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RBI MPC | RBI Repo Rate: Will FD interest rates drop sharply if RBI MPC keeps repo rate unchanged on October 6, 2023? [ad_1] The Reserve Bank of India (RBI) monetary policy committee (MPC) is likely to put a pause on the repo rate again in its bi-monthly review scheduled on October 4-6, 2023. If the central bank keeps the ...

Indian rupee to trade in tight range as RBI keeps intervening: Poll Still, the rupee has been trading close to its record low of 83.29 to the dollar as traders bet against Asian currencies

A 'Slice' of lifeline: Fintech firm to infuse capital in North East SFB To merge Fintech for capital infusion in the bank, lower promoter stake

Muneesh Kapur appointed as RBI's executive director, takes charge Oct 3 He also worked as the Adviser to the Executive Director at the International Monetary Fund from 2012 to 2015

4 myths and facts about financial planning you should know [ad_1] On the occasion of world financial planning day on October 4, 2023, the Financial Planning Standards Board (FPSB) India, released a survey report titled ‘Global Value of Financial Planning Consumer Study 2023’. The survey report focuses on many aspects such as financial confidence, quality of life, financial satisfaction, etc. ...

5 core SBI banking services at your doorstep: State Bank of India launches ‘Mobile Handheld Device’ [ad_1] With an aim to empower financial inclusion and provide vital banking services to the public, the State Bank of India has introduced a ‘Mobile Handheld Device’ for its financial inclusion customers. “This is a significant step towards improving accessibility and convenience in banking ...

e-Kuber to be functional on March 31 for govt transactions, says RBI Reserve Bank of India’s core banking solution for the government e-Kuber will be functional on March 31, 2024, which is a Sunday. Usually e-Kuber is not operational on holidays like January 26 (Republic Day), August 15 (Independence Day), and October 2 (Gandhi Jayanti), all second and fourth Saturdays ...

Current account deficit widens to 1.1% of GDP in June qtr at $9.2 bn RBI says widening due to higher trade deficit, lower surplus in net services and decline in private transfer receipts

Fintech firms rush to make tweaks as new data protection law looms Fintechs, banks and non-bank financial companies (NBFCs) will have to redraw their contracts with their business partners with whom customer data gets shared

How falling household savings affect the economy [ad_1] The financial savings of households crashed to a multi-decade low in 2022-23 due to higher inflation. ET Wealth analyses the impact. Fall in overall savings rate is cause for concern WHY DO SAVINGS MATTER? Consumption and investment are major components of national income. Savings generate funds for investment and support national income. ...