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Finance

NPS subscribers can soon opt for periodic withdrawals; check details here

Deepak Mohanty, chairman of the Pension Fund Regulatory and Development Authority (PFRDA), said that subscribers to the National Pension System (NPS) are expected...

Opt out of pesky calls, then don’t come to us for products: Sanjiv Bajaj

The individuals who do not want to receive telemarketing calls from Bajaj Finance will soon get an option to do so, but once...

Repo rate unchanged at 6.5%, worst over for home loan borrowers

The Reserve Bank of India on Thursday kept the key repo rate unchanged at 6.5 per cent, which means that if you have...

Indian rupee poised to open lower tracking yuan slide, eyes on RBI outcome

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is poised to open lower on Thursday, pressured by the Chinese yuan-led fall in Asian...

Minimum assured return scheme in works; to be launched soon: PFRDA Chairman

Pension Fund Regulatory and Development Authority (PFRDA) chairman Deepak Mohanty on Wednesday said the regulator is working on a pension scheme which could...

Tepid response to RBI’s two-day VRRR auction; banks park Rs 1,850 crore

WPL auction: Smriti Mandhana goes to Royal Challengers for Rs 3.4 crIPL Mini Auction 2023: Five players who will rake in the moolah...

Nearly 80% Indians depositing Rs 2,000 notes instead of exchanging: Report

Provide adequate infra at branches for Rs 2,000 note exchange: RBI to banksIndia was close to printing Rs 10,000 notes in 2016: All...

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....

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