Stock costs recuperating, the Finance Ministry will poke no less than six open segment banks to hit markets to raise subsidizes and facilitate the weight on the exchequer of pumping in capital according to the Indradhanush arrange.
Continue Reading
Indian banks’ loans rose 5.1 percent in the two weeks to March 31 from a year earlier, while deposits rose 11.8 percent, the Reserve Bank of India’s weekly statistical supplement showed on Friday.
Continue Reading
On Wednesday, RBI (Reserve Bank of India) announced that there will not be any cash withdrawal restrictions from savings bank accounts starting from 13th March. However, the entire process will be done in 2 phases. Starting from 20th February, the limit on cash withdrawal will be increased to Rs 50,000 a week from the existing […]
Continue Reading
RBI (Reserve Bank of India) in its 6th bi-monthly policy statement for the year on 8th February, 2017, may have to hold back the repo rate cut until something emerges out of the remonetisation exercise. All credit goes to demonetisation because of which banks have sufficient funds and rate cut may not lead to good […]
Continue Reading