Fri, Dec 01, 2023
Consequently, while it becomes more expensive for financial institutions to lend in these segments, the borrower will also have to bear the brunt of higher interest rates.
Sat, Nov 25, 2023
The auctions, scheduled for December 1, will be facilitated by the Reserve Bank of India (RBI) at its Mumbai Office.
Fri, Nov 24, 2023
SBI Card share price: The brokerage firm InCredit Equities pointed out in its report that while private banks will see an impact of around 5 per cent of the net loans, SBI Card will see a 100 per cent impact.
Thu, Aug 24, 2023
Focus on NBFCs companies: How much increase in loan growth of companies? How will be the growth of the business going forward? CARE report on NBFCs, know from Varun Dubey...
Sat, Aug 19, 2023
The RBI said that through the new portal, users will be able to identify their unclaimed deposits or accounts and then either claim the deposit amount or make their deposit accounts operative again.
At the time of sanction of EMI based floating rate personal loans, REs are required to take into account the repayment capacity of borrowers to ensure that adequate headroom/ margin is available for elongation of tenor and/ or increase in EMI, in the scenario of possible increase in the external benchmark rate during the tenor of the loan.
Fri, Aug 18, 2023
According to the Reserve Bank of India guidelines, if you have received a fake note in a transaction, and do not remember where you got it from, you need to inform the bank or the police. Circulation of counterfeit currency is a punishable offence under Section 489A of the Indian Penal Code (IPC).
Mon, Aug 14, 2023
In July, fuel and power prices fell 12.79 per cent from a year earlier, compared with a fall of 12.63 per cent in June, and prices of primary articles rose 7.57 per cent versus a fall of 2.87 per cent.
Thu, Aug 10, 2023
RBI MPC MEET OUTCOME: The MPC members unanimously decided to maintain the status quo on the repo rate, Governor Shaktikanta Das said in his policy speech on August 10. The Reserve Bank of India (RBI) has made an upward revision to its inflation forecast for 2023-24, raising it by 30 bps to 5.4%.
The RBI Governor noted that headline inflation rose in June and is expected to surge in July as well as August due to vegetable prices.
The Reserve Bank of India (RBI) has possibly been selling dollars to prevent the rupee from weakening below what is regarded a highly important level, according to traders.
Wed, Aug 09, 2023
The repo rate was last raised by the RBI in February and stands at 6.5 per cent presently. Repo rate or repurchasing option rate is the rate at which banks borrow money from the RBI.
Tue, Aug 08, 2023
Monetary Policy will come on August 10, what is the opinion of experts about the policy? What will RBI do about inflation and growth? What do experts have to say in ZeeBusiness's Expert Poll?
Sun, Aug 06, 2023
According to another set of RBI data for April, loan growth of medium industries was 19.1 per cent against 53.7 per cent last year.
The borrowing cost, which started rising in May last year, has stabilised with the RBI keeping the repo rate unchanged at 6.5 per cent since February when it was raised from 6.25 per cent.
Tue, Aug 01, 2023
The total value of Rs 2,000 banknotes in circulation, which amounted to Rs 3.62 lakh crore on March 31, 2023, had declined to Rs 3.56 lakh crore as at the close of business on May 19, 2023.
Sun, Jul 30, 2023
The RBI Governor-headed six-member Monetary Policy Committee (MPC) meeting is scheduled for August 8-10.
Thu, Jul 13, 2023
Our #June CPI @ 4.81%, at a 3-month high
IIP growth picks up from 4.2% to 5.2% in May (MoM)
How much the worry of inflation has increased in our country?
What is the reason for the rise in inflation in June?
Will have to wait long for a rate cut from RBI?
Wed, Jul 12, 2023
Digital Rupee: Let us tell you that digital rupee is the electronic form of notes and coins. After the introduction of e-rupee, you will not need to keep coins. The only difference is that you will have to do this transaction online i.e. digitally. Digital Rupee is based on blockchain technology.
Thu, Jul 06, 2023
SBI Card, HDFC Bank, ICICI Bank, Bajaj Finance and other stocks from the banking and financial services basket staged mixed moves on Thursday, a day after the RBI asked banks and non-banking financial companies to issue credit, debit and prepaid cards on multiple networks to give customers the freedom to choose.
Sun, Jul 02, 2023
The share of residential housing loans in total loans has increased over the last eleven years to 14.2 per cent in March 2023 from 8.6 per cent in March 2012.
Tue, Jun 27, 2023
Cibil Credit Score: RBI imposed a fine of more than ₹ 1 Cr on CIC's for negligence in updating Cibil credit score. On the basis of Cibil score, it is decided whether you should be given a loan from the bank or not. The CIBIL score ranges from 300 to 900. Generally up to 750 or above is considered good.
Tue, Jun 20, 2023
The Reserve Bank of India (RBI) has introduced a comprehensive regulatory framework for compromise settlements and technical write-offs, which aims to enhance the resolution of stressed assets and streamline instructions for regulated entities.
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