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    Reserve Bank Of India

    Reserve Bank Of India

    The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India.

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    Govt puts nominal GDP growth at 10% for FY21
    National

    Govt puts nominal GDP growth at 10% for FY21

    The government has pegged nominal GDP growth at 10 per cent for FY21 in the Budget presented by Finance Minister Nirmala Sitharaman here on Saturday.

    Govt pegs lower RBI dividend at Rs 60,000cr for FY 21
    National

    Govt pegs lower RBI dividend at Rs 60,000cr for FY 21

    The government has budgeted for lower dividend from the central bank and state-run lenders in the coming fiscal year, relying exclusively on an ambitious disinvestment target for resource mobilisation.

    PIL in Delhi HC seeks direction to ensure online banking accessibility to visually impaired
    National

    PIL in Delhi HC seeks direction to ensure online banking accessibility to visually impaired

    A public interest litigation (PIL) was moved in the Delhi High Court seeking direction to the union of India to ensure accessibility of online and technology-based banking services to visually impaired people.

    Short-term inflation rise doesn't lead to growth: Expert
    Business

    Short-term inflation rise doesn't lead to growth: Expert

    The classical economic theory of high inflation leading to the gross domestic product (GDP) growth will not be applicable to India even if the retail inflation has touched 7.35 per cent, since the price rise is led by highly volatile food and vegetables and is a short-term spike.

    Bengaluru private bank depositors demand explanation
    National

    Bengaluru private bank depositors demand explanation

    Thousands of Sri Guru Raghvendra Sahakara Bank depositors on Monday thronged the Sri Guru Narasimha Kalyanamandira auditorium to seek clarification and assurance on the safety of their deposits.

    Bengaluru bank chairman says depositors money safe
    Business

    Bengaluru bank chairman says depositors money safe

    At a public meeting here of thousands of worried bank customers, Sri Guru Raghavendra Sahakara Bank Chairman K. Ramakrishna on Monday said that depositors' money with the bank is "one hundred per cent safe".

    Most Ind optimistic about economy, says poll
    National

    Most Ind optimistic about economy, says poll

    Ind continue to have positive views of the nation's economy even though the growth parameters have plummeted to six-year lows and unemployment and price rise continue to affect common citizens, according to -CVOTER State of the Nation Poll 2020.

    India's Q2 current account deficit narrows to $6.3 bn
    Business

    India's Q2 current account deficit narrows to $6.3 bn

    Lower trade deficit, along with higher remittances, aided in narrowing India's current account deficit to $6.3 billion in Q2 of 2019-20.

    Inflation still at benign stage: Finance Secretary
    National

    Inflation still at benign stage: Finance Secretary

    The current inflationary trend was still at a benign stage, said Finance Secretary Rajeev Kumar, here on Monday.

    Inflation data, stagflation concerns to steer equity indices (Market Outlook)
    Business

    Inflation data, stagflation concerns to steer equity indices (Market Outlook)

    Concerns over Stagflation as well as macro-economic wholesale inflation data and global liquidity flows will determine the key equity market moves during the upcoming week, experts said.

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