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insurance stocks: Wealth Prime 6 must-reads of the week: Top insurance sector stock bets, how a woman can quietly plan for divorce & more [ad_1] Here is a curated list of the best Wealth Prime stories of the week. We tell you about the insurance stocks that could be the next multi-baggers and the 5 reasons why analysts are bullish ...

RBI net-sold $19.05 billion in forex market in July to protect rupee The Reserve Bank of India (RBI) net sold $19.05 billion in the foreign exchange market in July as it sought to defend the rupee from excessive volatility. The central bank’s net sales of the US dollar in July were the highest since March 2022, when the sales were ...

India’s foreign exchange reserves down $2.23 billion to $550.87 billion The country’s foreign exchange reserves declined by USD 2.234 billion to stand at USD 550.871 billion for the week ended September 9, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the reserves had dropped by USD 7.941 billion to USD 553.105 ...

Be ready to meet the credit demand: FM Nirmala Sitharaman to banks Indian banks have to be ready to meet the credit demand in the economy, which is expected to further pick up in the wake of the festive season and immediately after it as people are willing to spend money and businesses are willing to expand capacity and ...

Banks ensure their systems speak to each other for customer service: FM Finance minister Nirmala Sitharaman on Friday urged banks to ensure that their systems speak to each other so that they are able to serve customers in a better way. The minister, while delivering the keynote address at the 75th annual meeting of the Indian Banks ...

Eldeco partners HDFC Capital to form Rs 350 cr fund for housing projects Realty firm Eldeco group on Friday said it has partnered with HDFC Capital to set up Rs 350 crore fund to develop residential projects across many cities. Eldeco Infrastructure and Properties Ltd (EIPL), a privately held company of the Eldeco Group has “partnered with ...

IRCTC causing loss to exchequer by not issuing invoice: Tax consultant The Indian Railway Catering and Tourism Corporation (IRCTC), a public sector undertaking under the Ministry of Railways, is causing loss to the exchequer by not issuing invoice to the consumers for eatables sold within trains, a tax consultant said on Friday. In a letter to Union ...

RBI: Borrowing money via digital apps? Know your rights to avoid being exploited [ad_1] If you are taking a loan from a digital lending service provider or an app, then it is imperative that you know about your rights. Borrowers having been flocking to digital lending service providers/apps due to the ease and speed with which loans are disbursed. However, ...

RBI likely to raise repo rate by 50 basis points to 5.9%: Morgan Stanley The Monetary Policy Committee in the September credit policy is likely to increase the repo rate by 50 basis points to 5.90 per cent and will keep stance unchanged, according to a report by Morgan Stanley. “We were earlier expecting a 35bp increase,however, ...