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Dhiraj Relli, MD & CEO at HDFC Securities said, “In a surprise meeting today, RBI announced a repo rate hike by 40 bps (to 4.4%) and an increase in the CRR rate by 50 bps. RBI is no longer behind the curve to react to rising inflation numbers. In terms of timing, it took everyone by surprise and the hike of 40 bps is higher than the market expectation of 25 bps in the June Meet. This apart, the increase in CRR by 50 bps will withdraw Rs 87,000cr liquidity in the system. Immediately on the announcement, all interest-rate sensitive stocks fell sharply including Banks, Auto, Real estate, etc. Coming ahead of the US Fed announcement due today, the RBI has taken the lead for the time being after being blamed for being behind the curve by some economists. Nifty could remain under pressure for some time.”",Giving details of the case, it said the statutory inspection of SBI with reference to its financial position as on March 31, 2017, revealed, non-compliance with IRAC norms, sharing of information about customers with other banks, reporting of data on CRILC, fraud risk management, and classification and reporting of frauds.",The platform offers flexible deposit and withdrawal options, from credit cards to popular e-wallets, ensuring convenience and security.⚡,The accused, Ritesh Goyal, 40, told the police in a statement after his arrest that he lost control of the Mercedes Benz on the Gottigere Main Road in south Bengaluru when he bent to look down at his legs and took his eyes off the road.",Facebook has now admitted that millions of passwords of Instagram users were stored in plain, readable text format and also accessible to employees, which would have potentially compromised the security of these accounts. The revelation comes after last month’s report on KrebsonSecurity, which stated that Facebook was storing millions of passwords in plain text.",The police said a “minor tussle that broke out between two local groups playing cricket snowballed into a conflict involving the parents of the locals.”",Srinath and two accomplices who received the stolen goods, Selva Kumar and Manjunath N, were arrested by the Sadashivanagar police on October 25 this year. The arrest also led to the seizure of 19 mobile phones and four tablets, the office of the deputy commissioner of police (central) said on Wednesday.",The BSE benchmark gained 237.42 points or 0.46 per cent to settle at 51,597.84. During the day, it hit a high of 51,714.61 and a low of 51,062.93.",Sectorally, Nifty Metal gained 1.42 per cent, followed by Nifty Oil & Gas rising 0.91 per cent, while Nifty FMCG jumped 0.59 per cent. However, Nifty Media slipped 0.56 per cent today, while, the private bank index fell 0.37 per cent.",Actor Vishnu Manchu is the new president of the Movie Artists Association (MAA) after defeating rival Prakash Raj in a tightly fought MAA elections 2021.",is website offers a wide range of casino games with live dealers, providing a realistic experience for players.⚡,Bengaluru on Saturday reported its first confirmed case of a death due to dengue since January amid a recent spike in cases, a senior official said.".