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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
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
RBI tells banks to assign 'zero' risk for emergency loans to MSME
The government in May introduced the Emergency Credit Line Guarantee Scheme (ECLGS) for providin…
PTI
RBI firmly focused to bring down inflation to 4%: Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Tuesday said the central bank is firmly focused on bringin…
PTI
With inflation cooling, RBI may slash interest rates by 50 bps this financial year
In a webinar titled ‘Indian Economy FY24 — A Prognosis’, economists at Bank of Baroda said that the…
RBI's digital currency platform data may help enforce black money laws
Finance Minister Nirmala Sitharaman had announced in her budget speech in February that the RBI …
House of cards: Goldman Sachs cuts MSCI China's earnings growth to zero
Goldman Sachs has cut MSCI China index’s earnings forecast to zero as China’s housing bubble inches…
Crypto ads in India will need come with a ‘high risk’ disclaimer from April 1
The Advertising Standards Council of India (ASCI) has set new guidelines for crypto ads in the coun…
IDFC First Bank joins ICICI Bank, Yes Bank and others in stopping services to crypto companies, despite RBI's nudge to ignore its 2018 order
IDFC First Bank isn't the only one to keep its distance from the volatile markets. ICICI Bank,…
What is reverse repo rate and why did the RBI cut it twice in 21 days?
RBI cut reverse repo rate twice in the last 21 days as the Indian economy came to a virtual stan…
Lack of crypto regulation in India is pulling the savings of millions at risk, according to Supreme Court advocate
According to Dr Pavan Duggal, a seasoned Supreme Court advocate and a cyber law expert, if Indians …
There is risk aversion at borrowers' end, says SBI Chairman
The main objective of the scheme is to provide an incentive to member lending institutions (MLIs) l…
PTI
Yes Bank placed under moratorium; RBI supersedes board
"The Reserve Bank came to the conclusion that in the absence of a credible revival plan, and in pu…
PTI
Limit ATM cash withdrawals to ₹5,000 and increase ATM charges, an RBI committee reportedly recommends
Currently, customers can withdraw ₹10,000 in a single transaction and ₹20,000 in a day from a St…
Without RBI’s help, Rupee value might slump to 80 per dollar says report
“Flight from risk and associated capital flows out of India are piling downward pressure on the …
SBI statement on proposed Yes Bank bailout is far from reassuring
Before the Reserve Bank of India put in a limit of ₹50,o00 on withdrawals by depositors in Yes Ban…
Nippon India Mutual Fund marks down its investment in Yes Bank to zero
"A limit on new applications, switch-ins, systematic transfer plans, systematic investment plans wi…