CRR

Investment word of the day: Marginal cost of funds-based lending rate—what is MCLR and why does it matter to investors? | Mint

TheSpuzz Desk1 week ago07 mins

Source: Live Mint Investment word of the day: As a personal loan or home loan borrower or as an investor planning to put money into the business, you will be curious to know certain key metrics that may impact the cost of borrowing. The Reserve Bank of India (RBI) has introduced certain metrics to understand…

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buying SBI, Nalco tomorrow – December 9 | Stock Market News

TheSpuzz Desk4 months ago010 mins

Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, capped off their best week since June on Friday, primarily driven by gains in the financial sector. This surge came after the central bank’s decision to reduce the cash reserve ratio (CRR) that banks are mandated to maintain, which has effectively…