Latest News for: New delhi bank

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MCD Election Results 2022: Congress in emergency ward, but minority votes give a boost

The Times of India 09 Dec 2022
NEW DELHI. After drawing a blank in the past two Lok Sabha and assembly elections in Delhi, was banking on the 2022 Municipal Corporation of Delhi (MCD) elections to regain some lost ground ... We were definitely expecting more from senior Delhi Congress leaders, but many of them did not come out to campaign the way they should have.
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New Delhi-based CA among five held for GST fraud in Chandigarh

Hindustan Times 09 Dec 2022
Chand, Yashpal Jindal and the remaining accused allegedly hatched a plan to open fake firms and bank accounts and carry out bogus transactions to claim GST benefits at the New Delhi office of Sushil Singla, who is a chartered accountant.
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Benchmark bond yield above 7.30% ahead of debt auction

The Times of India 09 Dec 2022
"Traders are trying to discover a new comfort level after the Reserve Bank of India's (RBI) policy, and the first auction will provide clarity about future trading range," a trader with a state-run bank said. New Delhi aims to raise $3.40 billion through the sale of bonds.
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ED attaches TMC MLA properties worth Rs 8 crore

The Times of India 09 Dec 2022
NEW DELHI ... “A number of attached bank accounts were in the name of friends and relatives of Manik Bhattacharya who were induced by him and his family members to open the same to avoid detection by law enforcement authorities,” the ED claimed on Thursday.
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WB teachers recruitment scam: ED attaches assets worth ₹7.93 crore of TMC MLA

Live Mint 09 Dec 2022
New Delhi. The Enforcement Directorate (ED) has attached assets worth ₹7.93 crore in the form of bank balance in 61 accounts and mutual funds belonging to Trinamool Congress (TMC) MLA Manik Bhattacharya and his family members in connection with the West Bengal primary school ...
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Loans get costlier in India as central bank raises repo rate

Xinhua 09 Dec 2022
3, 2018 shows the Reserve Bank of India (RBI) in New Delhi, India ... India's central bank has been raising the repo rate to tame rising inflation, resulting in a higher cost of housing loans, vehicle loans, personal loans, educational loans, and other business loans in the country ... Loans get costlier in India as central bank raises repo rate.
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Paisabazaar, RBL Bank launch 'Duet' credit card that also offers a credit line

Marietta Daily Journal 08 Dec 2022
Dec. 8—NEW DELHI — Paisabazaar and RBL Bank on Thursday announced the launch of a new co-created credit card 'Duet'. The card offers two credit offerings — cashback on purchases made through the card and a line-of-credit from RBL bank ... .
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Digital money will be as anonymous as bank notes: RBI

The Times of India 08 Dec 2022
The central bank digital currency CBDC will be as anonymous as the currency note and would have all the relevant laws applicable to currency would be applicable to the digital currency, the central bank said on Wednesday ... , ICICI Bank. , Yes Bank ... will carry out the implementation in four cities -- Mumbai, New Delhi, Bengaluru and Bhubaneswar.
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Forex flows to help India tackle CAD challenges

The Times of India 08 Dec 2022
Fund flows into India, billed as the world's fastest-expanding major economy, should help New Delhi weather the challenges posed by a widening current account deficit (CAD), Reserve Bank of India (RBI) Governor Shaktikanta Das said.
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RBI projects inflation to fall below 6 pc by Mar 2023

The Wire Network 08 Dec 2022
New Delhi. The Reserve Bank on Wednesday projected inflation to come down below the upper threshold level of 6 per cent by March quarter of the current fiscal saying the worst of inflation is behind us, but there is no room for complacency in the fight against price-rise.
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India's rise would depend on absolute GDP, per capita income: Uday Kotak

Beijing News 08 Dec 2022
New Delhi , December 8 (ANI). Highlighting the country's potential to further strengthen its economy, Kotak Mahindra Bank MD and CEO Uday Kotak on Thursday said India's rise would depend on its performance in absolute GDP and absolute per capita income, current account and fiscal management.
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6 PSU bank stocks hit 52-week high post RBI MPC outcome

The Times of India 07 Dec 2022
NEW DELHI. Led by a 7% rally in Central Bank of India. , at least six PSU bank stocks on Wednesday hit fresh 52-week high levels. The rally in PSU bank stocks comes even as private bank stocks were mostly trading lower after RBI hiked interest rates by 35 basis points and maintained focus on withdrawal of accommodation, while supporting growth.
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Why no criminal case against businessman in loan frauds, asks Supreme Court

The Times of India 07 Dec 2022
NEW DELHI. The Supreme Court on Wednesday sought responses from the Union government and the Reserve Bank of India on why criminal cases are not being filed against industrialists and corporate houses who have been found to have indulged in bank frauds and defaulted in repaying loans worth crores of rupees.

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Secretary of State Antony J. Blinken hosts a holiday event in honor of Unaccompanied Tour Families at the U.S. Department of State in Washington, D.C., on December 8, 2022.
Public Domain / Freddie Everett
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