Lower short-term rates and reduced treasury bill supply drive a surge in certificates of deposit issuances
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India's Unified Payments Interface (UPI) transactions see 49 per cent year-on-year (YoY) growth in volume in June 2024 taking the processed amount to Rs 20.07 lakh crore
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Being on the top of your personal finances can be very simple, in fact the simpler you keep it, the better it is for you
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The purpose of the product is to provide "on tap" short-term credit for working capital needs to Micro SME units that are part of the GST regime
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This strategic investment will help accelerate technology enhancements, expand market reach, and ensure robust infrastructure and customer support for future growth.
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High commissions, a complex cost structure and bundling with life insurance makes ULIPs a product that one should avoid
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The report highlights the increasing dependency on formal lending sources over traditional familial loans when expenses exceed the budget
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The recent changes introduced by the IRDAI have significantly improved the landscape of health insurance claims, benefiting policyholders in various way
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Under this new framework, the RBI will enter into bilateral swap agreements with the central banks of SAARC countries that wish to use the swap facility.
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"The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic and financial stability," says RBI
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