Bank credit offtake and deposit mobilisation moderates in H1: RBI data
The RBI data showed YTD growth in deposits was 5 per cent for H1FY25 as against 6.9 per cent for H1FY24
RBI to conduct govt bond buyback auction worth Rs 25,000 crore on Oct 10
By repurchasing its own outstanding bonds from the market before they mature, the government reduces its liabilities and strengthens its fiscal position
Private lenders securitise loans worth Rs 21,000 crore in Q2 FY25
The country’s largest private lender, HDFC Bank, securitised new car loans worth Rs 9,063 crore through a PTC transaction where mutual funds were key investors
Festival spending: Maximise rewards with right cards, stick to planned buys
While credit cards have become the preferred payment option for many, this has also raised concerns about overleveraged, particularly during the festive season
India 10-year bond yield at 3-week high on West Asian conflict concerns
The benchmark 10-year yield ended at 6.8339%, the highest since Sept. 12, compared with its previous close of 6.7765%. On a weekly basis, the yield rose seven basis points
Forex reserves top $700 bn, India becomes 4th country to cross this mark
India is only the fourth economy in the world to cross $700 billion in reserves after China, Japan, and Switzerland
Concerned about your credit health? Paisabazaar AI advisor will help
PB Assist will give ‘real-time, actionable insights’ to customers, says company
Decoded: Gold to MFs, impact of Middle East conflict on your investments
Experts say that despite these tensions, Indian markets have displayed resilience
No lounge? How to manage your Vistara booking after AI merger from 12 Nov
Following the merger, all Vistara flights scheduled post-November 12 will be operated by Air India
Minimum wage rates hiked from October 1 as VDA revised; check new rates
Workers in sectors like construction, loading and unloading, security, cleaning, housekeeping, mining, and agriculture under central sphere establishments will benefit from the revised wage rates