With the aim of improving the transmission of interest rates changes, the Reserve Bank of India (RBI) has decided to harmonise the methodology of determining benchmark rates by linking the Base Rat
The Monetary Policy Committee (MPC) on Wednesday voted 5-1 in favour of leaving the repo rate unchanged at 6 per cent in line with market consensus in its sixth bi-monthly monetary policy.
The sentiment in the bond market is likely to remain weak in the run up to central bank’s monetary policy on February 6-7.
Your bank deposit rates are likely to fetch you more returns in the coming months as banks are witnessing an accelerated credit growth while deposit mobilisation continues to remain weak.
To curtail the rising number of fraudulent claims in health and motor business, non-life insurance companies have come together to identify the hotbeds of frauds.
Lower treasury gains and losses due to falling bond prices and elevated provisioning on the back of ageing of bad loans and on cases referred to National Company Law Tribunal (NCLT) will continue t
Intense competition continues to extract a heavy toll on public sector non-life insurance companies.
The New India Assurance is the largest non-life insurance company in the country. It got listed in November.
Making home and other retail loans cheaper to old borrowers in the New Year, State Bank of India (SBI) on Monday cut its base rate and its benchmark prime lending rate (BPLR) by 30 basis points (bp
The Indian 10-year bond yields have been rising for the past five months, driven by strong supply, but weaker demand as rising crude oil prices pose risk to inflation and fiscal dynamics.