RBI's retail direct scheme could be a game changer

Prime Minister Narendra Modi will on Friday launch two schemes of the Reserve Bank of India (RBI) that may go a long way in changing how the household sector invests, and complains if anything goes......

TDS on income from G-sec unlikely to impact retail participation

The introduction of tax deducted at source (TDS) on income from central government securities and state bonds may not lead to a significant effect on retail participation, according to market......

RBI asks card issuers to explore more networks, increase customer choices

To provide more choices to customers, the Reserve Bank of India has suggested mandating bank and non-bank card issuers to issue debt, credit and prepaid cards on more than one network.......

7.7% H1 growth leaves 'sceptics gasping and woefully behind curve': RBI article

GDP growth of 7.7 per cent in the first half of this fiscal has "left sceptics gasping and woefully behind the curve", an RBI article said on Wednesday. Photograph: PTI Photo from the Rediff......