reserve bank of india (rbi)

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    HDFC Bank Chairman Quits Without Specifics, Raising Questions

    HDFC Bank Chairman Atanu Chakraborty Resigns Citing "Values and Ethics" Differences New Delhi/Mumbai, March 19 – HDFC Bank’s non-executive chairman Atanu Chakraborty has resigned abruptly, citing differences over "values and ethics," a rationale the bank described as baffling due to the absence...
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    Rs 5 Trillion Gold Stock Drives India's Expanding Loan Market

    India’s Household Gold Reserves Power Surge in Gold Loans Market Over 34,000 Tonnes of Gold Driving Lending Shift New Delhi, March 19: India’s vast household gold reserves are emerging as a key force reshaping the country’s lending landscape, with gold-backed loans witnessing rapid growth...
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    Currency Update: Rupee at 91.89 Against Dollar

    Rupee Slips to 91.89 Against US Dollar in Early Trade Amid FII Outflows Rupee Opens Weaker in Interbank Market The Indian rupee declined by 4 paise to 91.89 against the US dollar in early trading on Wednesday, pressured by continued foreign institutional investor outflows and geopolitical...
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    Nirmala Sitharaman Says Rising Gold Prices Linked to Global Central Bank Buying; RBI Closely Tracking Imports

    Gold Imports Rise to USD 50 Billion in April to December New Delhi, February 23: Finance Minister Nirmala Sitharaman on Monday said that the recent surge in gold prices is largely driven by significant purchases by central banks across the world. She added that while India’s gold imports are...
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    Bharti Airtel to Invest ₹20,000 Crore to Expand Digital Lending via Airtel Money NBFC

    Mumbai, February 23: Bharti Airtel on Monday announced plans to invest ₹20,000 crore over the next few years to scale up its digital lending operations through its Non Banking Financial Company subsidiary, Airtel Money Limited.The capital infusion signals a major push by the telecom major into...
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    Sitharaman Warns Banks Against Mis-Selling, Calls It a Violation Under Bharatiya Nyaya Sanhita

    Finance Minister Criticises Sale of Unnecessary Insurance Products by Banks New Delhi, February 23: Finance Minister Nirmala Sitharaman on Monday strongly criticised banks for mis-selling financial products, particularly insurance, and said such practices amount to a violation under the...
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    IT Sector Concerns and FII Flows Impact Stock Market Trends

    Mumbai, February 15 – After a sharp decline in benchmark indices, investors will closely monitor global and domestic cues next week, including the minutes of the US Federal Reserve meeting, signals from the Reserve Bank of India (RBI), trends in the IT sector, prices of bullion, and activity by...
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