Saturday, August 10, 2024

BANKING

Finance Minister Nirmala Sitharaman urged banks to prioritize 'core banking' in a meeting with RBI's Central Board of Directors. The session reviewed budget provisions and the economic outlook after the 2024-25 Union Budget. The RBI kept the repo rate at 6.5%, forecasting a 7.2% economic growth rate for the fiscal year 2024-25.

from Banking/Finance-Industry-Economic Times https://ift.tt/l0SjV6Q
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