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  RBI announces measures for international trade settlement in rupees

  Business | July 11, 2022 22:57 IST

  Apex exporters' body Federation of Indian Export Organisations (FIEO) said as per existing FEMA provisions, the final settlement has to be in free foreign exchange except for Nepal and Bhutan.

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  HDFC and HDFC Bank merger proposal gets RBI nod

  Business | July 05, 2022 10:22 IST

  The merger proposal of HDFC and HDFC Bank remains subject to various statutory and regulatory approvals.

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  RBI imposes Rs 1 cr penalty each on Kotak Mahindra Bank, IndusInd Bank

  Business | July 05, 2022 8:23 IST

  The RBI said the penalties are based on deficiencies in regulatory compliance and not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with their customers.

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  Mixed reaction to RBI article warning signs of stress due to high debt in several states

  Business | June 18, 2022 13:46 IST

  "The recent economic crisis in neighbouring Sri Lanka is a reminder of the critical importance of public debt sustainability. The fiscal conditions among states in India are showing warning signs of building stress," it had said.

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  RBI not behind curve; tolerance of high inflation was necessity: Shaktikanta Das

  Business | June 17, 2022 16:18 IST

  RBI Governor Shaktikanta Das said that the central bank in March felt that economic activity was above the pre-pandemic levels and decided to shift focus to curbing inflation.

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  SBI hikes home loan interest rate; EMIs set to go up

  June 15, 2022 10:40 IST

  SBI Home Loan Interest Rate: SBI has revised by up to 0.20 per cent the MCLR, a move that will increase home, auto, and personal loan EMIs.   

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  SBI, PNB increase FD interest rates; Check how much return you will get

  June 14, 2022 15:40 IST

  SBI and PNB announced to hike FD interest rate days after the RBI ramped up efforts to control excess liquidity from the banking system.

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  Fitch expects RBI to raise interest rates to 5.9% by December-end to tide over inflation

  Business | June 14, 2022 13:54 IST

  Last month in an unscheduled policy announcement, the Reserve Bank of India (RBI) raised rates by 40 basis points to 4.4 per cent, and subsequently to 4.9 per cent last week.

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  RBI much ahead in containing inflation: SBI report

  Business | June 14, 2022 13:39 IST

  Core CPI also moderated in May to 6.09 per cent compared to 6.97 per cent in April, as per the SBI's research report 'Ecowrap'. "In recent times, there have been commentaries that have questioned whether RBI has been behind the curve in controlling inflation.

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  Cryptocurrencies pose huge risks to financial stability: RBI Governor

  Business | June 10, 2022 21:05 IST

  Cryptos and other virtual digital assets are unregulated in India and are considered extremely risky.

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  RBI Policy: Now, no OTP needed for auto-debit recurring payments upto Rs 15,000

  Business | June 09, 2022 16:25 IST

  RBI Governor Shaktikanta Das on Wednesday said that the decision is aimed to further augment customer convenience and leverage the benefits available under the framework.

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  UPI payment via credit card: How it will work

  June 09, 2022 11:48 IST

  UPI payment via credit card: Till now, only debit cards connected to savings bank accounts and current accounts are allowed to link up to the UPI platform.

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  Sensex falls 215 points in volatile trade after RBI's rate hike; Nifty below 16,400

  June 08, 2022 16:45 IST

  The 30-share BSE benchmark dropped 214.85 points or 0.39 per cent to settle at 54,892.49. The broader NSE Nifty declined 60.10 points or 0.37 per cent to finish at 16,356.25.

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  RBI rate hike to burn bigger hole in aam aadmi's pocket: How much your EMI will increase - Details

  Business | June 08, 2022 19:07 IST

  RBI's decision to hike the repo rate sets the stage clear for banks, housing finance companies and other lenders to hike the interest rate on all kinds of loans including home and auto.

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  Will ensure availability of adequate liquidity for productive requirements of economy: RBI Governor

  Business | June 08, 2022 13:00 IST

  RBI will remain focused on orderly completion of the government's borrowing programme.

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  RBI allows credit cards to be linked with UPI platform

  Business | June 08, 2022 12:36 IST

  UPI has become the most inclusive mode of payment in India, with over 26 crore unique users and 5 crore merchants onboarded on the platform, RBI Governor Shaktikanta Das said.

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  RBI raises inflation forecast to 6.7% for 2022-2023

  Business | June 08, 2022 12:06 IST

  RBI Governor Shaktikanta Das said the upside risk to inflation persists and the recent spike in tomato prices would fuel food inflation.

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  RBI hikes repo rate by 50 basis points to 4.90% to tame inflation; EMIs set to go up

  Business | June 10, 2022 17:37 IST

  RBI's decision to raise the interest rate is aimed at doubling down the fight to contain inflation that has surged in the last couple of months.

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  Will RBI go for another repo rate hike to beat inflation? Experts speak

  Business | June 07, 2022 13:54 IST

  RBI had in May hiked the repo rate by 40 basis points (bps) to 4.40 per cent amidst rising inflation concerns. This was the first hike after August 2018.

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  Abdul Kalam, Rabindranath Tagore photos on rupee banknote? Here's what RBI says

  India | June 06, 2022 17:12 IST

  There were reports earlier that the Reserve Bank is considering changes to the existing currency and banknotes by replacing the face of Mahatma Gandhi with that of others.