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Rbi Brings Bank Of India

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Eliminate online betting, gambling apps, YSRCP MP urges govt

A strong demand was made in the Lok Sabha on Wednesday to eliminate online betting and gambling applications that keep mushrooming under new names to bypass government controls. IMAGE: YSR......

NDMA Plans 300 More Heat Action Plans as Mercury Rises

States are mandated to develop and implement 'heat HAPs' for prevention of heat-induced diseases. But most do not go beyond standard advisory on heat prevention. IMAGE: Women covering themselves......

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

Who Did RBI Governor Vote For?

Scenes from polling stations in Mumbai which voted in the Lok Sabha election on Monday, May 20, 2024.     IMAGE: Reserve Bank of India Governor Shaktikanta Das and his family show their......

Jaitley had defended anonymity of electoral bonds

Years before the Supreme Court struck down as 'unconstitutional' an opaque political funding tool that allowed individuals and companies to donate money to political parties anonymously and without......

CD rates top 8% for smaller banks amid banking system liquidity tightness

Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd......

RBI brings Bank of India under corrective action

The RBI has initiated a 'prompt corrective action' against Bank of India for mounting bad loans, placing various restrictions on it including issuing of fresh loans and dividend distribution, BoI......

What fintechs must do to scale up presence of e

Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the......

Banking system liquidity surplus touches Rs 1 trn, shows RBI data

While liquidity in the banking system has turned surplus in the last few weeks, it could go back to deficit again, mainly due to corporate advance tax outflows. Illustration: Uttam......

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra’s first monetary policy committee (MPC) meeting on......

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