RBI to conduct 49-day variable rate repo for Rs 75k cr to boost liquidity
The Reserve Bank of India will conduct a 49-day variable rate repo for Rs 75,000 crore ($8.63 billion) on Friday, it said ...
India's central bank boosts long-term liquidity infusion again
India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject funds in the banking system for the longer term.
Rupee gives up early gains, drops 6 paise to close at 86.89 against dollar
The rupee reversed its early gains to settle 6 paise weaker at 86.89 per dollar against the previous close of 86.83. The ...
Repo rate-linked loans drop fast, but MCLR and new loans may lag—when will your home loan EMI fall post RBI rate cut?
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
New Income Tax Bill simplifies language, eases compliance: Experts
According to experts, the new bill, which seeks to replace replace the six-decade old Income Tax Act, 1961, doesn't make any ...
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