Search For "bank"
Manipal Business Solutions collaborates with Assam Rural Infrastructure an
Updated : 3 years, 5 months ago IST
Guwahati (Assam) [India], September 30 (ANI/PRNewswire): Manipal Business Solutions (MBS), one of India's leading and most trusted Fintech company, has been accelerating the fintech revolution by driving financial inclusion, offering banking services to the last mile, spreading financial awa
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Experts fear rate hike may dampen consumption, express optimism over resil
Updated : 3 years, 5 months ago IST
New Delhi [India], September 30 (ANI): After the Reserve Bank of India (RBI) hiked repo rate on Friday, it brings into focus how the hike was in line with the tightening policies across the economies as expected by experts.
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Indian equities snap 7-day losing streak; Sensex surges 1,017 points
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): The Indian stock market's benchmark Sensex surged by over 1,000 points on Friday after the Reserve Bank of India (RBI) hiked the policy repo rate by 50 basis points, which was largely expected by the markets.
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Sensex surges 1,200 points as RBI hikes repo rate 50 bps on expected lines
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): The Indian stock market's benchmark Sensex surged by more than 1,200 points in the intra-day on Friday after the Reserve Bank of India (RBI) hiked the policy repo rate by 50 basis points, which was largely expected by the market.
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Paytm, Flipkart ink deal; Now buyers can shop on payment firm's app
Updated : 3 years, 5 months ago IST
New Delhi [India], September 30 (ANI): Payments company Paytm said e-commerce sales are back and all eyes were on a unique partnership — Flipkart and Paytm — this festive season.
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RBI hikes repo rate by 50 bps to fight high inflation, tightening policies
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Reserve Bank of India's Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 per cent. Explaining the rationale behind the policy, the governor said the bleak global economic outlook, persisting inflati
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RBI hikes repo rate by 50 bps to 5.90 pc, inflation projection retained at
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): The Reserve Bank of India (RBI) on Friday hiked repo rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. Read More
Indian markets open in negative territory during morning trade
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Indian markets on Friday were volatile and in negative territory during the morning trade. At 9.25 IST, the 30-share Sensex fell 0.33 per cent to 56,224 while Nifty was down 0.31 per cent to 16,786, as market participants track global cues and wait for RBI
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China's crashing economy: A deflationary effect of Zero Covid Policy
Updated : 3 years, 5 months ago IST
Beijing [China], September 30 (ANI): The World Bank concluded in its recent forecast that Beijing's economy will grow at a slower rate than the rest of East Asia this year as China's Zero Covid Policy has resulted in the shutdown of businesses in the country impacting hundreds of thousands o
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India's current account deficit widens to 2.8 per cent of GDP in April-Jun
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 29 (ANI): India's current account deficit (CAD) widened to $23.9 billion or 2.8 per cent of the country's gross domestic product (GDP) in April-June period of the current financial year from $13.4 billion recorded in the previous quarter, as per data r
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Indian markets end flat: Sensex down 188 pts, Nifty down 41 points
Updated : 3 years, 5 months ago IST
Mumbai [India], September 29 (ANI): The benchmark indices on Indian equity markets closed flat on Thursday, due to the selling pressure prevalent in global markets. The S&P BSE ended 0.33 per cent lower at 56,409 level, 188 points down from the previous session while Nifty50 closed at 16
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ED freezes bank accounts of OctaFX in illegal forex trading case
Updated : 3 years, 5 months ago IST
New Delhi [India], September 29 (ANI): The Directorate of Enforcement (ED) on Thursday said it has frozen the account balance to the tune of Rs 21.14 crore of OctaFX India Private Ltd and related entities in a case related to the violation of FEMA regulations.
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