Total 75 bps reduction likely in FY26. Photograph: Francis Mascarenhas/Reuters The RBI's monetary policy committee is expected cut benchmark interest rate by 25 basis points in its policy review......
Banks are set to make treasury gains in the fourth quarter of the current financial year (2024-25) as the yield on government bonds has softened so far this quarter, driven by strong inflows into......
Jio Finance, a wholly owned subsidiary of Jio Financial Services, is likely to delay its maiden bond issue of Rs 3,000 crore, originally scheduled for this month. Photograph: Kind courtesy, Jio......
Banking credit in the economy grew by 11.1 per cent year-on-year (Y-o-Y) in the fortnight ended March 7, while deposits grew at 10.2 per cent during the same period, which is a gap of around 90......
'The only solution is for the government to allow us to charge a low controlled MDR of 25 bps on UPI P2M transactions only for merchants with more than a Rs 40 lakh turnover.' Kindly note the......