The Reserve Bank of India kept its repo rate at 6.25 per cent for a third consecutive policy meeting on Thursday as it continues to guard against any potential flare-up in inflation and an uncertain global economic environment.
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Ban on cash transactions in excess of Rs 2 lakh will not be applicable to withdrawals from banks and Post Office savings accounts, the Income Tax Department has said
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Industry expects the RBI to keep status quo on interest rates as inflation continues to remain on the higher side
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The Monetary Policy Committee, headed by RBI Governor Urjit Patel, began its 2-day meeting on Wednesday amid experts saying that the central bank is likely to hold the rate tomorrow while unveiling the first bi-monthly review of 2017-18 in view of hardening inflation
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You and your friend are nearly the exact same age, and both of you applied for the same Life Insurance policy. Your friend's proposal was accepted, whereas your Life Insurance Advisor came back to you with an increased premium requirement for the same life cover. Confused? Besides your age, here are a few factors that may have influenced this outcome
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It’s critical to align your choice of funds to the time horizon of your goals, regardless of your risk appetite
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The government is considering legislation to empower the Reserve Bank of India in effective handling of stressed assets, in tandem with its broader plan to resolve banks' bad loans
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State Bank of India expects no nasty surprises on bad loans after merging five subsidiary banks with itself at the weekend in a deal that will help it save costs and gain scale
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