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Finance

Finance

RBI projects FY24 inflation at 5.2%

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The Reserve Bank on Thursday projected marginal easing in retail inflation to 5.2 per cent in the current fiscal, but cautioned that the...
Finance

MPC lowers projection for inflation, raises growth outlook a bit in FY24

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The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday slightly lowered its projection of retail price inflation by...
Finance

Fund pick: DSP Midcap Fund

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One in two urban Indians investing more post Covid: DSP MF-YouGov SurveySebi fines DSP group firms Rs 1 lakh for charging TER from...
Finance

A snapshot of car loan interest rates offered by various firms with details

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SBI personal banking loan book up Rs-5 trn mark, helped by digital pushHow have the home loan EMIs changed since RBI's repo rate...
Finance

Difference between NPS and OPS explained

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The finance ministry on Thursday notified the establishment of a committee to assess the pension system for government employees, in line with finance...
Finance

BoM strengthens ease of banking for customers; launches new products

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State-owned Bank of Maharashtra (BoM) on Friday announced launch of several new products and utilities including digitised personal loans and upgraded mobile banking. To...
Finance

Foreign exchange reserves at $578.45 bn, snaps 2-week rise, shows RBI data

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MPC lowers projection for inflation, raises growth outlook a bit in FY24India's forex reserves touch $524.5 bn, lowest level since July 2020No change:...
Finance

RBI proposes expanding UPI payments to allow pre-sanctioned credit lines

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Expanding the scope of Unified Payments Interface (UPI), the Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said pre-sanctioned credit lines...
Finance

RBI allows UPI linking with pre-sanctioned credit lines from banks

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The Reserve Bank of India (RBI) on Thursday proposed expanding the reach of the Unified Payments Interface (UPI) digital payments system by allowing...
Finance

Industry associations welcome RBI decision to pause interest rates

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RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%RBI MPC: Here is what experts have to say...
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