The latter will allow the RBI to be non-committal on the future course of action, retaining the flexibility to react to the evolving inflation trajectory, said DBS, a leading Asian bank with focus on further expanding in India
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Accounts with a balance of Rs 10 million ($155,994.07) and less will earn 3.5 per cent per annum effective July 31, while those above Rs 10 million will continue to earn 4 per cent per annum
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The basic rule of the pyramid is to start from the bottom and move up, rather than attempting to address all aspects of it at once
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The exclusivity agreement with HDFC Life, valid till 31 July 2017, will not be renewed, informed the companies in an official statement
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Mutual funds' assets under management (AUM) from B15 locations - small towns beyond top 15 (T15) cities - grew from Rs 2.42 lakh crore in June-end 2016 to Rs 3.54 lakh crore at the end of June 2017
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The ratio of cost of acquisition to book value of assets acquired by ARCs has been rising, says Arun Jaitley
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Corporate Bond Funds are best suited for seasoned debt fund investors who understand the precise risks at play
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Rather than being concerned at India's falling policy rate premium over the United States, foreign investors are giving the country's markets the thumbs up.
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