Neobank Freo Crosses 1 Million Customers
On Wednesday, Consumer neobank Freo said that it had onboarded more than one million customers across its credit, shopping, and banking products. As per the...
Tag : Reserve Bank Of India
WPI Inflation Rises To 14.55% In March, Finishing Year in Double Digits
India’s wholesale price index (WPI)-based inflation rose to a four-month high of 14.55 per cent in March from 13.11 per cent in February, according to...
Centre Plans Borrow 59% of FY23
The central government plans to borrow Rs 8.45 trillion from the bond markets in the first half (April-September) of FY2022-23 to fund the revenue gap...
India’s Forex Reserves Dip by $9.64 Bn
India’s foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years,...
India’s Forex Reserves Decline by $678 Million to $634.28 Billion
India’s foreign exchange (forex) reserves fell by $678 million to $634.28 billion in the week ended January 21 due to a sharp decline in foreign...
LIC Gets RBI Nod to Raise Stake in Kotak Bank
Life Insurance Corporation of India has received approval from the RBI to raise its stake in Kotak Mahindra Bank to up to 9.99 per cent;...
JSW Steel Gets LOI for Bhushan Power & Steel Acquisition
Bhushan Power & Steel is one of the 12 cases mandated by the Reserve Bank of India to be resolved under the Insolvency and Bankruptcy...
UBS Securities Up Average Inflation Print to 5%
After the consumer price index (CPI) jumped the 6.3 per cent mark in May and wholesale inflation reached a record of 12.94 per cent, economists...
HDFC Bank to Consider Dividend For FY21 On June 18
HDFC Bank has said that the board of directors in a meeting scheduled, June 18, 2021, will consider a proposal for a recommendation of a...
India Retail Inflation Likely Rose to 5.30%
India’s retail inflation likely rose last month after a three-month low in April, lifted by higher food and energy prices, but stayed within the Reserve...