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Finance

News Reports

Modi government approves borrowing limit of ₹21,253 Crore for Kerala to help the state tackle its economic crisis

ANI -
PM Narendra Modi has come forward to assist Kerala in a bid to alleviate the state from the economic crisis as the Centre has sanctioned borrowings up to Rs 21,253 crores.
News Reports

RBI governor Shaktikanta Das rated A+ in Central Banker Report Card 2023 by Global Finance magazine

OpIndia Staff -
Reserve Bank of India Governor Shaktikanta Das has been rated A+ in the Global Finance Central Banker Report Cards 2023 by the Global Finance magazine.
News Reports

India’s digital payments market will grow to USD 10 trillion by 2026: Report by Boston Consulting Group and PhonePe

ANI -
A report by Boston Consulting Group and PhonePe says that India's digital payment market will rise over 3 times in 3 years to reach $10 trillion in 2026
News Reports

‘Have courage when govt is doing right too’: Gautam Adani hints at NDTV’s bias, answers opposition allegations of him benefitting from Modi govt

OpIndia Staff -
Gautam Adani stated that the takeover of NDTV is not a business opportunity but rather a responsibility.
News Reports

Nykaa’s Falguni Nayar is now five times richer than Paytm’s Vijay Shekhar Sharma with personal assets worth USD 4.9 billion

OpIndia Staff -
Falguni Nayar enters the Hurun Global Rich List 2022 as the richest new entrant from India with personal wealth amounting USD 4.9 Billion. India added 51 new billionaires in the list.
News Reports

As Russia faces sanctions for invading Ukraine, its currency Ruble slips below 100 vs US dollar

OpIndia Staff -
Every day since the Russian invasion of Ukraine has begun, Ruble has fallen against the dollar and the Euro daily.
News Reports

BharatPe sacks Madhuri Jain, wife of Ashneer Grover over financial irregularities

OpIndia Staff -
Ashneer Grover's wife Madhuri Jain Grover terminated from BharatPe.
OpIndia Scoops

‘Never applied for a loan but loan got disbursed by Dhani’: Suspected loan fraud at IndiaBulls’ loan app, what we know so far

Anurag -
Fraudsters are using PAN cards of unaware citizens to avail micro loans from apps like Dhani
News Reports

Reserve Bank of India steps in, says RBL Bank health status ‘stable’ after shares tank 25% following central bank’s action over weekend

OpIndia Staff -
The unanticipated RBI action followed by the tanking of the share price of RBL Bank pushed the panic button amongst investors and customers of the private sector lender.
Economy and Finance

RBL Bank shares hit 52-week-low after RBI action: Here is what happened

OpIndia Staff -
The share price fell after a series of developments over the weekend where the Reserve Bank of India (RBI) sent a nominee to bank's board a day after the sudden departure of Vishwavir Ahuja as the bank's CEO.
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