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RBI

IMF, World Bank should consider reality of developing economies before taking decisions: RBI official

The Reserve Bank of India (RBI) Executive Director Rabi Mishra has said that the Global financial institutions like the International Monetary Fund (IMF) and...
Bitcoin

Chinese Court declares Bitcoin as a virtual property

China's Hangzhou Internet Court has declared Bitcoin as a legally recognised virtual property and said that it should be protected in accordance with Chinese...

NBFCs

Bank of Baroda

Bank of Baroda, Srei Equipment Finance join hands for infra equipment loans

Srei Equipment Finance Ltd (SEFL) and India’s third-largest lender Bank of Baroda have inked a co-lending arrangement for infrastructure equipment, said the companies in...
NBFCs

NBFCs’ fund-raise from securitisation inflates by 2.5 times

Non-Banking Financial Companies (NBFCs) have raised Rs 26,200 crore via securitisation in FY 2019, a growth of more than two and a half times...

Digital Payments

Nandan Nilekani committee on e-payments submits report to RBI

A high-level committee led by Nandan Nilekani constituted to study the progress of digital payments submitted their report to the Reserve Bank of India,...

Mastercard unveils Digital API Platform for Merchants, Issuers

Payments giant Mastercard has launched the Mastercard Innovation Engine, an Application programming interface (API) based digital platform that enables issuers and merchants the power...

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