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Congress launching fake campaigns: Jaitley

Accusing the Congress party of launching 'fake campaigns' against the defence forces, judiciary and Reserve Bank, Union Minister Arun Jaitley on Sunday said it is time to protect the country as......

1984 anti-Sikh riot culprits must be punished irrespective of identity: Rahul

'Prime Minister Modi doesn't talk to me. He meets and says in monosyllables' 'The Supreme Court, the Reserve Bank of India, the Election Commission of India have knowledge that no one has. Listen......

Patel's resignation 'severe blow' to economy: Manmohan

Former prime minister Manmohan Singh on Monday termed Reserve Bank of India Governor Urjit Patel's resignation as 'very unfortunate' and said it was a 'severe blow' to the country's economy.......

RBI Deputy Governor Viral Acharya quits

Reserve Bank of India's Deputy Governor Viral Acharya, who was in-charge of the monetary policy department, has resigned six months before the scheduled end of his term. IMAGE: Viral Acharya's......

Sensex ends 86 points higher ahead of US Fed meet

Top gainers in the Sensex pack included Vedanta, Coal India, ICICI Bank, PowerGrid, HCL Tech and Bajaj Finance, rising up to 2.65 per cent. Illustration: Uttam Ghosh/Rediff.com Snapping its......

Fear grips financial sector as DHFL defaults on payment

Nomura analysts said the Reserve Bank of India and the government would need to segregate the potential solvency issue at DHFL from liquidity issues at other larger wholesale NBFCs and HFCs. The......

RBI cancels charges on RTGS/NEFT, asks banks to follow suit

The Reserve Bank of India on Thursday said it has done away with charges on fund transfers through RTGS and NEFT routes to boost digital transactions and asked banks to pass on the benefits to......

India will grow at 7.5% for 3 years, says World Bank

India is projected to grow at 7.5 per cent in the next three years supported by robust investment and private consumption, the World Bank has said. The bank in its Global Economic Prospects......

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Sensex, Nifty end lower, steel companies fall over growth worries

Mumbai: Dragged by steel companies like Jindal Steel, JSW Steel and Tata Steel, the Indian equity indices ended lower for the second consecutive... ...

http://www.sify.com/finance/sensex-nifty-end-lower-steel-companies-fall-over-growth-worries-news-sensex-tgysuphccjefg.html

New Banking Licenses

Reserve Bank of India (RBI) has issued Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector, dated August 1, 2016 for... ...

http://pib.nic.in/newsite/PrintRelease.aspx?relid=190679

Consensus eludes Jalan panel on RBI surplus, report delayed

New Delhi: The Reserve Bank of India (RBI) panel deciding on norms for transfer of the central bank's surplus funds to the government has further... ...

http://www.sify.com/finance/consensus-eludes-jalan-panel-on-rbi-surplus-report-delayed-news-bank-tgyqEngjjgejh.html

sources

A senior Indian government official has opposed and delayed proposals from a Reserve Bank of India (RBI) panel that the central bank keep most of... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/_1tB_vdjnkw/rbi-plans-for-transferring-excess-reserves-opposed-delayed-sources-idINKCN1TP0NF

We'pay the price for Yes-men

It has happened too often to be a surprise, and no one who remembers the headlines from October last year could claim they weren’t expecting... ...

http://www.sify.com/news/acharya-resignation-wepay-the-price-for-yes-men-news-columns-tgyq2bahcabde.html

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