The Reserve Bank of India hiked its key lending rate by a more modest 35 basis points to 6.25 per cent, citing slowing inflation after three consecutive 50-bps (basis points) increases to manage price pressures that have remained persistently above the upper end of its target band.
US-headquartered global investment bank Houlihan Lokey is exploring a post-Covid investment situation in India. As mid-sized Indian firms are looking more aggressively towards global capital pools
The Reserve Bank's revised digital lending guidelines, which aim to protect customers from exorbitant interest rates charged by certain entities while also preventing unethical loan recovery practises, came into effect on Thursday.
India's foreign exchange reserves rose for the third straight week to cross $550 billion, weekly data released by Reserve Bank of India data showed.
Central bank digital currencies are digital tokens, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country's fiat currency.
Reserve Bank's first pilot project for retail digital rupee is a "game changer" with durable effects that should ensure better monetary transmission at much lesser costs, SBI Chairman Dinesh Khara said.
Repo Rate is the rate at which the Reserve Bank of India (central bank of the country) gives money to commercial banks.
After the completion of the incorporation of the Company, one should register its Startup in Startup India, started by PM Narendra Modi, to promote Indian Startups.
E-commerce or electronic commerce refers to the transaction (buying and selling) of goods and services primarily using the internet. It also caters to the additional services required to conduct these transactions successfully, like the movement of data and funds.
CIBIL Score alludes to one of the approved credit offices under RBI. It represents Credit Information Bureau India Limited. The organization helps in the estimation of the FICO assessment per person.
The financial year is just to an end and now is when we would be looking over a new financial year and a new budget that would help people overcome their financial troubles. So here are some points about the latest budgets which can revive India's economic growth.
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