The Reserve Bank of India (RBI) lowered the cash reserve ratio (CRR) by 50 basis points to 4% to address expected liquidity tightness. The cut, implemented in two 25bps tranches, will release ₹1.16 ...
According to an RBI press release dated November 28, chief general manager Puneet Pancholy announced that RDCC Bank was penalized Rs 50,000 on November 25 for violating section 20 read with section ...
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