Let us see the meaning of repo rate, reverse repo and bank rate. The Reserve Bank of India serves as a lender of last resort to commercial banks, offering short-term loans during fund shortages. It also helps to maintain liquidity. The repo rate is the interest rate charged by the central bank when lending short-term […] Read More
With effect from January 1, 2022, no entity in the card transaction / payment chain, other than the card issuers and / or card networks, shall store the actual card data Read More
Cash-out at any ATM of more than 10 hours in a month will attract a flat penalty of Rs 10,000 per ATM. Read More
This SGB tranche is opening for subscription from May 17 and the issue price is Rs 4,727 per gm after discount of Rs 50 for online investment and digital payment Read More
The global rise in yields does not mean a ‘sell call’ on equities, although returns will fall for existing debt investments Read More
The move may just be the beginning of a viable substitute for small savings schemes at market rates Read More
In its recently released report, the RBIʹs Internal Working Group (IWG) has proposed several recommendations to harmonise the ownership guidelines, regulatory landscape, and corporate microstructure of Indian private banks. Read More
The RBI has kept the repo rate unchanged at 4% while maintaining its accommodative policy stance. The Monetary Policy Committee (MPC) of the RBI voted unanimously in favour of keeping the policy repo rate unchanged for the second consecutive time. Read More
Consistently, the Reserve Bank of India (RBI) changes the interest rates in the nation utilising its fiscal strategy. This influences various loans and deposits. You realise that loan rates change. Nonetheless, do you realise that your investments get influenced as well? Read More
The Reserve Bank of India (RBI) in its monetary policy meet on 6th February decided to keep repo rates unchanged at 5.15% as expected. This was because of price pressures remaining elevated. However, the central bank has come up with the range of liquidity tools to fuel the slowing economy. These were a series of […] Read More
