- Mar 04 2015, 2240
The Reserve Bank of India on Wednesday unexpectedly announced a 25 basis point repo rate cut, giving a thumbs up to the Union budget’s fiscal initiatives aimed at reviving economic
- Mar 04 2015, 2239
Banks have come under further pressure to cut lending rates with the Reserve Bank of India (RBI) cutting the repo rate for the second time in less than two months.
- Mar 03 2015, 2301
The Union budget this time doled out a tax-free status on interest income and withdrawals to the newly-launched Sukanya Samriddhi Scheme (SSC).
Investments in SSC are already eligible for
- Mar 02 2015, 2315
The Reserve Bank’s working group, in its report released on Monday, recommended a status quo on the priority sector lending target at 40 per cent but introduced new sectors including
- Mar 01 2015, 0019
Union finance minister Arun Jaitley announced a slew of low cost pension and insurance schemes — Atal Pension Yojana, Pradhan Mantri Suraksha Beema Yojana for providing personal accident cover and
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