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For Q2 growth, cheer urban consumer
While economists expected a GDP growth rate of 6.5%, analysts are now hopeful that the curve might move closer to 7%
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Reliance Capital can’t deal with IndusInd Bank
RBI laid down the condition while giving nod to the appointment of five Hinduja Group representatives as directors on the board of Reliance Capital
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RBI gives flexibility on vostro accounts
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West
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INR could add to inflation pressure only beyond 84: Experts
The indication from economists comes against the backdrop of retail inflation crawling below the 5% level (4.87%) in October 2023
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Sebi board to discuss changes in delisting norms
Speaking at an event organised by industry body FICCI, Sebi chairperson Madhabi Puri Buch said the Sebi management will also table changes on insider
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RBI fines Axis, Mannapuram for flouting rules
The fine has been imposed for non-compliance with certain directions issued by the RBI on KYC, 'Loans and Advances – Statutory and Other Restriction
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Bajaj Fin asked to stop two digital lending schemes
RBI has taken this step as the company was found to be not adhering to set guidelines by the
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UCO Bank IMPS hit by tech glitches
The state-owned UCO Bank has suspended its Immediate Payment Service (IMPS) due to some technical glitches. The financial impact due to this is yet to
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Micro lending set to cross Rs 13 lakh cr in FY24
This year’s report besides microfinance also covers macro-economic context and broader progress under financial inclusion
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Pre-approval vs pre-qualification loan
For many, owning a home is a lifetime dream. To turn it into reality, most people rely on home loans for finance.
