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Monday, March 22, 2021

RBI moves a step closer to issuing new bank licences

The Reserve Bank of India (RBI) has set up a standing external advisory committee (SEAC) headed by former deputy governor Shyamala Gopinath to evaluate on-tap applications for universal and small finance banks.

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...