RBI paper sees enough signs of firming up disinflationary trends Defending the surprise unanimous pause in the April policy after a steep 250 bps hikes in six consecutive steps since May 2022, an RBI paper sees “enough early signs of disinflation firming up into a central tendency” — meaning going forward, more monetary policy actions may not be warranted. ...

post office scheme: Higher interest rates see money flowing to post office schemes [ad_1] Financial planners believe April is likely to see money flow into fixed-income postal savings plans after the government announced higher rates on several postal products for the April to June 2022 quarter. Those increases coincide with the federal move to remove indexation benefits on debt mutual ...

Flows into NRI bank deposits in India top $6 bn mark in April 2022-Feb 2023 A further analysis indicated FCNR (B) deposits were $18.4 billion this February, marginally up from $18.2 billion in January The bank accounts of non-resident Indians (NRIs) held in the country received $6.4 billion during April 2022-February 2023, more than twice the $2.35 billion during the ...

personal finance: How to manage loans & credit rating, avoid defaults: Aparna Ramachandra [ad_1] Aparna Ramachandra, Founder Director, Rectifycredit.com, says in the case of personal loans, obviously the penalty charges are higher. But when it comes to home loans, there are three charges there. There is something called a check bouncing charge or bounce charge because the lender has come ...

RBI allows HDFC Bank to meet priority sector goal in 3 years post merger 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 HDFC Bank shares fall post Q3 ...

smallcap mf: Small cap mutual funds offer 19% in 10 year. Want to invest? [ad_1] Mutual fund advisors have been asking investors to go for equity mutual funds, especially small cap funds in a big way as they think the valuations have become very attractive lately. ETMutualFunds recently wrote a story where three advisors spoke about the reasons why they ...

A snapshot of personal loan rates offered by various banks with details SBI personal banking loan book up Rs-5 trn mark, helped by digital push How have the home loan EMIs changed since RBI’s repo rate hike in May 2022? CBI arrests Videocon Group founder Venugopal Dhoot in ICICI loan fraud case Pakistan, IMF fail to reach common ground on ...

Currency Impact: How investors can track the impact of currency on their portfolio? Tarun Birani explains [ad_1] “RBI moves at the time whenever you see there is a risk off environment building up in the globe. What we have seen, the dollar rising. At that point of time, normally central banks, RBIs increase the interest rate,” says Tarun Birani, TBNG ...

Fund pick: DSP Equity Opportunities Fund Fund Pick: SBI Conservative Hybrid Fund is a consistent outperformer 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 Ultra-rich Indians are now parking more money in gold: Knight Frank survey Jog, dance, ...

CRED UPI: CRED launches UPI peer-to-peer (P2P) payments: Important features [ad_1] CRED has launched services of UPI peer-to-peer (P2P) payments. The new payment method has been made available with the introduction of Scan & Pay, which enables users to “pay anywhere” via UPI. According to the CRED press release, “While UPI has created a revolution in digital payments with a ...