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Bank Holidays in January 2023: Banks to remain closed on THESE days - Check full list
Thu, Dec 22, 2022
Bank Holidays in January 2023 India: Several bank branches will remain closed in various states owing to festivities. The banks will remain closed for a total of 15 days in the month of December.
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Wholesale price-based inflation falls to 21-month low: What does this mean? Analysts decode
Wed, Dec 14, 2022
The recently announced CPI inflation came in at 5.88 per cent for November falling below the Reserve Bank of India’s (RBI) upper tolerance levels of 6 per cent for the first time since January 2022.
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India 360: RBI Hikes Repo Rate By 35 Bps To 6.25%; Says Inflation Battle Not Over
Wed, Dec 07, 2022
The Reserve Bank of India (RBI) has increased the repo rate for the fifth consecutive time this year. Today RBI has hiked the repo rate by 35 basis points. RBI increased the repo rate by 0.35% to 6.25. For FY23, the inflation rate has been estimated by RBI at 6.7%. RBI governor Shaktikanta Das said that inflation still remains a matter of concern. To reduce this, steps are being taken by the central bank. Watch this special report on India 360.
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Aapki Khabar Aapka Fayda: How RBI Rate Hike Will Impact Your EMIs? Watch This Special Report
Wed, Dec 07, 2022
The Reserve Bank of India (RBI) has increased the repo rate for the fifth consecutive time this year. Today RBI has hiked the repo rate by 35 basis points. Due to this the repo rate has increased from 5.90% to 6.25%. Repo rate hiked by 2.25% since May. Why will banks make loans expensive? Watch this special report of Aapki Khabar Aapka Fayda.
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Commodities Live: RBI Allows Domestic Entities To Hedge Gold Through IFSC, Watch IIBX, MD & CEO Ashok Gautam's Opinion
Wed, Dec 07, 2022
RBI allowed to hedge gold price risk at the IFSC. How much will the jewellers and gold traders benefit? Watch Mrityunjoy Kumar Jha's exclusive conversation with Ashok Gautam, MD & CEO, IIBX.
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RBI MPC Meeting: Central bank raises repo rate by 35 basis points to 6.25%; sees inflation to stay above 4% in next 12 months
Wed, Dec 07, 2022
RBI MPC Meeting: Since the first unscheduled mid-meeting hike in May earlier this year, the cumulative increase in interest rate now stands at 225 basis points
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Fintechs replacing banks a misconception; CBDC experience so far comforting
Sun, Dec 04, 2022
"It's a misconception to view Fintech entities as a possible replacement to banks," Reserve Bank Deputy Governor T Rabi Sankar said, stressing that these modern age enterprises facilitate banking and are not a competition to banks in anyway.
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Central bank digital currency: Digital rupee a game changer, says SBI Chairman Dinesh Khara
Sat, Dec 03, 2022
SBI Chairman Dinesh Khara on Friday said the Reserve Bank's first pilot project for retail digital rupee is a "game changer" with durable effects that should ensure better monetary transmission at much lesser costs.
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