The Economic Survey of India 2024-25, presented on January 31, 2025, provides an in-depth assessment of the country’s economic performance and forecasts for the...

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Intellect to assume digital banking operations of Central 1, Canada

PJdesk - 24/01/2025 0

Vancouver (BC), Toronto (ON), Chennai (India), January 23, 2025: Central 1 Credit Union (Central 1) and Intellect Design Arena Ltd. (Intellect) today announced the signing of an agreement in which...

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HDFC Bank Reports Q3 FY25 Results: Net Profit Rises 2.2% YoY, over 8% steady growth In NII

PJdesk - 22/01/2025 0

India’s largest private sector lender, HDFC Bank, has announced its financial results for the third quarter of FY25, reporting a 2.2% year-on-year (YoY) increase...

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RBI cancels Certificate of Registration of X10 Financial Services Limited due to irregular lending practices

PJdesk - 22/01/2025 0

The CoR has been cancelled by RBI as the company has violated RBI guidelines on code of conduct in outsourcing of financial services in...

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RBI updates FEMA regulation to boost cross-border rupee transactions

PJdesk - 17/01/2025 0

To promote the increased use of the Indian Rupee (INR) in trade transactions, the Reserve Bank of India (RBI) introduced the Special Rupee Vostro...

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RBI levies monetary penalties on 4 Co-operative Banks for breaching regulatory norms

PJdesk - 30/12/2024 0

Mumbai, December 30, 2024: The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for non-compliance with regulatory norms. The...

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RBI MPC Update: Repo rate likely to remain unchanged as inflation concerns take precedence

PJdesk - 02/12/2024 0

The Reserve Bank of India (RBI) is expected to maintain its key policy repo rate at 6.5% during the Monetary Policy Committee (MPC) meeting...

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RBI imposes monetary penalty on The Sathamba People’s Co-operative Bank Ltd

PJdesk - 12/11/2024 0

The Reserve Bank of India (RBI) has, by an order dated November 05, 2024, imposed a monetary penalty of ₹50,000 (Rupees Fifty thousand only)...

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Poland Boosts Support to the World Bank’s International Development Association, fund for low-income countries

PJdesk - 08/11/2024 0

The Government of Poland has pledged to increase its contribution to the World Bank’s IDA by 100% compared to its previous IDA contributions, demonstrating its...

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Credit growth to moderate, asset quality pressure to rise: ICRA

PJdesk - 26/10/2024 0

Ratings agency ICRA anticipates the slew of regulatory measures and tighter funding conditions in the domestic markets to result in a steady slowdown in...

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RBI keeps Repo Rate steady at 6.5%, shifts policy stance to “Neutral”

PJdesk - 09/10/2024 0

At the October 9, 2024, meeting of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), the central bank decided to keep the...

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IFC Partners with Axis Bank to Provide a $500 million Climate Loan in India

PJdesk - 08/10/2024 0

The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution, is partnering with Axis Bank, one...

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Cathay United Bank gains approval from Taiwan FSC to establish a branch in India

FIU-IND and RBI sign MoU for enhanced coordination and information exchange

RBI projects 6.5% GDP growth for FY 2025-26

RBI shifts gears in anticipation of growth concerns due to trade wars & uncertainty: SAMCO Securities

RBI MPC Live: The central bank has reduced the repo rate by 25 basis points to 6%.

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Icon Facilitators’ IPO opens for subscription on Tuesday, June 24; price band fixed at ₹85 – ₹91

As momentum set to become market flavour, SAMCO MF now launches large & Mid-Cap Fund to combine stability with growth

Ant International pushes AI strategy with AI platform for Fintechs

A Large Proportion of Indian HNIs are NOT Saving Enough: Survey

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