Reserve Bank of India to withdraw Rs 2,000 currency notes from circulation RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI MPC: Here is what experts have to say about the policy announcement MPC lowers projection for inflation, raises growth outlook a bit in FY24 RBI Monetary Policy: Repo rate up by 25 ...

RBI may cancel licence of asset reconstruction companies after I-T report The Reserve Bank of India may cancel the licences of a few asset reconstruction companies (ARC) who had been issued show cause notices. RBI had earlier sent show cause notices to a few asset reconstruction companies (ARCs), seeking answers on why their licences should not be cancelled, ...

RBI to transfer Rs 87,416 crore to Centre as surplus for the year 2022-23 Vedanta dividend: Decision on fifth payout today; check all details here RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI MPC: Here is what experts have to say about the policy announcement Nestle India dividend 2023: FMCG giant to ...

Fund pick: HDFC TaxSaver Fund Fund Pick: Aditya Birla Sun Life Short Term Fund a consistent outperformer Fund pick: SBI Focused Equity Fund Fund pick: Nippon India Tax Saver Fund Fund pick: DSP Midcap Fund Fund pick: Axis Long Term Equity Fund Comfort and security: what does it take to set up a smart home Your credit card payments overseas ...

RBI dividends to Centre may double due to gains, aiding fiscal gap By Anup Roy and Tomoko Sato The Reserve Bank of India board may decide to nearly double its dividend to the government from official estimates due to revaluation gains and profits from selling dollars, which could help bridge the fiscal deficit.    A Bloomberg survey of nine ...

Well-equipped to deal with ECL framework: SBI Chairman Dinesh Khara State Bank of India (SBI) is well equipped to comply with the expected credit loss (ECL) framework, without impacting its balance sheet, Chairman Dinesh Kumar Khara said while announcing the bank’s January-March earnings on Thursday. In January, the Reserve Bank of India (RBI) released a discussion paper on the ...

Changes in FEMA rules to bring parity in treatment of overseas spending The finance ministry on Thursday said the changes in FEMA rules, which brings overseas international credit card spending under RBI’s liberalised remittance scheme (LRS), are intended to bring in parity in tax treatment of remittances using debit and credit cards. The ministry said since credit card ...

Paytm partners with SBI Card, NPCI to launch co-branded RuPay credit cards Payments and financial services company Paytm on Thursday announced that it has partnered with SBI Card to launch Paytm SBI Card on the RuPay network. The Paytm and SBI Card partnership, which began in 2020, is now expanding with the addition of National Payments Corporation of ...

Paytm partners with SBI Card and NPCI to launch Paytm SBI Card on RuPay Top card cos to go live with UPI-linked RuPay credit card feature by June HDFC Bank goes live on ‘Rupay Credit on UPI’ feature for customers PAN-Aadhaar link status: Are your cards already linked? Learn how to check ICICI Bank to offer EMI facility for UPI ...

Travelling abroad? Limit personal expenses to $250K on intnl credit cards What is credit score? Why is it important? Your credit card payments overseas will attract a 20% TCS from July 1 HDFC Bank revises credit card rewards points programme for customers Why is demand for private credit on the rise? Top card cos to go live with UPI-linked RuPay ...