MUMBAI: Clients will soon be able to transfer funds via real-time gross settlement (RTGS) which will be available 24 hours a day in the coming days, Reserve Bank of India (RBI) Governor Shaktikanta said on Friday. You give. “The RTGS system will soon go 24/7 in the next few days …
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Maintaining the status quo for the third time in a row, the Reserve Bank of India decided on Friday to keep the benchmark interest rate unchanged at 4%, but maintained an accommodative stance, implying further rate cuts to come. if the need arises to support the economy hit by the …
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By: ENS Economic Bureau | New Delhi | Updated: October 15, 2020 7:49:33 pm Global growth is projected to contract 4.4 percent, an upward revision of 0.8 percent since its June update, the IMF said. Kaushik Basu, Cornell University economics professor and former World Bank chief economist Kaushik Basu, has …
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