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    RBI directs adoption of Alternative Reference Rate by July 1 to replace LIBOR and MIFOR
    Business

    RBI directs adoption of Alternative Reference Rate by July 1 to replace LIBOR and MIFOR

    RBI has set a July 1 deadline for banks and financial institutions to adopt a widely accepted Alternative Reference Rate, such as the Secured Overnight Financing Rate (SOFR), to replace the scandal-hit London Interbank Offered Rate (LIBOR) and Mumbai Interbank Forward Outright Rate (MIFOR)
    access_time 13 May 2023 10:37 AM GMT
    India agreed upon extending Debt Service Suspension Initiative in G20 meeting
    Business

    India agreed upon extending Debt Service Suspension Initiative in G20...

    access_time 15 Oct 2020 3:57 AM GMT
    India

    GST Council to meet again on Oct 12 over compensation plan

    At Monday's meeting, the Council also recommended extension of GST cess beyond the transition period of five years

    access_time 5 Oct 2020 4:31 PM GMT
    Business

    NABARD withdraws red-flag against Reliance Commercial Finance

    Delhi High Court on August 14 had stayed a move by Bank of Baroda, the leader of Consortium of Bank, to classify the...

    access_time 28 Sep 2020 12:13 PM GMT
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