RBI may keep repo rate unchanged

Central bank expected to continue with its ‘tightening stance’ on benign retail inflation, slowing GDP growth

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Currency futures volumes on bourses surge 65%

Rupee volatility, RBI’s move to ease position limits spur traders’ interest in contracts

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WhatsApp chief writes to RBI, seeks nod to expand payment services to all users

The messaging platform’s partner banks also submit a request for approval

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RBI likely to keep interest rate unchanged on December 5

The Reserve Bank is likely to maintain status-quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, opined experts.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2DXAXJJ

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SBI to sell 3 bad loan accounts to recover Rs 2,111 crore dues

The country's largest lender SBI has put up for sale three of its non-performing loan accounts to recover dues of Rs 2,110.71 crore.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2QAxiZ6

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