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Government's Focus On Infrastructure Can Lead To Sustained Revival in Investment: RBI

According to the RBI Monetary Policy Report for April 2024, domestic economic activity remained strong in the first half of 2023-24. ....

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Bank of Baroda raises lending rate by 5 bps starting today. Details here

With the new rates coming into effect, overnight MCLR is 8.10 percent against 8.05 percent earlier. The 3-month MCLR is now 8.45 percent against 8.40 percent earlier. The six-month MCLR is 8.65 per cent against 8.60 percent earlie ....

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RBI rejects 2 more applications for SFB licence

These applicants are Dvara Kshetriya Gramin Financial Services Pvt Ltd and Tally Solutions Pvt Ltd, a release from the RBI said ....

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inflation: Inflation eases below 5% for the first time in five months in March; industrial production rises to a 4-month high

While inflation declined to a 10-month low in March, experts indicate it is unlikely to deter the Reserve Bank of India from lowering rates anytime soon, as it tracks monsoon and other external factors. ....

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RBI Rejects Two Applications for Small finance bank

In case of urban co-operative banks desirous of voluntarily transiting into SFBs, the initial requirement of net worth is Rs 100 crore, which will have to be increased to Rs 200 crore within five years. , Industry News - Times Now ....

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