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Better for RBI to allow rupee to depreciate a bit, finding its natural bal
Updated : 3 years, 5 months ago IST
New Delhi [India], September 28 (ANI): It might be better for the Reserve Bank of India (RBI) to allow the rupee to depreciate a bit, letting it find its natural balance, said Soumya Kanti Ghosh in an SBI research report.
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Tata Capital Home Loan balance transfers, What you need to know
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI/BusinessWire India): Tata Capital's Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home loan balance transfer process. You can now move your home loans from other financial instit
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Rupee depreciates to new lifetime low; stocks decline for sixth day
Updated : 3 years, 5 months ago IST
New Delhi [India], September 28 (ANI): Continuing with the consistent depreciation, the rupee slipped further from the recent low and hit another lifetime low on Wednesday morning. This consistent depreciation follows the ongoing strengthening of the US dollar index for a two-decade high,
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Three-day RBI monetary policy meet starts today; another repo rate hike li
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The monetary policy committee of the Reserve Bank of India is all set for its bi-monthly review meeting starting today.
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SC constitution bench to hear pleas challenging Centre's decision to demon
Updated : 3 years, 5 months ago IST
New Delhi [India], September 27 (ANI): The Supreme Court on Wednesday will hear pleas challenging the centre's decision to demonetise currency notes of Rs 500 and Rs 1,000 in 2016.
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Real estate sector well-placed to absorb RBI's another rate hike, says Ana
Updated : 3 years, 5 months ago IST
New Delhi [India], September 27 (ANI): With the inflationary pressures evident across the globe, many countries have been witnessing back-to-back interest rate hikes. India too is closely knit to the global economy and had to take remedial actions to control inflation, which is driven by dom
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Indian stocks rise after fourth straight day of sharp slump
Updated : 3 years, 5 months ago IST
New Delhi [India], September 27 (ANI): Snapping four straight sessions of sharp losses, Indian stocks again gained some momentum in early trade on Tuesday, possibly due to value buying.
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RBI imposes monetary penalty on Hissar Urban Cooperative Bank
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 26 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 3 lakh on Hissar Urban Cooperative Bank Ltd for violation of banking norms.
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RBI imposes monetary penalty on Andaman & Nicobar State Co-operative B
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 26 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 5 lakh on Andaman and Nicobar State Co-operative Bank Ltd for non-compliance with certain provisions of the banking laws.
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RBI imposes monetary penalty on Varachha Co-operative Bank
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 26 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1 lakh on Surat-based Varachha Co-operative Bank for contravention of directions issued by RBI on loans and advances to directors.
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Slump in Indian stocks continues over monetary policy tightening risks
Updated : 3 years, 5 months ago IST
New Delhi [India], September 26 (ANI): Indian stocks extended their losses from the previous week and declined further on Monday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation.
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No let-up in Rupee depreciation; touches another lifetime low
Updated : 3 years, 5 months ago IST
New Delhi [India], September 26 (ANI): Continuing with the depreciation, Rupee slipped further from the past week's low and hit another lifetime low on Monday morning. This consistent depreciation follows the ongoing strengthening of the US dollar index for a two-decade, on hopes that dem
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