The US Federal Reserve recently cut its rates sharply by 50bps to facilitate spending and investment in the country. The Fed lowered...
The US Federal Reserve is only one of the many central banks around the world that have started cutting interest rates but the Reserve...
Gold reserves increased by $899 million to $62.887 billion during the week, the special drawing rights (SDRs) were down by $53 million...
Banks in India are generally open on the first, third and fifth Saturdays of the month unless a specific holiday is observed....
The Reserve Bank of India (RBI) on Thursday lifted certain restrictions on IIFL Finance’s gold loan business. The central bank had imposed...
As the US Federal Reserve surprised the world’s financial markets with a 50 basis point rate cut, RBI Governor Shaktikanta Das now...
Settlement of all outstanding transactions due on September 18, 2024 (Wednesday) will get postponed to the next working day, i.e., September 19,...
The MPC headed by the RBI Governor is scheduled to meet between October 7 and 9 and take call on interest rate....
Many lenders have recently adjusted their marginal cost of lending rates (MCLR). Under the marginal cost-based lending rates (MCLR) system, banks adjust...
The scheme would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty...