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1 min read
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
2 mins read
Monetary Policy Committee keeps repo rate unchanged at 6.5%, confirms RBI governor Shaktikanta Das
The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), has kept the rep…
2 mins read
After a volatile week, all eyes on RBI’s Monetary Policy meeting! But experts expect no change in repo rate
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is gearing up to announce its mon…
1 min read
India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets
India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…
ANI
2 mins read
Rupee falls 3 paise to close at all-time low of 83.66 against US dollar
On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.
PTI
2 mins read
Sensex gains marginally to scale new peak after RBI policy decision
The 30-share BSE Sensex inched up 20.59 points or 0.03 per cent to settle at a fresh record of 7…
PTI
2 mins read
RBI expected to hold rates for the 5th time in a row, no cuts likely before Q2FY25
The Reserve Bank of India’s Monetary Policy Committee paused its rate hike cycle from February this…
2 mins read
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…
PTI
3 mins read
Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey
Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…
PTI
2 mins read
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
ANI
3 mins read
India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report
This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…
ANI
4 mins read
A case for investing in Government securities
Government securities, commonly known as G-secs, are debt instruments issued by the Government of I…
4 mins read
New govt to inherit strong economy, focus on making India developed nation by 2047
India's world record beating economic growth rate together with robust tax revenues, a fast expandi…
PTI
2 mins read
RBI to come up with unified regulatory framework on connected lending
The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…
2 mins read
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
1 min read
RBI to allow opening of rupee account outside India
The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …
PTI
2 mins read
Rupee falls 10 paise to close at 83.50 against US dollar; Downside restricted by easing political uncertainties, per traders
The rupee settled for the day lower by 10 paise at 83.50 (provisional) against the US dollar on Mon…
PTI
3 mins read
Investors' wealth soars ₹28.65 lakh crore in three days of market recovery after rout
Investors' wealth has soared by ₹28.65 lakh crore in the three-day rally to Friday in the stock m…
PTI
3 mins read
Sensex, Nifty hit all-time closing high levels as RBI raises GDP growth projection
IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains. The RB…