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Mumbai: ‘Scrapped Aarey machinery could be turned into art installation’
With government issuing tender for sale of unused machinery lying in Aarey dairy, last vestiges of yet another iconic ...
RBI to delay digital deposit buffer mandate for banks by a year, says governor Sanjay Malhotra
The RBI in July had proposed that all banks should set aside an extra 5% ‘run-off-factor’ on digitally accessible retail ...
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
India central bank to stagger new banking regulations for smooth transition, governor says
The Reserve Bank of India (RBI) will defer the implementation of three proposed crucial banking regulations, giving lenders ample time to prepare for the changes, the central bank governor said on ...
RBI Monetary Policy Meeting Highlights: Repo rate cut, concerns about inflation and GDP; Here are all the important announcements
The Reserve Bank of India reduced the repo rate by 25 basis points, lowering it to 6.25%, under the leadership of new ...
Mid Day1d
Repo rate reduction set to benefit first-time homebuyers and real estate, says Anuj Puri of ANAROCK Group
Anuj Puri comments on the RBI’s repo rate cut and its potential to stimulate the housing market, particularly for first-time ...