The Reserve Bank of India (RBI) may relax the Liquidity Coverage Ratio or LCR norms to inject additional liquidity into the banking system according to a report by Jefferies.
Phillip Capital projects the fiscal deficit for FY26 to range between 4.5 per cent and 4.6 per cent of GDP, while FY25 is expected to close slightly higher at 4.6 per cent-4.7 per cent.
The RBI governor exhorted the banks to ensure continued financial stability, deepen financial inclusion, improve digital literacy, enhance the availability and affordability of credit, strengthen customer service and grievance redress mechanisms, and continue to invest in technology.
New Delhi [India], January 27: 121 Finance, an RBI-registered NBFC-Factor, partnered with GeM (Government-e-Marketplace), an initiative of the Ministry of Commerce and Industry, alongside Perfios and Tata Consultancy Services to bring live the new enhanced version of GeM Sahay.
India's foreign exchange reserves continue to decline, extending their slump for about four months now. India's forex reserves have slumped fifteen out of the past sixteen weeks, hitting about an 11-month low.
The agency conducted searches at 10 locations across seven States and union territories. In the searches, several incriminating digital evidence and devices were discovered including Cash of Rs 34 lakh, Digital Virtual Assets of USD 38,414 (approx) in the cryptocurrency wallets.
New Delhi [India], January 24: LiveMint, in collaboration with Mumbai-based CRIF High Mark, an RBI-approved credit bureau, is thrilled to announce a free credit score service for its readers. This initiative empowers individuals to check their credit scores without any cost, providing a vita
Rajya Sabha Deputy Chairman Harivansh addressed the plenary session of the 85th All India Presiding Officers Conference (AIPOC) in Patna on Tuesday. In his address, Harivansh underlined the need for effective scrutiny of budgets in legislatures and said that there needs to be a political con
Niranjan Hiranandani, managing director of Hiranandani Group, on the sidelines of World Economic Forum (WEF) meetings in Davos, spoke about the measures to boost the real estate sector in India, adding that rate cut and incentives are needed.
ARCs are now required to frame Board-approved policies governing the settlement of dues. These policies must cover crucial aspects such as the eligibility cut-off dates for one-time settlements, permissible sacrifices for various exposure categories, and methodologies to determine the realiz
The Reserve Bank of India (RBI) is likely to announce significant changes to its Liquidity Management Framework (LMF), according to a report by the State Bank of India (SBI).