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Budget 2022: RBI to issue digital rupee, taxpayers to update their I-T returns in 2 years
The country is predicted to grow at 9.27 percent, according to Nirmala Sitharaman, who presented the Budget
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Ittira Davis made Ujjivan Small Finance MD, CEO
Bank received RBI's approval for the appointment of Ittira Davis as its new Managing Director and CEO for a period of one year
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RBI has established a fintech department to focus on India's fast-growing sector
The new department would not only support fintech innovation, according to an internal RBI circular
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Economy to grow 9.2%, recoup Covid year losses
The NSO estimate for the current financial year is a tad lower than the RBI’s GDP projection in its December 2021 policy review.
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RBI cancels CoA of Muthoot Vehicle, Asset Finance, and Eko India Financial Services for non-compliance with regulatory requirements
The RBI said that following the cancellation of the Certificate of Authorisation (CoA), these companies cannot transact the business of issuance and operation of prepaid payment instruments.
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The RBI has designated Airtel Payments Bank as a scheduled bank
In the quarter ended September of 2021, the bank became profitable
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RBI red flags signs of stress in MSMEs, bad loans likely to rise
The Reserve Bank of India (RBI) has warned of a rise in bad loans in 2022 and emerging signs of stress in micro, small and medium enterprises
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