Prime Minister Narendra Modi on Saturday recalled that India was once labelled one of the world's 'Fragile Five' economies. Speaking from the ramparts of the Red Fort on the 80th Independence Day,…
Banks across India will be closed for up to three days this week, starting Tuesday, August 19. Tripura observes a holiday on Wednesday for the birth anniversary of Maharaja Bir Bikram Kishore…
SBI Research expects FCNR(B) deposits to reach $65-70 billion by the scheme's end, and total mobilisation including OFCBs and ECBs could hit $80-85 billion. The first $20 billion took 38 days to…
India turns 80, and a senior editor at NDTV Profit offers a citizen's perspective on the country's economic journey. The piece highlights three pillars of confidence: a stock market that is large,…
The Unified Payments Interface (UPI) has grown to process monthly transactions worth ₹314 lakh crore, equivalent to 70% of India's currency in circulation, according to data from the National Payments Corporation of…
Home loan borrowers deciding how to use a bonus or other surplus cash should compare the loan’s interest rate with expected post-tax investment returns, Livemint reports. Prepaying reduces the outstanding principal and…
A missed EMI does not immediately allow a bank to seize property or assets, Mint reports. For secured loans, lenders must follow legal procedures, including a 60-day demand notice under the SARFAESI…
Bank deposit growth in India remains resilient even as inflation-adjusted returns have fallen sharply, according to SBI Research. Deposit growth rose to 13.3% in June 2026 from 12.3% in January, while the…
The Reserve Bank of India has proposed tighter rules for setting and revising loan interest rates, with the framework scheduled to take effect on April 1, 2027. Banks would calculate MCLR using…
Banks are offering non-resident Indians leverage of up to 29 times their own capital for investments in FCNR(B) deposits under a special Reserve Bank of India framework, ETBFSI reports. Most banks offer…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.