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Finance

RBI likely to hike rates by 25 basis points next week, says economist

By Eltaf NajafizadaThe Reserve Bank of India may hike interest rates by 25 basis points next week and is unlikely to pause anytime...

Fiscal year change-led carry boosts Indian rupee; importers cap upside

The Indian rupee was trading higher versus the U.S. currency on Tuesday, boosted by the carry return of running short dollar positions on...

SBI received Rs 8,800 crore from DFS in FY18 without asking for it: CAG

SBI Q2 PAT may rise up to 98% QoQ, asset quality could improve: AnalystsSBI Q3 profit may rise nearly 60% YoY; deposit growth...

What are municipal bonds, and why do investors prefer them over corp bonds?

Indore's first municipal green bond a beacon for India's urban local bodiesDecoded: What are green bonds and how much will be the govt...

Banking crisis raises concerns about leverage lurking in financial system

By Neil Callanan and Silas Brown As traders rush to identify where the next bout of volatility will come from, some watchdogs think the...

Credit card loans aid over 182,000 street vendors, jobless in Rajasthan

A credit card scheme has benefited more than 182,000 street vendors and unemployed people in the state so far. An officer of the local...

SJVN gets Rs 915 crore from Japan Bank for International Cooperation

State-owned SJVN Ltd has secured Rs 915 crore 'GREEN' finance from Japan Bank for International Cooperation to fund its 90 MW Omkareshwar floating...

Full-KYC Paytm wallets can now make payments across all UPI QR codes

Here's why Macquarie has double upgraded Paytm's stock to 'Outperform'Paytm has lost over Rs 1 trillion in market cap since its issuePaytm, PhonePe...

Many cases may have to be reopened after SC ruling on borrowers’ voice

According to legal experts, in the cases where banks have declared the account as fraud and the same are under challenge on similar...

Debt fund taxation changes to impact corporate bond demand: Fund managers

By Dharamraj Dhutia and Bhakti Tambe MUMBAI (Reuters) - India's decision to take away long term tax benefits for debt mutual funds is likely...

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