As expected, banks experienced some relief from tight liquidity in the first week of this month.
Despite a sharp fall witnessed on Thursday, the rupee is still the best performing currency in Asia this year after…
Banks see strong urban demand over last five years
Experts say that NBFCs have increased their overseas borrowing after the RBI raised risk weights in November, resulting in higher…
The IBA meeting was held to discuss the implications of the RBI’s proposed guidelines on project finance.
The local currency plunged to as low as 83.5725, near to its previous record low of 83.5750 touched in April,…
The good news is the apex bank revised the GDP growth forecast upwards to 7.2% for the current financial year…
Economists now expect it in Dec policy
Under the extant guidelines, when an ARC acquires distressed debt, it becomes trustee of the underlying asset. So, currently there…
Government spending was not happening due to model code of conduct which was imposed due to general elections
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.17% higher at 104.25.
On Monday, the Nifty Bank index closed at 50,979.95, registering a gain of 4%.
The banker explained that over a 10-year period, the PD comes to 5%.
Looks to bolster GIFT City appeal
SROs to frame, enforce standards for sector
These projects are required to be taken up for special monitoring by the respective administrative ministries, the report added.
Imposes business restrictions
Bond yields have eased over the last few sessions, after the Reserve Bank of India’s board on May 22 approved…
