Bank of India clarified in its stock exchange filing that the demand notice does not pose an immediate impact on its financial, operational or other activities
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In an interview with BW Businessworld, Intellect Design CMD Arun Jain speaks on how Indian banks are lagging in technology adoption and spending
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RBI adds about USD 58 billion to its foreign exchange kitty. In 2022, India's forex kitty slumped by USD 71 billion cumulatively
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The rate of interest in the Post Office Saving Account has been left at 4 percent compounded annually, while for the PPF it is at 7.1 per cent
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Ukraine, heavily dependent on financial assistance from Western allies, experienced a decline in foreign financing during the first two months of the year
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A total of 2,64,31,718 equity shares were allotted, resulting in an issue size of approximately Rs 599.99 crore
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Given that inflation has largely remained within the central bank's comfort zone, the RBI has refrained from adjusting the policy repo rates since March 2023
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Investors are now speculating that the first rate cut by the US central bank could occur in June, but Powell's remarks suggest a cautious approach, waiting for more data to support such a move
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