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Articles for Banking & Finance

Policy Rates Unchanged, Reverberations For Real Estate Sector

The continued withdrawal of accommodation at a higher interest rate has made real estate experts opine about a prolonged constant rate of interest on home loans

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MPC Keeps Key Policy Rates Unchanged: Expert Views On Liquidity Adjustment Facility

The Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates were left unchanged at 6.25 per cent and 6.75 per cent, respectively

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RBI Maintains Status Quo In Policy Rate For 5th Time Now

RBI Governor Shaktikanta Das attributed declining inflation as the reason behind maintaining status quo in the policy stance

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RBI To Reveal Monetary Policy Today, Another Pause In Repo Rate Most Likely

The monetary policy committee is most likely to maintain the status quo

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Venture Catalysts Takes Partial Exit From Insurance Samadhan

Angel Investors made an exit with a three times return on their investment

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NFRA Bans Auditors For 10 Years Over DHFL's FY18 Audit Lapses

In October 2023, the NFRA had debarred 18 other auditors for up to a year and also imposed penalties on them, citing professional misconduct in the audits of various branches of the crisis-hit DHFL

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Bank of India Plans To Generate Rs 4,500 Cr Through QIP

A Capital Issue Committee meeting is scheduled for 8 December 2023, where discussions will occur regarding the issue price and permissible discounts under SEBI ICDR Regulations

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CBI Examines UCO Bank Accounts: Thousands Opened Around Transfer Dates For Surprise Credits

The agency is examining a case where more than 41,000 UCO Bank customers received unanticipated credits between 10-13 November, with no corresponding debits in the originating accounts

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