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Finance

Finance

Post office saving schemes compete with bank FDs after 3 rate hikes by govt

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Post office term deposits, which were fetching lesser returns than bank FDs in the recent past, have again become competitive with the government...
Finance

LIVE: We will work towards inflation target of 4%, says RBI Governor

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Catch all the updates of the live address by Reserve Bank of India's Governor Shaktikanta Das on the decision by the Monetary Policy...
Finance

RBI repo rate decision: When and where to watch speech of governor Das

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RBI Monetary Policy decision: The speech can be watched on RBI's YouTube channel. It will be broadcast on PIB's YouTube channel as well Source...
Finance

SC slams practice of sealed report

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The Supreme Court on Wednesday slammed the practice of filing sealed cover reports in courts and said it violates both principles of natural...
Finance

MPC votes for pause, keeps repo rate unchanged at 6.5%

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The Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at 6.5 per cent. While announcing the decision, RBI governor...
Finance

RBI to set up portal to search across multiple banks for unclaimed deposits

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The Reserve Bank on Thursday announced to set up a centralised portal to access details of unclaimed deposits by depositors or their beneficiaries...
Finance

Banks sanction Rs 23.2 trn to about 400 mn beneficiaries under Mudra Yojana

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Banks and financial institutions have sanctioned Rs 23.2 trillion to over 408.2 million beneficiaries under the Mudra Yojana since its launch in 2015. Pradhan...
Finance

MPC presses ‘pause’ after hiking rate by 250 bps since May 2022

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In a surprise move, the six-member Monetary Policy Committee (MPC) on Thursday decided to keep the policy rate unchanged at 6.5 per cent....
Finance

As RBI keeps repo rate unchanged, here’s a timeline of it since June 2000

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MUMBAI (Reuters) - The Reserve Bank of India surprised markets by holding its key repo rate steady on Thursday after six consecutive hikes,...
Finance

Current account deficit to remain moderate, eminently manageable: RBI Guv

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Reserve Bank Governor Shaktikanta Das on Thursday excuded confidence that India's current account deficit (CAD), a key external sector indicator, is likely to...
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