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    SUCCESSFUL CONCLUSION OF 14TH NBFC & FINTECH CONCLAVE & AWARDS 2023 WHERE CHIEF GUEST RAMESH IYER DELIVERED INAUGURAL ADDRESS

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    Snapchat to gain a ChatGPT-powered AI chatbot soon

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Banks want funds in dormant accounts taken as CRR

Prashant Dwivedi by Prashant Dwivedi
February 7, 2023
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Indian small finance banks cheer easing bad loan ratio
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Banks have reached out to the Reserve Bank of India (RBI) with a suggestion to count funds in unclaimed deposits and inoperative or dormant accounts towards the cash reserve ratio, or CRR, people familiar with the matter told.

They said about ₹50,000 crore is locked up in such accounts under the central bank’s oversight.

Banks have argued allowing this relaxation will help in augmenting liquidity in the system.

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Source: Economic Times
Tags: banksbfsiCRRrbi
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Dr. Bhagwat Karad launches a book on Cyber Security

Dr. Bhagwat Karad launches a book on Cyber Security

March 20, 2023
Education ministry sets up panel to strengthen assessment, accreditation of higher educational institutions

National University of Singapore’s Multi-disciplinary Master’s Programs to Equip Learners with Skills for Industry 4.0

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March 20, 2023
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