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Investors put $538 billion into cash funds over eight week: BofA

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Volatile Indian equity markets, flows capping downside: BofA on 2023This isn't your mom and dad's recession: BofA's Savita SubramanianInvestors pile into cash at...
Finance

India, Japan, France’s common platform to aid Sri Lankan debt restructuring

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India, Japan and France have announced a common platform for talks among creditors to address the debt restructuring programme of Sri Lanka which...
Finance

Crypto issue requires immediate attention, says FM Nirmala Sitharaman

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Finance Minister Nirmala Sitharaman Issues related to crypto assets require immediate attention and the response of the G20 has to ensure that they do...
Finance

FinMin plans Rs 3K cr extra capital infusion in PSU general insurance firms

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The finance ministry is planning an additional capital infusion of Rs 3,000 crore this fiscal in the three loss-making public sector general insurance...
Finance

Funding constraints may hamper NBFCs’ loan growth this fiscal: Report

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With most non-bankers reaching the maximum funding cap from banks, their projected 16 per cent loan growth may be impacted, leading to margin...
Finance

Credit card spends touch all-time high of Rs 1.37 trillion in March

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Credit card spends touched an all-time high of Rs 1.37 trillion in March 2023, driven by discretionary spends, the latest Reserve Bank of...
Finance

HNIs should opt for trusts

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The Reserve Bank of India recently announced that it will start a new portal that will provide information on unclaimed bank deposits to...
Finance

Indian banks insulated from US, Swiss crises: RBI governor Shaktikanta Das

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Reserve Bank of India (RBI) Governor Shaktikanta Das has said the Indian financial system remains “completely insulated” from the recent turmoil in the...
Finance

India’s forex reserves up $6.3 bn to $585 bn, highest in nine months

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India's forex reserves touch $524.5 bn, lowest level since July 2020RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast...
Finance

Affordable houses are no longer affordable; higher EMIs pinch buyers

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Sales of affordable houses, priced up to Rs 45 lakh, are losing steam due to higher mortgage rates and higher EMI outgo for...
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