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RBI likely to hold repo rate, focus on falling inflation trajectory over the rate of inflation
With this easing CPI inflation, economists expect the RBI’s MPC to hold repo rates again in its October monetary policy
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Industrial production rises to 5.7% in July from 3.7% in June
These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP
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Report: Byju’s proposes surprise repayment of $1.2 billion loan in less than 6 months
This move comes amid an ongoing dispute with its lenders that has lasted nearly a year
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Report: RBI likely to launch digital rupee pilot for interbank transactions by October
In November 2022, the pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched
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RBI approves Dipak Gupta's appointment as interim chief of Kotak Mahindra Bank
The Reserve Bank of India has approved the appointment of Dipak Gupta as the interim managing director and chief executive officer of Kotak Mahindra Bank
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Report: Vedanta Resources likely to meet investors ahead of $2 billion debt repayment deadline
The non-deal roadshow is expected to take place as soon as next week, reported Bloomberg citing sources
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Jio Financial Services is to be excluded from Nifty50, other indices from 7 September
It may be noted that if JIOFIN hits the price band on September 6, 2023, the exclusion shall not be deferred further
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