The report states that the United States Federal Reserve's recent move which indicates an ease in the rates will influence the apex bank's decision
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According to RBI, this initiative, initially introduced as a draft on January 15, 2024, has now been refined based on feedback from various stakeholders.
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Central bank norms allow full-fledged money changers to obtain their normal business requirements of foreign currency notes from other full-fledged money changers and authorised dealers in India
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Atanu Chakraborty is reappointed for the same designation after Reserve Bank of India (RBI) approval for three years.
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