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Business News: Beware! 600 fake money lending apps operating in India, says RBI report

Beware! 600 fake money lending apps operating in India, says RBI report : Rashtra News Fake Money Lending Apps in India: As many as 600 illegal money lending apps are operating in India, a report by the Reserve Bank of India (RBI) has said. These apps are available on multiple app stores for Android users ....

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Business News: Banks may not be pricing their risks adequately, says new report from SBI Research

Banks may not be pricing their risks adequately, says new report from SBI Research : Rashtra News RBI's policy of providing abundant liquidity may have resulted in banks inappropriately pricing their lending risks, according to a report by SBI's research team. "A back of envelope estimate suggests that the core funding cost of the banking ....

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Mint Explainer: Illegal forex trading platforms and the RBI's warning

RBI said it had noticed misleading ads offering forex trading facilities on over-the-top platforms and gaming apps ....

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India's forex reserves dip by $5.4bn after 8-week rise to lifetime high

India’s foreign exchange reserves fell by $5.4 billion to $643.16 billion as of April 12, according to the latest weekly data released by the RBI on Friday. ....

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forex reserves: India's forex reserves down $5.4 bn to come off all time record high

India s foreign exchange reserves saw a decline of $5.4 billion to $643.16 billion as of April 12, as per the latest data from the Reserve Bank of India (RBI). This followed a surge of $2.9 billion to a record high of $648.56 billion in the previous week. The decline was primarily due to a decrease of $6.51 billion in foreign currency assets (FCAs), which include assets denominated in currencies other than the US dollar. ....

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