As many as 32 economists out of the 43 surveyed by a news agency a day before expected the MPC of RBI to keep the
RBI Policy analysis: Despite rate cut, deposit and lending rates are unlikely to come down in a hurry – The Hindu BusinessLine
Despite concern over the fiscal deficit and sticky core inflation, the RBI chose to surprise markets and cut its key policy repo rate — at which banks
Square pegs, round holes | The Indian Express
The interest in this year’s Union budget had been high for obvious reasons. It being an election year, there were expectations of a major spending
Only 50% of PAN linked to Aadhaar – The Hindu
CBDT chief warns of cancellation. With less than two months to go for the deadline to link Permanent Account Number (PAN) and Aadhaar, only a little
Growth prop: On RBI repo rate cut – The Hindu
Barely four months after the Reserve Bank of India switched its monetary policy stance to one of ‘calibrated tightening’, signalling interest rates were set to
Das capital for Modi: rate cut | Deccan Herald
In the very first Monetary Policy Committee meeting under him, RBI Governor Shaktikanta Das has delivered for the Narendra Modi government what his predecessor Urjit
Rate cut: RBI price fall claim contradicts survey | Deccan Herald
Taking the street by surprise, the Reserve Bank of India on Thursday cut the key interest rate after inflation cooled and also gave a sanguine
Cheaper EMIs, if banks permit–Deccan Chronicle
Interest rates on both deposits and loans may be on a slide over the next few months for the hoi polloi. If banks begin to
Stinging India-US relations again? | Deccan Herald
The arrest of 129 Indian nationals in the United States on charges of wilfully violating US immigration laws should serve as a cautionary reminder to
EDITORIAL | Jobs: Modi’s Mudra mess | Deccan Herald
Mudra loan Faced with a crisis of jobs, Prime Minister Narendra Modi and his government continue to talk up Mudra loans and claim that it
India’s shadow banks dread builder bankruptcies – The Economic Times
By Andy Mukherjee Just a year ago, India’s third-largest mortgage lender was bragging about how it had shrunk its financing costs by replacing bank loans
Bank Services: Lenders bank on bots to improve customer service–Economic Times
Banks are finding ways of harnessing technology to transform customer service by automating customer queries, minimising human intervention and extending services to accomplish financial tasks over chat
MSME: CII’s conference on MSME financing for SC/ST entrepreneurs to address funding options – The Economic Times
To actualise this, the Government of India, through the Ministry of MSME, has introduced many specially formulated, SC/ST-targeted schemes. MSMEs are the backbone of Indian
Banks cannot be absolved of liability for unauthorised withdrawals: Kerala HC – The Economic Times
SMS alerts cannot be the basis to determine the liability of a customer, for there would be account holders who may not be in the
Banks need Rs 20 lakh crore deposits for credit growth, may up rates: Report – The Economic Times
The additional deposit requirements will also “put upward pressure on the interest rates bank offer on deposits The jump in credit growth will require banks
GST anti-profiteering: An unending dilemma for taxpayers – The Financial Express
Businesses still await the formulation of standard guidelines for compliance with anti-profiteering provisions under the GST regime. Even after 25 orders have been passed by
SBI Cardholders Alert! State Bank warns customers of skimming frauds; Here’s how to deal with them – The Financial Express
In a mail to its customers, SBI has warned the cardholders of skimming fraud, which is an act of illegally coping data from the magnetic
India’s employment: The true picture | Business Standard Column
A sound policy framework requires the support of robust institutions that collect and transmit good data regularly. I am a great believer in robust data
Aadhaar-PAN linking mandatory for filing income tax return, says SC | Business Standard News
The Supreme Court has said that linkage of PAN with Aadhaar is mandatory for filing of Income Tax returns. A bench comprising Justices A K Sikri and
Essel expects to raise over ₹20,000 crore from infra asset sale – The Hindu BusinessLine
In talks with suitors to sell solar, road assets Subhash Chandra’s Essel Group expects to raise over ₹20,000 crore by selling its infrastructure business, comprising
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