The MPC, a six-member team headed by RBI governor Shaktikanta Das, had left the rates unchanged last time, citing concerns about inflation.
Reserve Bank Governor Shaktikanta Das will unveil the resolution of the Monetary Policy Committee (MPC) on Friday
The concept of soundwave payments is rich and much-needed in our country where most people lack financial literacy
A returning non-resident Indian can open a foreign currency account with a bank, but one cannot transfer money from India to these accounts
IndusInd Bank can now be authorised to handle transactions pertaining to revenue receipts under CBDT, CCBIC and GST on behalf of state/central govt
It is always better invest via MFs where one can hire some of the best minds to work for them at fees as low as 1-2% of your corpus
Bankers who are privy to the difficulties faced by the customers, claim that ample time was given for closing these accounts
The Purchasing Managers’ Index (PMI) by IHS Markit India Manufacturing has witnessed a rise from 48.1 in June to 55.3 in July.
Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for July starting from 1 August 2021
The logical question then is why is there an insurance of deposits up to Rs 5 lakhs if all the savings are safe?