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FCNR(B) swap's $10.5 bn cost just 1.45% of forex reserves: SBI Research

FCNR(B) swap's $10.5 bn cost just 1.45% of forex reserves: SBI Research

Cost is unlikely to have constrained RBI's decision to close the swap window early; reserves could rise to $800 billion over five years, the report said

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Bank deposit growth hits highest since December 2016 at 15.4%: RBI data

Bank deposit growth hits highest since December 2016 at 15.4%: RBI data

Aggregate deposits rose by Rs 6.61 trillion in the fortnight ended July 31, while bank credit growth accelerated to 19.3 per cent, its highest since May 2024

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India sees sharp expansion in retail, MSME credit access since 2021

India sees sharp expansion in retail, MSME credit access since 2021

Retail bureau coverage rose 1.7 times to 78.9 crore borrowers by 2026, while active MSME borrowers more than doubled to 1.9 crore over the five-year period

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Compare the best super top-up health cover plans before picking one

Compare the best super top-up health cover plans before picking one

With healthcare costs rising sharply, comprehensive health insurance and super top-up plans are becoming a necessity for urban Indians seeking stronger financial protection

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'More than we can handle': StanChart's PD Singh on FCNR deposits

'More than we can handle': StanChart's PD Singh on FCNR deposits

"We are in a very critical phase where foreign capital will find its way to India if we are able to articulate the benefits we have," Singh said

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India hosts 22 AI producers, but cloud services dominate value: BIS paper

India hosts 22 AI producers, but cloud services dominate value: BIS paper

India ranks seventh by aggregate AI-firm valuation, but has negligible value in AI models and only a thin presence in computing infrastructure, according to the BIS study

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Fixed deposits emerge as a safer option amid RBI pause and market swings

Fixed deposits emerge as a safer option amid RBI pause and market swings

With the RBI holding interest rates steady and equity markets facing uncertainty, fixed deposits offer investors a low-risk option to compare returns across bank tenures

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RBI publishes upper-layer NBFC list for FY27, status quo on Tata Sons

RBI publishes upper-layer NBFC list for FY27, status quo on Tata Sons

RBI has identified 17 NBFCs in the upper layer for FY27, adding REC, PFC and IRFC, while Tata Sons remains on the list pending a decision on its de-registration request

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'Our endeavour is to bring inflation in line with target over medium term'

'Our endeavour is to bring inflation in line with target over medium term'

RBI Governor Sanjay Malhotra said policy will remain guided by headline inflation and evolving growth dynamics, while reaffirming the central bank's data-dependent approach

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ICICI Lombard invests up to 1.5% of premium in tech: MD&CEO Sanjeev Mantri

ICICI Lombard invests up to 1.5% of premium in tech: MD&CEO Sanjeev Mantri

General insurer says it spends up to 1.5% of annual premium income on technology and AI, while launching 25 new products and digital solutions to mark its silver jubilee

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