Pune (Maharashtra) [India], June 16: Investing in fixed deposits to realise your financial and investment goals is a smart choice. This is because FDs are an ideal tool to hedge against risker options and they balance your investment portfolios well. To get the best out of your investment, i
Mumbai (Maharashtra) [India], June 16: Indian private sector lenders have been more vocal in their comments and opinions by occupying a lion's share in the visual media news space during April compared to their state-run cousins.
India's economic growth in the past few years is mainly driven by robust domestic demand and the country will continue to remain among the fastest-growing large economies in 2023, said Reserve Bank of India Governor Shaktikanta Das.
Union Commerce Minister Piyush Goyal said that the Reserve Bank of India and Central Bank of the UAE are in active dialogue for a Rupee-Dirham trade mechanism.
Delhi NCR [India], June 10: The recent decision by the Reserve Bank of India (RBI) not to hike the repo rate unchanged has been met with appreciation. While the current rate of 6.5 per cent is at its highest in four years and impacts affordable housing, the momentum gained by the realty sect
"In a significant move, the Central government on Friday took four important initiatives to strengthen 1,514 Urban Co-operative Banks (UCBs) in the country realising Prime Minister Narendra Modi's vision of 'Sahakar se Samridhi," the statement said.
"The RBI decision to pause was largely on expected lines. The communication was nuanced and tailored to anchor market expectations for the future in terms of a durable glide path of inflation. The bouquet of policy changes on the development front covers a wide spectrum and prioritizes re
Unchanged repo rate as was expected, lowering of inflation projection, and retention of previously forecasted GDP numbers for 2023-24 were some of the key highlights from the three-day RBI monetary policy review meeting.
On May 19, RBI decided to withdraw the Rs 2,000 denomination currency notes from circulation, but said it will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.