Moody's Investors Service said the 11 Indian state-run banks that it rates could need up to Rs 950 billion ($14.76 billion) in equity capital by March 2019, far above the Rs 200 billion the government plans to inject into state banks by then
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Insurance related SMS marketing campaign could be misleading. Lately, there's an SMS doing the rounds about a policy that will purportedly "triple your investment in 20 years' time". Prima facie, this might seem like a fantastic opportunity. However, does it pass the 'dig a little deeper' test? Let's find out
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Intelligent people seem particularly prone to waiting for the 'big ticket' investment rather than putting away small sums of money in a systematic manner towards their future goals
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Don't let your risk tolerance get in the way of your selecting higher growth instruments. Rather, use risk profiling as a process for building self-awareness and fine tuning your investment choice instead of dictating the choice of asset class altogether
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India's central bank kept its key interest rate unchanged at 6.25 percent on Wednesday, as widely expected, while lowering projections for inflation and striking a somewhat less hawkish tone in a policy statement
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The Reserve Bank warned of fiscal situation getting out of hand if states unabatedly continue to waive farm loans saying it also risk spurring inflation
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The Reserve Bank marginally lowered the economic growth forecast for the current fiscal to 7.3 per cent even as it hoped that remonetisation would enable pick-up in consumer spending, especially in the cash-intensive segments
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The Reserve Bank of India keeps its policy repo rate unchanged at 6.25 per cent, as widely expected, while lowering its projections for inflation after recent data showed consumer prices rising more slowly
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