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The Reserve Bank of India (RBI) has approved a record-breaking dividend of Rs 2.11 lakh crore to the central government for the fiscal year 2023-24. This payout, which is more than double the anticipated amount, comes as a significant boost to govern
The Reserve Bank of India's (RBI) recent directive to Kotak Mahindra Bank has raised concerns about the lender's future credit growth and profitability, according to S&P Global Ratings. The central bank has barred the bank from onboarding new cus
The Reserve Bank of India declared that it will shortly establish the legal framework for web-aggregation of loan products in an effort to protect the interests of borrowers. A single regulatory framework for connected lending will be released by the
The Reserve Bank of India (RBI) reported that just Rs 9,760 crore worth of Rs 2,000 denomination banknotes are still in circulation after banks received 97.26% of them. On May 19, the RBI declared the removal of banknotes with a denomination of Rs 2,