RBI's new 15-day rule to help quicker improvement in credit scores
The Statesman Siliguri|January 08, 2025
The Reserve Bank of India (RBI) has mandated all lenders to update credit bureau records every 15 days, effective 1 January, 2025.
STATESMAN NEWS SERVICE

The apex bank bets on these directions to establish a standardised framework for reporting and dissemination of credit information; safeguard the confidentiality and security of sensitive credit data; provide mechanisms for consumers to access their credit information and grievance redressal on matters related to credit information reporting.

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FLERE HISTORIER FRA THE STATESMAN SILIGURISe alt
The Statesman Siliguri

BGT: SCG pitch earns ICC approval amid criticism

The pitch for the fifth and final Test gets 'satisfactory' rating despite being a graveyard for batters

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3 mins  |
January 09, 2025
The Statesman Siliguri

Delivered less than he promised

Belying expectations, the outgoing Chief Justice of India has left behind a mixed legacy, says

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January 09, 2025
The Statesman Siliguri

'Sportswashing' a dismal rights record

FIFA's decision to award the 2034 World Cup to Saudi Arabia raises ethical questions, says Keith Rathbone

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4 mins  |
January 09, 2025
The Statesman Siliguri

RBI Allows Asirvad, DMI Finance to Resume Lending Operations

The Reserve Bank has lifted its ban on the 'sanction and disbursal of loans' by Asirvad Micro Finance and DMI Finance Pvt Ltd, in a big relief to the two microfinance companies, according to an RBI circular issued on Wednesday.

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1 min  |
January 09, 2025
The Statesman Siliguri

India's gold imports turn out to be $5 billion lower in Nov, trade deficit narrows

The government has scaled down its estimate of gold imports for November 2024 to $9.84 billion from the preliminary estimate of $14.86 billion announced last month, data compiled by the Commerce Ministry's Directorate General of Commercial Intelligence and Statistics showed on Wednesday.

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1 min  |
January 09, 2025
The Statesman Siliguri

Focus on tax simplification & reduction in personal income tax: EY on Budget

Ahead of the Union Budget 2025, the EY India has said the government is expected to focus on boosting private capex, tax simplification and reduction in personal income tax, particularly for the lower-income groups, to stimulate demand.

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1 min  |
January 09, 2025
The Statesman Siliguri

SBI Revises GDP Growth Forecast to 6.3 Percent for FY25, Down From NSO Estimates

State Bank of India (SBI) has revised the forecast for India's GDP growth to 6.3 per cent in the financial year 2024-25.

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1 min  |
January 09, 2025
The Statesman Siliguri

ONGC Appoints BP as Technical Service Provider for Mumbai High Field

Oil And Natural Gas Corporation (ONGC) said the energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast.

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1 min  |
January 09, 2025
The Statesman Siliguri

Nitin Gadkari Inaugurates 5kWh Lithium Battery with Hybrid Inverter by Getsun Power

Union Minister of Road Transport and Highways Nitin Gadkari inaugurated a 5kWh lithium battery with a hybrid inverter by Getsun Power, a vertical of Sainik Industries Pvt Ltd, at his Delhi residence, on Wednesday.

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1 min  |
January 09, 2025
The Statesman Siliguri

Market Witness Sharp Rebound: Sensex, Nifty End Flat

Benchmark indices opened higher despite weak global markets

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2 mins  |
January 09, 2025