Kapur was Adviser-in-Charge, Monetary Policy Department and Secretary to the Monetary Policy Committee
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The Ministry of Finance sets interest rates for General Provident Fund(GPF) and similar provident funds
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Bank's retail loan book experienced a rise of 85 per cent a compared to the previous quarter and 111.5 per cent over the same period year ago
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RBI typically conducts six bi-monthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook and various macroeconomic indicators
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The study highlights that India’s public transit systems should allow integrated fare payments across different modes of transit, to provide end-to-end payment interoperability for commuters
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The group has also disbursed Rs 2,150 crore to senior secured lenders in IL&FS Tamil Nadu Power Company (ITPCL)
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Floating Rate Bond (FRB 2028) carries a coupon rate
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The bank reported a jump in net advances, with a 21 per cent YoY increase to Rs 3,14,928 crores in September 2023, compared to Rs 2,60,129 crores in September 2022
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