Withdrawing without debit or credit cards reduces chances of transaction failure due to wrong PINs, or lost or stolen cards; note, however, that very few banks offer UPI-based withdrawals currently
The government may avoid incremental borrowing via the bills and only borrow to meet its previous repayment needs in the next quarter
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Export invoicing in INR is already allowed but the payment must come through Vostro Accounts maintained by foreign banks with a bank in India
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The new norms succinctly sum up the RBI's view on how some of the ARCs have been run
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The latest decline in the reserves was primarily on account of a fall in the RBI's gold reserves, which fell by $705 million to 37.06 billion
In a first ever comprehensive analysis of Municipal finances, it said MCs need to adopt sound and transparent accounting practices with proper monitoring
'Specialised people' needed to ensure loan defaulters don't cheat company, says Ramesh Iyer in interview
Bulk of CBDC wholesale pilot trading concentrated in liquid 5-yr, 10-yr bonds
The bank management and shareholders have reached compromise formulae on the issue of appointing the latter's representatives as directors on the bank's board
DGFT makes key amendments to foreign trade policy
'It has been in the range of 20-30 per cent in almost every quarter'
Investors, lenders, and stakeholders need a basis to accurately assess the impact of climate change on company operations. Sebi's climate change-reporting framework is well-intended but not adequate
In a highly uncertain global economic environment, realistic growth projections would reduce risks
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These measures, along with a cap on repayment obligations and steps to check over-indebtedness introduced by the regulator, will eventually bring down interest rates for the borrowers, he says
'Conditions are ripe for a private capital expenditure cycle over the next few years'
Fintechs have to read the regulator better even as the sector improves the quality of data on offer