Stance changed to Neutral; The standing deposit facility (SDF) rate under the liquidity adjustment facility (LAF) shall stand adjusted to 5.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 5.75 per cent.
Nirmala Sitharaman directed PSGICs to develop innovative insurance products tailored to new and emerging risks
PM encourages creation of River Grids at State level for effective utilization of water resources
UIDAI records 211 Cr Aadhaar authentication transaction
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RBI’s Bold Push for Growth: From Caution to Confidence
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It Is A Focused Brand for Specialized Investment Funds (SIF)
"The RBI's announcement will not only push banks’ external benchmark linked lending rates lower, but will also lower MCLR and deposit rates, thereby, bringing in greater pace and intensity to transmission"
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