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NBFC loan sanctions up 2% YoY to Rs 4.46 trn in quarter ending March

Pulled down by a demand deceleration from urban and semi-urban customers and a contraction in personal and home loans, non-bankers loan book grew...

Credit sanctions to pick up traction as base effect fades, say NBFCs

NBFCs' share in India's lending pie fell to 5-year low of 19.8% in H1FY23Your credit card payments overseas will attract a 20% TCS...

RBI Monetary Policy set to be announced tomorrow: What to expect?

The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is all set to announce its monetary policy decision tomorrow....

How and When to claim a refund ?

Tax collected at source (TCS) is the tax collected by the seller from the buyer on sale so that it can be deposited...

Bond issuances by banks to fall below Rs 90,000 cr in FY24: Report

Bond issuances by banks may fall below Rs 90,000 crore in FY24 due to easing liquidity conditions, rating agency ICRA has said in...

How a repo rate hike/cut impacts your home loans and EMIs

The Reserve Bank of India is expected to keep the repo rate unchanged at 6.50% on Thursday, for a second straight month, signaling...

RBI permits international banking units at IFSC to settle NDDCs in rupee

The Reserve Bank on Tuesday permitted international banking units (IBUs) in GIFT City in Gujarat to settle non-deliverable foreign exchange derivative contracts (NDDCs)...

Building Toward Equitable Schools for the 21st Century

By: Loredana Valtierra, U.S. Department of Education Policy Advisor As schools reopened during the COVID-19 pandemic, indoor air quality arose as a top concern...

U.S. Department of Education’s Office for Civil Rights Resolves Racial Harassment Investigation of Beecher Community Unit School District 200U in Illinois

The U.S. Department of Education’s Office for Civil Rights (OCR) announced that the Beecher Community Unit School District 200U, near Chicago, entered into...

Non-life insurance premium grew 18.1% to Rs 18,031.48 crore in May

New tax norm to hurt insurers; stocks attractive for the long run: AnalystsIncrease in premium amount of life insurance a big concern for...

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