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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
RBI to hold rates, may sound more confident of reaching inflation target, says report
The rate-setting panel may prefer to stick to the 'withdrawal of accommodation' stance of the mon…
PTI
RBI to come up with unified regulatory framework on connected lending
The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements
UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…
RBI Governor asks fintech players to form self regulatory organisation
Fintech players should form a self regulatory organisation for an orderly growth of the industry th…
PTI
Surge in top-up housing loans not system-wide issue, says RBI Governor
Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…
PTI
Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey
Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…
PTI
Fintech repository to be set up by April 2024, says Shaktikanta Das
The Reserve Bank of India (RBI) has proposed the establishment of a fintech repository. “This will …
RTGS fund transfer system will be available 24x7 in the next few days, says RBI
Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a wee…