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Can An Old Rs 100 Currency Note Really Be Sold for Rs 5 Lakh Online?

A viral post circulating online claims that an ordinary Rs 100 banknote can be sold for up to Rs 5 lakh if it meets certain conditions...
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RBI Takes Action Against Major Bank, Imposes Rs 61.95 Lakh Penalty

The RBI acts as a vigilant and strict supervisor in the banking system, taking swift action whenever banks violate rules or guidelines. ...
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HDFC, PNB and Others Drop Loan Rates After RBI Cut—Compare New Rates and Find the Cheapest Option

The month of December has brought relief for those who are preparing to buy a house. RBI reduced the repo rate by 25 basis points in its monetary policy....
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Buying a Home or Car Just Got Cheaper: EMIs Cut, Big Annual Savings Ahead

RBI cut the repo rate by 0.25 percent on Friday. As soon as this decision came, relief was clearly visible on the faces of lakhs of people taking home loans, auto loans, and personal loans....
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RBI Cuts Repo Rate by 25 bps to 5.25%, Offering Relief to Borrowers

RBI took a decision this morning, which will have a direct impact on both the pockets of the common people and the speed of the market. ...
RBI To Cut Policy Repo Rate By 25 bp On December 5: HSBC

RBI To Cut Policy Repo Rate By 25 bp On December 5: HSBC

According to the report, India’s growth has held up decently despite the 50 per cent reciprocal tariff on India's exports by the US since August....
BUSINESS

Nine Years After Demonetisation, India Still Debates Its Real Impact on Common People and Economy

On 8 November 2016, India saw a sudden announcement removing 500 and 1000 rupee notes from circulation. The decision changed daily life, business, and...
Bank Loan

Will Private Bank Loans Rise After RBI’s ECL Rule? HDFC & ICICI to Feel the Impact!

Recently, the Reserve Bank of India (RBI) made a significant decision regarding private banks. Under this, the Expected Credit Loss (ECL) rules will c...
RBI

Instant Cheque Clearance: RBI’s New Rule Makes Same-Day Clearing Mandatory

Starting today, Cheque clearing times at banks have been reduced. The Cheque will now be cleared the same day you deposit it, and the amount will be...
RBI Governor Sanjay Malhotra Clarifies UPI transactions statement

RBI Governor Sanjay Malhotra Clarifies UPI transactions statement

In his response to the press, the RBI governor said, “Currently, we have no proposal to impose any charges on UPI transactions...”...
Repo rate unchanged at 5.5%: RBI Governor Sanjay Malhotra

Repo rate unchanged at 5.5%: RBI Governor Sanjay Malhotra

After a three-day long RBI MPC Meeting, RBI kept the repo rate unchanged at 5.5 per cent, while the monetary policy remains “neutral.” ...
Bank Holiday

Bank Holiday Today: Which States Are Observing Eid-e-Milad and Onam, See Complete RBI List

Today, when people go to the bank in many parts of the country, they may find closed shutters. The reason is that festivals like Eid-e-Milad and Onam...
business

India's treasury got huge wealth; this is the condition of poor Pakistan

Good news has come once again from the Reserve Bank of India. In the week ending on August 15, India's foreign exchange reserves have increased by $1....
– India's forex reserves currently at $693.6 billion, inching towards fresh all-time high

India’s Forex Reserves Soar to $693.6 Billion, Closing in on Record High

The reserves remain close to the all-time high of USD 704.89 billion. RBI Governor Sanjay Malhotra said the reserves are sufficient to cover 11 months...
₹27,000 Crore Government Securities Auction Fully Subscribed

Centre Raises ₹27,000 Crore Through Bond Auction; States Mobilise ₹26,900 Crore via SGS

Maharashtra led with ₹6,000 crore, while Andhra Pradesh, Uttar Pradesh, and others also contributed significant amounts....

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