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Higher petrol, diesel consumption can help govt cut fuel cess without impacting revenues: ICRA
Petrol prices have breached over Rs 100 per litre in many places, and diesel prices are also closing in on the three-digit mark in some pockets
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MFs pip direct equities in Q3FY21; household debt spikes
Two visible trends in Q3FY21 are swelling household debt and an increasing appetite for mutual fund investments, as per the RBI preliminary estimates
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Covid-19 treatment loans: Private banks should not shy away
All the nine banks are offering these personal loans designed to help the common people are state-run banks.
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RBI prescribes norms for dividend distribution by NBFCs
The guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards
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Household financial savings moderated to 8.2% of GDP in Q3
The moderation was driven by a significant weakening in the flow of household financial assets, the Reserve Bank of India said
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Microfinance: Here’s how this RBI step is going to benefit borrowers
Microfinance has helped poor people with small loans for start tiny enterprise but it has also overburdened many with unsustainable debt
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Is $600 billion forex reserve adequate for Indian economy?
Though higher reserves help in cushioning domestic economy from external shocks, we must be mindful of the opportunity costs associated with them
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Covid-19 delays report on digital lending by RBI group
While the report submission is delayed, there are fresh cases of illegal activities in India's digital lending sector
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PMC Bank depositors: Here’s when you can get access to deposits
PMC bank updates:
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'PMC Bank customers should get back money without condition'
Paving the way for the takeover of PMC Bank, RBI has granted in-principle approval to Financial Services to set up a small finance bank
