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RBI MEETING 2024
India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...- Has government changed PPF, NSC, SCSS and other small savings interest rates for July-September 2026 quarter?Small savings scheme interest rates: The Finance Ministry has kept interest rates on all small savings schemes unchanged for the July–Septe...
- PB Fintech to inject Rs 20 crore into payments arm, expand Dubai presenceThe capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansio...
- HDFC Bank shares in focus as lender appoints ex-finance secretary Rajiv Kumar as part-time chairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time Chairman, following Atanu Chakra...
- HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive ChairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The ba...
- NRI Talk| For a Rs 50 crore NRI portfolio, structure matters as much as stock selection: Tarun BiraniNRIs view India with cautious optimism, recognizing its long-term growth potential despite recent market flatness and rupee depreciation. D...
- Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successorIn a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...
- SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
- RBI revises Kisan Credit Card norms, standardises crop season definitionThe Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...
- HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
- Retail inflation edges up to 3.9% in MayEconomists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and ...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
- ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
- RBI accepts 2 core investment companies' applications for surrendering registrationThe Reserve Bank of India has cancelled registration certificates for several non-banking financial companies and core investment companies...
- India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
- RBI likely to pay record dividend to govt this yearThe Reserve Bank of India is set to transfer its highest-ever dividend to the central government. This substantial payout will offer the Ce...
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