Tag: reserve bank

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Posted in Economy

RBI launches scheme to reduce stock of unclaimed deposits by incentivising banks

The Reserve Bank on Tuesday announced a year-long incentive scheme for banks to reduce the volume of unclaimed deposits. Under the ‘Scheme for Facilitating Accelerated…

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Posted in Economy

RBI renews statement of commitment to FX Global Code

The Reserve Bank on Wednesday said it has signed a renewed statement of commitment to the FX Global Code. The code is a set of…

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