The credit offtake continue to grow at the rate of 13.9 year-on-year to reach Rs. 168.1 lakh crore for the fortnight ending July 12, 2024, however, the pace of growth was slow, a Care Edge report said.
The last day for the public to avail of exchange or to deposit high-value Rs 2000 banknotes at the banks was October 7, 2023. However, the window for depositing and/or exchanging the Rs 2,000 banknotes continues to be available at the 19 issue offices of the RBI.
The credit growth in June 2024 dropped sharply to 17.4 per cent lower than 20.8 per cent in the previous month, however over the last twelve months, credit offtake expanded by Rs. 20.4 lakh crore while deposits expanded by Rs 23.9 lakh crore, a report by Anandrathi observed.
Mumbai (Maharashtra) [India], July 29: Fixed Deposits (FDs) stand out as a traditional yet reliable choice for many individuals seeking stable returns. FDs offer a secure avenue to grow their savings, particularly for those with a conservative risk appetite. One of the key aspects to conside
Mumbai (Maharashtra) [India], July 29: The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results for the quarter ended June 30, 2024.
Central Depository Services (India) Limited (CDSL) on Monday dismissed rumors circulating on social media about unauthorized share sale purportedly authorized by the depository.
As per data from the National Securities Depository Limited, last week foreign investors injected Rs 15,420 crore into Indian markets, but their buying declined significantly for the week July 22-26.
The Delhi Government is considering to provide a concession in the Motor Vehicles Tax for the registration of new transport and non-transport vehicles, provided a certificate of deposit is submitted for an old vehicle handed over for scrapping at a Registered Vehicles Scrapping Facility (RVS
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding liquidity standards, as announced in the April monetary policy.
Lithium deposits have been found in the Mandya and Yadgiri districts of Karnataka, said Jitendra Singh, Minister of State (Independent Charge) for Earth Sciences in Rajya Sabha.
Accused Faijul Sk, a resident of the Gopalganj area of Malda (West Bengal), has also been fined Rs. 5,000, and failure to deposit the same will attract an additional three months of RI.
The foreign portfolio investors have infused Rs 15,420 crore so far this week in the Indian equity market, according to the data by National Securities Depository.