Standard Chartered does not see rupee cross 84 even if dollar climbs Sinha said the RBI will continue to maintain tight liquidity conditions to help support the rupee unless “we see big shocks from the global markets or if crude starts trending higher”

Last date to exchange Rs 2,000 banknotes is tomorrow, clarifies RBI The RBI had earlier fixed September 30, 2023 as the last date for the purpose of completing the exercise in a time-bound manner and to provide adequate time to the public

RBI reviews flow of credit to MSMEs, delibrates on bridging credit gap The RBI’s Standing Advisory Committee (SAC) reviewed the flow of credit to Micro, Small and Medium Enterprises on Friday at its meeting held in Lucknow, a central bank said in a release. The 28th meeting of SAC was chaired by RBI Deputy Governor Swaminathan J, and attended by ...

Govt raises interest rate on 5-year recurring deposit to 6.7% for Dec qtr According to a finance ministry circular, the interest rate on savings deposit has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent

Multi cap or flex fund? Where should you invest and why Both categories have a blend of large, mid and small caps. They also give a better sector diversification and superior return profile compared to large caps over long run

No Relief In ₹10l Tax Fine For Not Disclosing Foreign Assets [ad_1] Mumbai: Income tax authorities are increasingly issuing show-cause notices seeking explanations on foreign investments not disclosed in ‘schedule-FA’ in tax returns. A recent order of the Mumbai bench of the ITAT, which upheld a penalty of Rs 10 lakh under the Black Money Act for each year of ...

PPF interest sukanya samriddhi interest: Will PPF, Sukanya Samriddhi, SCSS interest rates be hiked for December quarter? [ad_1] Interest rates of various small savings are due for review by the end of this month, i.e., September 30, 2023. The Central Government has hiked the interest rates of several small savings schemes including Senior Citizen Savings Schemes (SCSS), National Savings Certificate ...

30-year sovereign green bonds may attract insurance companies, not banks A report by Nomura expressed disappointment at the government’s sporadic issuance of green bonds, stating it has led to a relative lack of liquidity in these securities

Has the last date to add nominee to mutual funds been extended? [ad_1] The requirement for nomination/opting out of nomination for all existing individual unit holders owning mutual fund units, either singly or jointly, before the deadline, or the folios will be frozen for debits, was specified by the Securities and Exchange Board of India (SEBI).The deadline to add nominee ...

India bond yields dip as investors eye second-half borrowing calendar The 10-year benchmark 7.18% 2033 bond yield ended at 7.1441% after closing at 7.1541% in the previous session