NACH, a bulk payment system operated by the National Payments Corporation of India (NPCI) facilitates one-to-many credit transfers such as payment of dividend, interest, salary, and pension.
With a total holding of more than 770 crore, ace stock picker Rakesh Jhunjhunwala also held 64 lakh shares, or 4.8% stake in the company as of March 31
Under G-SAP 1.0, the central bank will purchase Rs 1 lakh crore-worth government securities, and the last transaction of such acquisition to the tune of Rs 40,000 crore is scheduled for June 17.
If you pay the premium amount within a grace period then your health insurance policy can be rescued keeping your policy benefits intact
RBI stance is aimed at giving a boost to consumption and economy, while also keeping a tab on inflation. The accommodative stance is likely to continue till the economy improves.
The RBI Governor said the RBI will "continue to think and act out of the box", planning for the worst and hoping for the best.
Buying a house is one of the biggest financial decisions and one should not rush through the decision-making process
RBI has announced G-sec Acquisition Programme (G-SAP) 2.0 which will help in calming yields and control undue volatility faced by market participants in the government securities market.
The auto fuel prices touched a new all-time high on Friday, with petrol becoming costly by 27 paise and diesel by 28 paise per litre