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The author is a Trainee Correspondent with BW Businessworld
Due to a decline in inflation and the need to support economic growth, many experts are anticipating a possible shift in the MPC's stance towards neutrality in rates.
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The report cites heavy expenditure on technology, branch expansion, wage revision and pension liability as some of the reasons for the increase in the cost-to-income ratio.
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These guidelines primarily focus on three main aspects of the investigation process: (i) initiation of investigation; (ii) collection of evidence, including the issue of summons; and (iii) conclusion of the investigation
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Also, the banking regulator has said that the 100 per cent provisioning which was required to be made by the RE shall be required only to the extent of investment by the RE in the AIF scheme which is further invested by the AIF in the debtor company, and not on the entire investment of the RE in the AIF scheme
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In case of borrowings, the securities should be fully paid up and clearly identifiable say experts
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Presently, the selection of the network for a particular card is determined by the issuer, based on agreements with card networks.
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The complaints disposed at the Offices of RBI Ombudsman have an average turnaround time (TAT) of 33 days during FY23, which has improved from 44 days during FY22
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Experts say that the new provision will consolidate the digital sector with high valuations within the purview of the Competition Commission of India (CCI)
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A recent decision by the Sebi is expected to have a positive impact on the emerging fractional ownership sector in the country, experts say
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Noopur Chaturvedi says financial inclusion leads to more savings, more savings leads to more credit availability and more credit availability leads to more safety
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