Reserve Bank of India (RBI) has taken serious note that despite the central bank cutting the key policy rate by 150 basis points since January 2015, borrowers continue to pay
Kotak Mutual Fund on Monday said its investor awareness campaign “SIP Day”, organised last Friday, saw over 30,000 people opting to invest through the systematic investment plan (SIP). The
During the tax determination process, a situation may arise wherein due to difference of opinion or scrutiny of accounts the tax officer makes certain additions to the total income of
Job security is a myth during volatile times. If economic growth promises jobs, reversal of economic conditions can very well make one jobless.
Lots of non-convertible debentures (NCDs) are making their way into the market, giving investors the option of adding one more instrument to their portfolio. While NCDs have been around
RBI’s move to allow banks to issue masala bonds will remove obstacles for lenders in accessing additional tier I (AT1) and tier II bond capital and also widen the investors pool, says Fitch.
Reserve Bank of India governor Raghuram Rajan delivered his parting gift on Thursday by announcing a slew of measures for the development of fixed income and currency markets.
Customers of 21 banks will be able to use the unified payments interface (UPI) for sending and collecting money via smartphones, starting today. The UPI application will enable
The Reserve Bank of India (RBI) on Thursday retained the country’s top two lenders — State Bank of India and ICICI Bank — as “domestic systemically important banks” (D-SIB), or