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COVID-19 was the biggest test for the Indian banking sector as it exacerbated pre-existing challenges. The sector was already burdened with substantial bad loans, and the pandemic further pushed ...
The Reserve Bank of India (RBI) is set to launch a central bank digital currency (CBDC), also called Digital Rupee, in 2022-23. The announcement was made by Union Finance Minister Nirmala Sitharaman.
Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster adoption, fintech companies like CRED and MobiKwik are introducing CBDC ...
RBI MPC Meet: The Reserve Bank of India (RBI) will kick off its first monetary policy review meeting of financial year 2025-26 on Monday, April 7. The three-day deliberation by the Monetary Policy ...
RBI April 9 Repo Rate Highlights: The MPC’s stance reflects cautious optimism ,says Rohit Garg, CEO and Co-Founder, Olyv The RBI’s 25 bps repo rate cut is a clear signal to support growth ...
We are at a situation where we will need every support both from the RBI and from the (finance) ministry.’ RBI’s new gold loan rules: From standardised procedure to uniform documentation ...
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In early April 2025, global financial markets were jolted by a sharp and unexpected escalation in trade policy. US President Donald Trump announced sweeping reciprocal tariffs targeting nearly ...
RBI Repo Rate Cut, RBI Monetary Policy Meeting 2025 Today Live Updates: RBI Governor Sanjay Malhotra announced a 25 basis point cut in policy repo rate on Wednesday, saying the central bank is ...
RBI Cuts Repo Rate By 25 Bps: Interest rates on home, personal, vehicle loans and deposit rates are set to come down in the coming days with the Reserve Bank of India’s (RBI) six-member Monetary ...
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