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Finance

RBI to come out with guidelines regarding fraud account classification

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The Reserve Bank will 'shortly' come out with revised guidelines on fraudulent account classification to take into account the recent apex court order...
Finance

We are only pausing on rates, too early to call on inflation fight: Das

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After unanimously pausing for the second time in a row, the Reserve Bank on Thursday reiterated that leaving the key rates and the...
Finance

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

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

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

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

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

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

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

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

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

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

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

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

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

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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...
Finance

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

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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...
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