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The Latest Breaking News from the Reserve Bank

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RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accounts

The Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outside India can now maintain designated repatriable rupee accounts for investments.

The Economic Times

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FED:RBA 'no knight in shining armour' for mortgage holders

The Reserve Bank is unanimously expected to leave interest rates on hold but whether the next move is up or down remains uncertain.

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