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  • Demonetization, farmers, rbi confirms increased withdrawal limit for overdraft accounts to rs 50 000, Current account

    RBI Confirms Increased Withdrawal Limit For Overdraft Accounts To Rs. 50,000 21 November 2016

    After banning the two big denomination notes of Rs. 500 and Rs. 1,000 the Reserve Bank of India has said that the limit of withdrawal of money from overdraft as well cash credit accounts to Rs. 50,000 per week. Previously,...

    Keywords: farmers, limit of current account, limit of current account, withdrawal from overdraft account

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    Relaxation Curbs on Gold Imports, Current Account Deficit (CAD), relaxation on curbs on gold imports, Current account

    Relaxation On Curbs on Gold Imports 24 December 2013

    Due to the restrictions on the gold imports smuggling of gold in to India is rampant.  To address the problem the Government seems to be considering the relaxation of the curbs on gold imports. In order to control the Current...

    Keywords: Business News, India's Business News, Gold Imports Restrictions, Gold Imports Restrictions

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    RBI, RBI, analysts rate slash was marked by doubt, Current account

    Analysts: rate slash was marked by doubt! 17 June 2013

    In the majority of instances analysts said that India's central bank was expected to keep interest rates on hold on Monday with important relations over the rupee trading near record lows likely to exceed in value of the fall in...

    Keywords: CLSA economist Rajeev Malik, RBI, RBI, fall in inflation

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    Chidambaram talks on Modi, BJP's PM Candidate Narendra Modi, chidambaram satirical on namo speeches, Current account

    Chidambaram Satirical on NaMo Speeches 30 November 2013

    The Finance Minister made satirical remarks on Narendra Modi's comments in his election speeches as PM candidate for BJP. Narendra Modi has to be more careful as his speeches in public are closely observed by his followers and also opposition...

    Keywords: Chidambaram talks on Modi, Chidambaram, BJP's Election Rallys, Finance Minister Chidambaram

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    demonetization, savings account, rbi to remove withdrawal limit from feb 1, Current account

    RBI to Remove Withdrawal Limit from Feb 1 31 January 2017

    The Reserve Bank of India (RBI) today said that "it will remove curbs on daily cash withdrawals from ATMs from Wednesday, February 1." It has also lifted the restrictions on withdrawal limit from current accounts, cash credit accounts and overdraft...

    Keywords: demonetization, ATM withdrawal limit, Prime Minister Narendra Modi, current account

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    CAD, IMF, a normal monsoon will help econimic growth, Current account

    A normal monsoon will help econimic growth 27 April 2013

    The forecast that a normal monsoon would make way to India in time has been the most soothing news the policymakers have heard since what seemed like ages. This is one positive news which would put the nation back on...

    Keywords: IMF, CAD, normal monsoon, CAD

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    forex, foreign exchange, rupee rises against dollar by 10 paise, Current account

    Rupee rises against dollar by 10 paise 30 May 2013

    After a bad week of poor performance in the Interbank Foreign Exchange Market, the Indian currency managed to get things straight slightly improving over the US Dollar as it finished at 56.07 today in the early morning trade. USD was...

    Keywords: rupee gains, market value, forex, USD

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    RBI, current account deficit, rbi keeps rates unchanged, Current account

    RBI keeps rates unchanged 03 February 2015

    The Reserve Bank of India has kept its Policy Repo Rate and cash reserve ratio [CRR] unchanged at 7.75 percent and 4.0 percent respectively. Citing the currently and evolving macro-economics situation, RBI took this decision, however, the statutory liquidity ratio...

    Keywords: home loans, lending rates, monetary policy review, Repo Rate

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