RBI

RBI Governor Shakitkanta Das says inflation print for October likely to be lower than 7% – know details!

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Aggressive gold buying by central banks point to impending global recession

The aggressive buying of gold by central banks across countries points to the impending global recession and their intention to diversify from the dollar, which has been strengthening against every other currency. As per the latest World Gold Council report, global central banks purchased 400 tonnes of gold in the September quarter, the most since …

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‘Upper layer’ tag to keep Shriram Transport’s provisions elevated, says MD

Shriram Transport Finance’s provisions are likely to remain elevated over the coming quarters following the company’s classification as an ‘upper layer NBFC’ by the Reserve Bank of India. “Generally the regulator wants us to maintain higher provisioning, and they appreciate us for being very conservative. Therefore, it will remain elevated for some more time to …

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Indian rupee performed well against many EM currencies despite US dollar strengthening: FM Sitharaman

With the rupee dipping to a record low, Finance Minister Nirmala Sitharaman defended the trend by saying that it is the dollar that is strengthening. She also said that the Indian rupee has performed well against currencies of many other emerging economies. During the calendar year till date, Indian rupee has dropped over 8 per …

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HDFC-HDFC Bank merger: NCLT approves shareholders' meet

HDFC-HDFC Bank merger: The shareholder meeting will be convened on November 25, 2022 for the purpose of considering and approving the Scheme of Amalgamation, HDFC said in a regulatory filing on Friday. Alexander JayJay Alexander james is a prolific News and Content marketer.Based Leeds United kingdom Jay Has vastly contributed to the Upliftment of the …

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No material impact of rate hike on demand for home loans as banks’ ‘loan’ outstanding doubles in last 5 years | RBI data

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No material impact of rate hike on demand for home loans as banks’ ‘loan’ outstanding doubles in last 5 years | RBI data Read More »

Zee Business Stock, Trading Guide: Things to Know Before Market Opens on 4 October 2022

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Zee Business Stock, Trading Guide: Things to Know Before Market Opens on 28th September 2022

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