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Source: Live Mint The 10-year Indian bond yield, once trading at 12-13% in the late 90s, has now dropped from its 5-year high of around 7.5% to 6.7% as of February-end 2025. With the start of the interest rate cut cycle, yields are expected to fall further. And with no indexation benefits in debt mutual…
Source: Live Mint If you are a personal loan applicant, you are supposed to be aware of the latest guidelines which are in force. Early this year, Reserve Bank of India (RBI) released a circular with regards to equated periodic instalment based personal loans. RBI’s guidelines on ‘reset of floating interest rate on EMI based personal…
Source: Live Mint Over the past 10 years, the Shanghai SE Composite Index rose just 2.5%. However, the Chinese government’s stimulus measures to boost domestic consumption and DeepSeek’s AI model lifted the sentiment. China’s benchmark index has delivered 12.55% returns over the past one year compared with a 1.8% rise in the Nifty 50 during…
Source: Live Mint Indian stock market: After moving in downward trajectory for three weeks, the Indian benchmarks made a strong comeback in the first week of March 2025. The indices closed in green, rising nearly 2 per cent on Friday, March 7. The Nifty settled at 22,552.50, while the Sensex closed at 74,332.58, marking a…
Source: Live Mint Tata Capital, a financial services firm, is expected to file preliminary documents with market regulator SEBI for a $2 billion (over ₹17,000 crore) initial public offering (IPO) only after receiving final approval from the NCLT for its merger with Tata Motors Finance, according to news agency PTI. At this scale, the company’s…
Source: Live Mint To meet the National Statistical Office’s (NSO) ambitious goal of 6.5% growth in India’s FY25 gross domestic product (GDP), the economy needs to pick up a significant pace in the March quarter (Q4FY25). But the crucial manufacturing sector is losing impetus, shows the latest Purchasing Managers’ Index (PMI) data—a private survey. The…
Source: Live Mint The latest data presented by the Reserve Bank of India (RBI) show easing of personal loan expansion in India’s financial sector. Personal loan expansion year-to-year was 14.2% in the fortnight as of January 24, 2025 as detailed in a press release by RBI on Feb 28, 2025. This, in the case of…
Source: Live Mint Early this month, Reserve Bank of India (RBI) cut its repo rate to 6.25 percent. Following this, several banks have followed suit. A couple of banks have cut their interest rates on term deposits, albeit marginally. It is even recommended that the depositors who want to lock their savings in fixed deposits…
Source: Live Mint The Reserve Bank of India (RBI) has released a draft circular intended to direct banks not to levy foreclosure charges/ pre-payment on the floating rate term loans for purposes other than business to individual borrowers. This means when a loan borrower decides to foreclose a floating rate loan or prepay it, the…
Source: Live Mint The Reserve Bank of India (RBI) cut its repo rate from 6.50% to 6.25%, a 25 basis point decrease. This presents a problem for investors in Fixed Deposits (FDs) because a decrease in the repo rate usually indicates a future decrease in bank interest rates. This is the last chance for FD…
