Thu, May 09, 2024
Section 269SS of the Income Tax Act stipulated that an individual cannot accept a deposit or loan made by another person other than in the specified modes of payment. Under the section, the permissible cash limit is Rs 20,000.
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Tue, May 07, 2024
The new rules of RBI will not have any significant impact on the company... The draft guidelines will not have any impact on the company's profits... The company will grow by 15-20% in the next 5 years.. The company will soon be NPA free: Vivek Kumar Devangan, CMD, REC
Mon, May 06, 2024
Infrastructure-related NBFC stocks such as REC, IREDA and PFC plunged more around 6-12 per cent.
Fri, Sep 30, 2022
RBI Monetary Policy Review, Governor Shaktikanta Das Address, Quotes: RBI Monetary Policy MPC Review: With the latest hike, the repo rate or the short term lending rate at which banks borrow from the central bank is now close to 6 per cent.
RBI's monetary policy will be announced today. How much repo rate will increase? Will the inflation forecast change? Will GDP estimates change? Watch Expert poll on RBI Policy with Varun Dubey.
Thu, Sep 29, 2022
Trading Strategy: Market Expert Nilesh Jain of Centrum Broking said that the trend remains weak. He sees support in Nifty50 between 16650 and 16700. A breach below support levels may take Nifty50 towards 16500
RBI Monetary Policy Meeting: Experts unanimously agreed that there will be 0.5% increase in the repo rate this time. If this happens, it will take the key rate to a three-year high of 5.9%.
Wed, Sep 28, 2022
Stock Market Today 28th Sep 2022: Market Expert Siddharth Sedani that correction is a buying opportunity in good stocks and investors can buy in a staggered manner. He said that RBI commentary and road map on economy will be crucial. Buy on dips, he said
Zee Business Top Picks 28th Sep'22: LIVE: RBI Monetary Policy Review Meeting Begins - MPC to recommend another hike? Date, Time, Expectations, Possible Outcomes - Latest News, Updates
LIVE UPDATES: RBI Monetary Policy Review MPC Meeting: RBI Governor Shaktikanta Das has announced the MPC decision. Here are all the LIVE UPDATES on RBI Monetary Policy Review MPC Meeting:-
Tue, Sep 27, 2022
Market participants are keeping an eye on the Reserve Bank of India’s Monetary Policy Committee meeting which is scheduled during September 28-30. The central bank has increased the repo rate by 140 basis points this fiscal to control inflation.
RBI Monetary Policy: The all important Reserve Bank of India Monetary Policy Committee meeting begins tomorrow. The three-day meeting will be followed by the announcements by Governor Shaktikanta Das on Friday. The Central Bank is expected to increase rates by 50 bps
Mon, Sep 26, 2022
The RBI Governor-headed Monetary Policy Committee (MPC) is scheduled to start its three-day deliberations on Wednesday. The decision of the rate-setting panel would be announced on Friday (September 30).
The RBI had conducted a statutory inspection of the Maharashtra-based lender with reference to its financial position as on March 31, 2020
Sun, Sep 25, 2022
The RBI, which has since May raised the short-term lending rate (repo) by 140 basis points (bps), may again go for a 50-bps increase to take it to a three-year high of 5.9 per cent, say experts.
The Manila-based multilateral funding agency has raised the inflation forecast for the current fiscal year ending in March 2023 to 6.7 per cent from its earlier projection of 5.8 per cent.
Fri, Sep 23, 2022
Banking system's credit growth at the end of the June quarter accelerated to 14 per cent as compared to the year-ago period, the RBI said on Friday.
Soumya Kanti Ghosh, the group chief economist at the nation's largest lender SBI, in a detailed note on Monday said, a half-percentage point hike in the repo rate looks imminent in an aggressive response to external shocks.
M&M Finance Shares currently on 10% lower circuit. RBI halts third party recovery of Mahindra Finance. What happened in M&M Finance? How strict is RBI on third party recovery? Know full details from Varun Dubey.
What action did RBI take in M&M finance case? What will happen at M&M Finance today? Know in this video.
Rupee declined by more than 80 paise in 1 day. Why did the rupee depreciate? What will RBI do to stop the fall of rupee? Must watch this video of Anil Singhvi.
Thu, Sep 22, 2022
As per the statement, the co-operative bank has failed to comply with the requirements the Banking Regulation Act, 1949 and its continuance is prejudicial to the interests of its depositors.
Reserve Bank Executive Director Ajay Choudhary on Thursday said there is no "sure-fire way" to regulate fintech players, and made it clear that the onus is on such entities to operate in a balanced way.
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