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Debt jumps to Rs 4.8 lakhs from Rs 90000 per person in last 2 years as per RBI Report; alerts Manish Doshi of Gujarat Congress

Amid Sweet Jumlas of “Achhe Din”, “Amrutkal” According to sources, the latest Report of the RBI Reserve Bank of India has revealed a cautious picture of Indian economy. The anti-people policy of the Modi government at the Center, failure in Economic Sector, Inflation, Unemployment, Farmer’s Suicides, said Manish Doshi Spokesman of Gujarat Pradesh Congress Committee, […]

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RBI reduced repo rates by 0.25%; second time reduction since February 2025

RBI Reserve Bank of India has reduced interest rates by 0.25% amid a spate of downgrades to growth following Donald Trump’s tariff announcements. RBI reduced repo rates from 6.25% to 6%, a second cut since February when rates were brought down after 5 years. The move is expected to lower home and auto loan EMIs, offering […]

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Prachay Capital Limited Public Issue of Secured NCDs to open on 28 February 2025

Key Highlights: Issue Size: Base issue of ₹5,000 lakh, with a Green Shoe option to retain oversubscription up to ₹5,000 lakh, aggregating up to ₹10,000 lakh. Instrument: Listed, Rated, Secured, Redeemable Non-Convertible Debentures (NCDs) of face value ₹1,000 each. The Company has filed prospectus dated 17 February 2025(Prospectus) with Registrar of Companies Maharashtra at Pune […]

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PM Narendra Modi addresses RBI@90 opening ceremony

Releases commemorative coin to mark 90 years of RBI “RBI plays a pivotal role in advancing our nation’s growth trajectory” “RBI has witnessed both the pre and post-independence eras and has created an identity around the world based on its professionalism and commitment” “Today we have reached a point where the Indian banking system is […]

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Rs 2,000 notes withdrawn from circulation as per RBI; notes must be exchanged before September 30, 2023

RBI Reserve Bank of India has decided to withdraw Rs 2,000 currency notes from circulation. However, the notes will continue as legal tender, the central bank said in a circular on Friday. The RBI has advised banks to stop issuing Rs 2,000 currency notes with immediate effect. In a circular, the central bank said that […]