Retail Direct Mobile App benefits

RBI Initiatives: PRAVAAH, Retail Direct Mobile App, and Fintech Repository

RBI Launches PRAVAAH, Retail Direct Mobile App, and Fintech Repository Introduction to RBI’s Latest Initiatives The Reserve Bank of India (RBI) has recently launched three significant initiatives: PRAVAAH (Platform for Regulatory Application, Validation And Authorisation), the Retail Direct Mobile App, and a Fintech Repository. These initiatives aim to streamline regulatory processes, enhance accessibility for retail…

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RBI Floating Rate Bonds

RBI Announces 8% Interest on Floating Rate Bond 2034: Stimulus for Economic Growth

RBI Announces 8% Interest on Floating Rate Bond 2034: All You Need to Know The Reserve Bank of India (RBI) recently made a significant announcement regarding the issuance of Floating Rate Bonds (FRBs) with a fixed interest rate of 8% maturing in 2034. This move by the central bank comes amidst efforts to manage liquidity…

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