RBI projects retail inflation in 5-5.2% range for H1 FY22

The Reserve Bank on Friday projected retail inflation to be in 5-5.2 per cent range during the first half of the next fiscal year, expecting further softening of vegetables prices in near term.......

Mutual Funds add 77 mn SIP accounts in H1 to get back on high-growth track

After a short-term blip, mutual funds (MFs) are back to adding new systematic investment plan (SIP) investors at a record high pace, which was seen during the financial year 2021-22 (FY22).......

Axis Bank in competition for best bank

Axis Bank has strengthened its positioning -- on both the assets and liability side -- and it may be set to deliver sustained improvement in performance. The valuation gap between Axis Bank (which......

As banks step up lending, NBFCs' share fall to 5-year low of 19.8% in H1FY23

Banks are gaining market share at the expense of non-bank lenders such as housing finance companies, retail lenders, and those giving gold loans. Photograph: Uttam Ghosh/Rediff.com There has been......