June 21, 2023: The Competition Commission of India (CCI) has approved the proposed combination involving acquisition of additional shareholding of HDFC Life Insurance Company Limited by Housing Development Finance Corporation Limited (HDFC Ltd). HDFC … READ FULL STORY
June 12, 2023: Banks might have to pay compensation to borrowers in case they misplace their property documents if the Reserve Bank of India (RBI) accepts the recommendations of the high-level panel. For the … READ FULL STORY
Among the many tools that help one measure the financial stability of an entity is its capital adequacy ratio. What is capital adequacy ratio? Capital adequacy ratio (CAR) is the ratio of a … READ FULL STORY
June 8, 2023: The Reserve Bank of India (RBI) decided to leave the repo rate unchanged at 6.5% while announcing the second monetary policy for this financial year (FY24). The decision of the six-member … READ FULL STORY
June 7, 2023: Analysts and experts expect the Reserve Bank of India (RBI) to maintain a status quo on its benchmark lending rate during its policy announcement on June 8, 2023. They are of … READ FULL STORY
June 1, 2023: The Indian economy grew 7.2% in the financial year 2022-23 (FY23), government data showed today. This is slightly higher than the government’s own forecast of 7%. Reserve Bank of India governor … READ FULL STORY
May 31, 2023: India’s apex bank may reduce its key benchmark lending rate in the fourth quarter of 2023 amid easing inflation and other factors, global forecast agency Oxford Economics said on May 29, … READ FULL STORY
What if you feel your concern has not been addressed properly by a bank, housing finance company or a non-banking finance company? Worse still, what if the bank has ignored your complaint? Does a … READ FULL STORY
May 22, 2023: State Bank of India (SBI) on May 20, 2023, said the customers could exchange their Rs 2,000 notes at its branches without obtaining any requisition slip. No identity proof like Aadhaar … READ FULL STORY
The iconic 23- storey Air India building at Nariman point will be sold to Maharashtra government for Rs 1,600 crore. While the finer details are being worked out, Maharashtra government has asserted that it … READ FULL STORY
Assocham President Ajay Singh on April 4, 2023, urged the Reserve Bank of India (RBI) to maintain a status quo in the repo rate in the wake of uncertainties in the global business environment. … READ FULL STORY
Developers’ body Confederation of Real Estate Developers’ Association of India (Credai) has urged the RBI (Reserve Bank of India) to maintain a status quo on the benchmark lending rate, citing financial challenges faced by … READ FULL STORY
The Reserve Bank of India (RBI) may go for yet another increase in April 2023 in its benchmark lending rate as inflation remained way above its tolerance zone in February 2023. The next monetary … READ FULL STORY
