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Cardless cash deposits via UPI apps: Everything you may want to know

After enabling cardless withdrawals at ATMs late last year, the Reserve Bank of India has now enabled cash deposits into cash deposit machines via third-party UPI apps. ....

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RBI Monetary Policy Committee: Consumer confidence in India surges to highest level since mid-2019: RBI survey

A recent RBI survey shows that consumer confidence in India has surged to its highest level since mid-2019. Respondents expressed optimism about the current economic situation and future expectations. The survey also highlighted bright prospects for investment activity, with capacity utilisation in the manufacturing sector on the rise. The RBI MPC has decided to keep the repo rate unchanged at 6.5 percent. ....

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Is this the last chance to lock your money in fixed deposits? Here are 4 key reasons

Since inflation is seen to be under control, Reserve Bank of India (RBI) is likely to reduce its interest rate in the monetary policy committee meeting scheduled in the next quarter. Following that, interest rates on fixed deposits would see a decline too. ....

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RBI MPC repo rate: Status quo for the 7th time? RBI MPC may not let rains ruin repo rate, stance this time around

The RBI MPC is expected to maintain the repo rate at 6.5 per cent, focusing on withdrawal of accommodation stance, as per economists. If the RBI sticks to the current rates, it will mark the seventh consecutive time the key lending rate remains unchanged. RBI Governor Shaktikanta Das will reveal the outcome of the bimonthly meeting that began on April 3, with the decision scheduled for April 5 at 10 am. ....

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