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Vegetables add to RBI worry on inflation
RBI said the uneven monsoon is a cause for concern and can adversely impact inflation
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Borrowers can shift to fixed interest rates
Reserve Bank Governor Shaktikanta Das said the lenders will have to clearly communicate with the borrowers about tenor and EMI
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Club fraud and willful defaulters
On the other hand, wilful default indicates non-payment of the borrower even when he/she could make the committed payments. It is often found that the
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Why do farm loan figure look fishy
It seems that the number of farm loan accounts are much more than the farmer families. In some states, the number of farm loan accounts are much highe
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HDFC Bank loans to get costlier
According to HDFC Bank Banksite, the Marginal Cost of Funds-Based Lending Rate or MCLR is the minimum interest rate below which no financial instituti
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MPC expected to keep key rates unchanged
The MPC’s tone may have strong focus on inflation management, given the sustained high prices of vegetables
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Payment without CVV?
CVV is a three digit number printed on the back of debit and credit cards. As per the tokenization guidelines of the Reserve Bank of India (RBI), merc
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Banks start feeling the bite of rising cost of funds
Senior bankers think that the cost of funds will continue to swell for a few more quarters till the repricing of deposit rates that have been rising f
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Credit expansion on an adrenaline rush in June, up 16.2%
Retail loans rose by 20.9% in June 2023 which was a further improvement on the 18.1% growth in June a year ago
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No word from RBI on new CEO: Kotak Bank
Kotak Mahindra Bank has hired an executive search firm. Two of its internal candidates KVS Manian and Shanti Ekambaram are perceived to be among the i
