"It is brought to my notice that Shiv Sena (UBT) leader Sanjay Raut has said that beneficiaries of Ladli Behna Yojana are not getting money and the scheme has been closed. I would like to say that Raut should come to Madhya Pradesh and see how money is being deposited in the bank accounts of
The decision was made with a majority vote of 5 out of 6 MPC members. The standing deposit facility (SDF) rate remains steady at 6.25 per cent, while the marginal standing facility (MSF) rate and the bank rate are both maintained at 6.75 per cent.
New Delhi [India], October 5: Navigating the world of business banking can be overwhelming for small business owners. From managing daily transactions to planning for long-term growth, having the right banking services can significantly impact your business's success. In this guide, we'll ex
If the Reserve Bank of India goes for a potential 50 basis point (bp) cut in the repo rate, it is expected to negatively impact the net interest margins (NIMs) of large private banks by 15-20 basis points, highlighted a report by Nomura.
Indian banks are expected to see improvements in their loan-to-deposit ratios after a large majority of them reported increases in the April-June quarter.
Foreign Portfolio Investor (FPI) investment in the Indian stock market surged to an all-time high this week, with net investments totaling Rs 23,659.55 crore, according to data from the National Securities Depository Limited (NSDL).
"ED, Lucknow has provisionally attached properties comprising agricultural land at Bijnor (Uttar Pradesh) and bank deposits worth Rs 52.49 lakh belonging to Rahul Yadav alias Fazilpuria, Elvish Yadav and M/s Sky Digital India Pvt. Ltd. under the provisions of PMLA, 2002 in the "wildlife case
Mumbai (Maharashtra) [India], September 27: Shriram Finance, a leading Non-Banking Financial Company (NBFC) in India, offers special benefits for senior citizens investing in Shriram Fixed Deposit. Senior citizens aged 60 and above will enjoy an additional interest rate of 0.50%* per annum (
According to the police, the incident occurred near Kugawan Village under the jurisdiction of Sanjeevani Nagar police station in the district on Tuesday, September 24. The accused have been identified as Aman Choudhary (18) and Uday Choudhary (20).
Central Depository Services (India) Limited (CDSL), on Thursday announced the introduction of a uniform tariff of Rs 3.50 per debit transaction, effective from October 1, 2024, the company informed the exchange in a filing.
Mumbai (Maharashtra) [India], September 25: Fixed deposits (FDs) have consistently been a go-to investment for individuals who prioritise stability and low risk, as opposed to market-linked investments like mutual funds and stocks.
Tight liquidity conditions and strong credit growth, outpacing deposit accumulation, have prompted banks to turn to bond markets to meet their funding requirements. As of FY2025 year-to-date (YTD), banks have issued Rs. 767 billion in bonds, reflecting a 225 per cent year-on-year increase an