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EC seeks higher cash withdrawal limit for candidates

The Election Commission on Thursday requested the Reserve Bank of India to enhance the weekly cash withdrawal limit of candidates contesting polls in five states to Rs 2 lakh from the Rs 24,000......

Modi to launch India Post Payments Bank on August 21

The Department of Posts was one of the 11 entities to get the in-principle nod from the Reserve Bank of India in 2015 for setting up a payments bank. Prime Minister Narendra Modi will launch India......

RBI rate hike a 'win-win' situation for markets, banks, says SBI report

The SBI report ruled out a October rate hike The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a "win-win" situation for both markets......

This is how the new Rs 100 note looks like

Dimension of the banknote will be 66 mm x 142 mm, making it smaller than the current Rs 100 notes. The Reserve Bank on Thursday said it will soon issue new Rs 100 notes in lavender colour having......

What's holding up launch of WhatsApp Payments in India

The company was awaiting clarification from the Reserve Bank of India on data storage before it took a final call on data localisation. Even as speculation continues around the launch of WhatsApp......

Nirav Modi scam: PNB's total liability = Rs 14,357 crore

The Reserve Bank has permitted PNB to make provisions against the fraud amount. Punjab National Bank said on Tuesday that its total liability works out to Rs 14,356.84 crore on account of the......
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Sensex swings 1500 points, closes 280 points lower

Mumbai: High volatility, following a likely credit crisis in the infrastructure lending and development sector, dragged the market in the red, with... ...

http://www.sify.com/finance/sensex-swings-1500-points-closes-280-points-lower-news-sensex-sjvrN5ifbidja.html
Sensex Slumps Over 275 Points; Realty and Banking Stocks Witness Selling

Posted by Equitymaster After trading on a volatile note throughout the day, share markets in India witnessed selling pressure during the closing... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/d5Z8UrsUeQ4/tm.asp
Study

Weakness in the rupee does not offer a sufficient alibi for a rate hike and the Reserve Bank may go for a status quo at the policy review next... ...

http://news.rediff.com/commentary/2018/sep/21/rbi-unlikely-to-hike-repo-rate-in-oct-despite-weak-inr-study/d57ddb958ff2f2760d0df2a8a82e1c8f
Yes Bank shares plunge, wiping more than $3 billion off its market value

bled after the Reserve Bank of India reduced CEO Rana Kapoor’s term only till January 31 next year. businessUpdated: Sep 21, 2018 12:25 IST... ...

https://www.hindustantimes.com/business-news/yes-bank-shares-plunge-wiping-more-than-3-billion-off-its-market-value/story-0k26SLSXvcCtr2CZF1Qm2L.html
Yes Bank tanks after RBI trims CEO Rana Kapoor's term

Shares of Yes Bank Ltd plummeted on Friday and were on track for their worst day since market debut after the Reserve Bank of India curtailed Chief... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/BS8-T-3fWfE/yes-bank-tanks-after-rbi-trims-ceo-rana-kapoors-term-idINKCN1M10BY

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