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flag India's central bank eases bank capital rules and maintains interest rates.

flag The Reserve Bank of India proposed easing capital rules for banks by removing the Investment Fluctuation Reserve requirement and allowing more flexibility in including quarterly profits for capital adequacy calculations. flag These changes aim to simplify compliance, though the central bank will seek public feedback on the draft guidelines. flag Additionally, the RBI maintained the repo rate at 5.25% and raised its GDP growth forecast to 6.9%.

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