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IBNS-CMEDIA: The Union government may soon introduce merchant charges on Unified Payments Interface (UPI) transactions above ₹2,000, according to media reports, potentially ending the zero-cost regime for merchants on high-value …
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IBNS-CMEDIA: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said polymer-based currency notes are expected to enter circulation from the beginning of the next financial year, subject to …
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IBNS-CMEDIA: The Reserve Bank of India (RBI) on Monday said its concessional swap facility, introduced to encourage foreign currency inflows and strengthen the country’s balance of payments, has attracted $20.72 …
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Mumbai/IBNS-CMEDIA: The Reserve Bank of India (RBI) is preparing to introduce polymer banknotes in a pilot project, marking a major step towards overhauling the country’s currency system, NDTV Profit reported. …
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Mumbai/IBNS-CMEDIA: India is expected to register a growth rate of 6.9 percent in the financial year 2026-27, the Reserve Bank of India (RBI) said in its annual report, according to …
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IBNS-CMEDIA: Amid concerns over the economic fallout of the Iran War, including rising inflationary pressures due to supply-side disruptions, RBI Deputy Governor Poonam Gupta on Tuesday said India’s macro fundamentals …
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Mumbai/IBNS-CMEDIA: The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25% in its latest monetary policy announcement, according to media reports. The decision was taken during the …
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New Delhi/IBNS: The Reserve Bank of India Friday announced that it will withdraw Rs.2,000 notes from circulation and people can exchange or deposit them in their bank accounts by Sept 30. The …
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