all respects to Rs 100 and Rs 200 banknotes in Mahatma Gandhi (New) Series, RBI said in a statement
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Lender’s stocks plunge over 26 per cent eroding Rs 14,000 crore in market value on March 11, net worth expected to decline by nearly Rs 2,100 crore
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There cannot be such cut, copy and paste... There has to be some application of mind, says Bombay High Court slamming banks for passing orders declaring accounts as ‘defaulter’ or ‘fraud’
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The revised rates apply to home loans, car loans, education and personal loans, among others
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The bank has been barred from accepting new deposits or allowing withdrawals, leaving account holders in distress
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The bank has kept the repo rate unchanged at 6.5 per cent since February 2023; the last time the RBI had reduced the rate was during Covid times and thereafter, it was gradually raised to 6.5 per cent
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Post the FDI nod, company awaits RBI approval for aggregator licence
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This massive borrowing spree is likely to not only shatter the State's budgetary estimates but also push its debt burden perilously close to the liabilities Telangana inherited at its formation in 2014
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The RBI had announced the withdrawal of Rs 2000 notes on May 19, 2023 and the circulation of notes has drastically come down from Rs 3.56 lakh crore to Rs 6,691 crore as of December 31, 2024
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Building institutions with compassionate leadership is also crucial to retaining and nurturing talent
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Forex traders say the rupee is likely to remain in a weakening mode due to significant dollar demand
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In order to raise funds to the tune of Rs. 10,000 crore, the Telangana government has sought an approval from the RBI to mortgage 400 acres of TGIIC lands in Kokapet and Raidurg
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Apparently written in the Russian language, the email was sent to the official website of the Central Bank on Thursday afternoon, threatening to blow up the building with explosives
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Citing RBI's latest report "Handbook of Statistics on Indian States 2023-24," Harish said the data exposed Congress’s lies and validated the transformative progress achieved during KCR's decade-long governance
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In its latest report "Handbook of Statistics on Indian States", the Reserve Bank of India (RBI) has debunked the Congress government's claims of Telangana's Rs.7 lakh crore debt, lending credence to assertions by the BRS.
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The CRR has been reduced from 4.5 per cent to 4 per cent. This is the first time since March 2020 that the CRR has been cut
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The victory in the zonal round has earned the OMC doctors a spot in the national round of the RBI90 Quiz, scheduled for December 6, 2024, in Mumbai. Teams from PES University, Karnataka, and Mar Ivanois College, Kerala, secured second and third places, respectively, in the zonal competition. The top three teams received prizes of Rs 5 lakh, Rs 4 lakh, and Rs 3 lakh.
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"Reserve Bank of India Governor Shaktikanta Das experienced acidity and was admitted in Apollo Hospital, Chennai for observation,” said an RBI spokesperson
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The UPI hit a milestone of 16.6 billion transactions in a month in October, with improvements in its capabilities like successful instant debit reversals at 86 per cent (77 per cent in the same month last year)