March 11, 2025
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Tag: Reserve Bank of India

Authorities Seemingly To Increase Deposit Insurance coverage Restrict From Rs 5 Lakh – How Does DICGC Insurance coverage Assist Depositors In Circumstances Of Financial institution Fail? | Private Finance Information

Authorities Seemingly To Increase Deposit Insurance coverage Restrict From Rs 5 Lakh – How Does DICGC Insurance coverage Assist Depositors In Circumstances Of Financial institution Fail? | Private Finance Information

Newz Baba03 mins

Mumbai: The federal government is “actively contemplating” elevating the deposit insurance coverage restrict past the present Rs 5 lakh, a high finance ministry official mentioned on Monday. Days after the New India Co-operative Financial institution rip-off got here to mild, Division of Monetary Companies Secretary M Nagaraju introduced that such a proposal is within the…

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Will banks be open on March 31, 2025? Right here’s what the most recent RBI path says

Will banks be open on March 31, 2025? Right here’s what the most recent RBI path says

Newz Baba03 mins

Are banks open on March 31, 2025? March 2025 financial institution holidays: RBI has directed all company banks dealing with authorities transactions to stay operational on March 31, 2025 (Monday), regardless of it being a vacation in a number of states. This measure ensures correct monetary reporting for FY 2024-25 by recording all transactions throughout…

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Prospects specific concern about deposits as RBI imposes restrictions – India TV

Prospects specific concern about deposits as RBI imposes restrictions – India TV

Newz Baba06 mins

Picture Supply : FILE New India Co-Operative Financial institution chaos: Prospects specific concern about deposits as RBI imposes restrictions A number of prospects expressed concern as they gathered exterior Mumbai-based New India Co-operative Financial institution on Friday, a day after Reserve Financial institution banned the financial institution from issuing new loans and suspended deposit withdrawals…

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India’s central financial institution doubles bond buy to handle liquidity deficit, ETCFO

India’s central financial institution doubles bond buy to handle liquidity deficit, ETCFO

Newz Baba03 mins

Mumbai: Reserve Financial institution of India (RBI) Governor Sanjay Malhotra together with Deputy Governors M. Rajeshwar Rao, Swaminathan Janakiraman and T. Rabi Sankar MUMBAI – India’s central financial institution on Monday stated it’ll double the quantum of safety purchases below its subsequent tranche of open market operation on February 13 to handle the liquidity deficit…

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Finance Minister Nirmala Sitharaman says earnings tax and RBI fee reduce will increase financial system: Report

Finance Minister Nirmala Sitharaman says earnings tax and RBI fee reduce will increase financial system: Report

Newz Baba04 mins

The earnings tax reduction which the Finances 2025 supplied, coupled with the Reserve Financial institution of India’s (RBI) repo fee reduce will increase restoration in consumption within the financial system, a report by information company ANI quoted Finance Minister Nirmala Sitharaman as saying. Union Finance Minister Nirmala Sitharaman throughout an interview with PTI, in New…

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RBI Units Up Working Group To Assessment Buying and selling, Settlement Timings Of Monetary Markets | Financial system Information

RBI Units Up Working Group To Assessment Buying and selling, Settlement Timings Of Monetary Markets | Financial system Information

Newz Baba04 mins

New Delhi: The Reserve Financial institution of India (RBI) on Friday arrange a 9-member Working Group to undertake a complete evaluate of buying and selling and settlement timing of monetary markets.  The RBI identified that over the previous few years, there have been a number of developments together with elevated electronification of buying and selling,…

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RBI Might Reduce Repo Price By 50 Foundation Factors To Increase Economic system: ASSOCHAM | Economic system Information

RBI Might Reduce Repo Price By 50 Foundation Factors To Increase Economic system: ASSOCHAM | Economic system Information

Newz Baba03 mins

New Delhi: The Reserve Financial institution of India (RBI) is anticipated to chop the benchmark coverage repo charge, which stands at 6.50 per cent, by at the least 50 foundation factors, to assist financial development, a prime business physique stated on Thursday. To assist the financial system tide over the disaster following the Covid-19 pandemic,…

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