The Reserve Bank of India (RBI) is unlikely to announce a rate cut in its upcoming monetary policy meeting, according to a report by the State Bank of India (SBI). With India experiencing robust economic growth that surpasses capacity, the RBI is expected to maintain current interest rates.
Finance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.
The case pertains to a 'scam' in 2010 when the Karuvannur Service Cooperative Bank disbursed loans to beneficiaries by mortgaging properties of poor members without their knowledge. The ED blamed the CPI(M) Thrissur district committee leaders for orchestrating the scheme.
According to the Election Commission, a candidate needs to secure at least one-sixth of the total valid votes cast in the constituency to save their security deposits which ranges from Rs 12,500 to Rs 25,000.
Andhra Pradesh news: NGRI scientist PV Sunder Raju said, "Zircon of varying shapes was observed in Reddypalle and Peddavadaguru villages."
According to a source, Ramesh, an MTS personnel, retired in September but the ministry deposited salary for the month of October in his account.
The court was hearing a PIL that claimed that DICGC provides a maximum insurance cover of Rs 1 lakh per customer, irrespective of the amount of deposit, including savings, fixed, current and recurring.
Total deposits in Jan Dhan accounts surged by nearly Rs 29,000 crore in the period of a month since the November 8 announcement demonetising high value currency notes, according to the latest official data released here.
A Samajwadi Party MLA's gunner was left flabbergasted when he found that his account was mysteriously credited by nearly Rs 100 crore.
BJP has claimed that RBI’s decision to rollback its notification restricting cash deposits above Rs 5,000 was a course correction done at the behest of Finance Minister Arun Jaitley to ensure that common people were not inconvenienced.
New Delhi: Reliance Industries, whose investment portfolio is one of the biggest among all Indian companies, has increased exposure to corporate bonds and government securities. Mukesh Ambani-led RIL, which had a cash chest and marketable securities
New Delhi, Aug 2: Within days of RBI's quarterly review of monetary policy, State Bank of India (SBI) today cut interest rate on fixed deposit of over 5 years by 0.25 per cent to 8.50
Scientists have detected more than 40 ice-filled craters in the moon's North Pole using data from a NASA radar that flew aboard India's Chandrayaan-I. NASA's Mini-SAR instrument, lightweight, synthetic aperture radar, found more than 40
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