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Source: Live Mint As from January 1, 2025, one of the key regulations taken by the Reserve Bank of India will make it compulsory for lenders to update credit bureau records every 15 days. This may completely transform the way credit score is calculated and published, thus ensuring that the financial activity of the borrowers…
Source: Live Mint 2025 Market Outlook: CLSA anticipates a challenging year for the Nifty in 2025, driven by an uncertain and risky global macro environment coupled with a near-term economic slowdown in India. The research firm forecasts muted returns for the index due to elevated valuations and underperformance of actual capex spending versus expectations. CLSA…
Source: Live Mint than one and a half years after the Reserve Bank of India (RBI) announced the withdrawal of ₹2,000 banknotes, only 1.88 per cent of the currency notes have yet to be returned, according to the latest RBI data released on January 1, 2025. The unreturned notes are worth ₹6,691 crore, reveals the…
Source: Live Mint The Reserve Bank of India (RBI) has announced the latest interest rate for RBI Floating Rate Savings Bonds on Tuesday for January to June 2025. The RBI Floating Rate Savings Bond, 2020 (Taxable) will be offered at 8.05 per cent interest rates from January to June 2025. The interest rate of the…
Source: Live Mint In March the rupee was at 82.77 to the US dollar. Currently, it is around 85.25, which is a drop of about 3%. We will look at the reasons for this depreciation, but the important point is that our external situation – as measured by our current account deficit (CAD) and balance…
Source: Live Mint RBI’s New Year Gift: Starting January 1, 2025, the banking sector will see changes, including new Reserve Bank of India (RBI) guidelines for fixed deposits (FDs) offered by Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs). The banking regulator released a regulatory framework for HFCs (Housing finance companies) and NBFCs (Non-banking…
Source: Live Mint The Reserve Bank of India (RBI) recently allowed the users of prepaid payment instruments (PPIs) to access UPI services via third party applications. This is seen as a commendable move which will give a massive boost to the digital payment ecosystem in India. In order to understand this, let us first understand…
Source: Live Mint Implications for India’s monetary policy The Reserve Bank of India (RBI) faces a delicate balancing act. With the Fed signalling a slower pace of rate cuts in 2025, foreign capital inflows into India could diminish, especially as US treasury yields become increasingly attractive. This may prompt the RBI to consider steps to…
Source: Live Mint It is well known that your credit score directly impacts your ability to get a loan and a lower interest rate on it. But what factors impact your credit score? The credit report has answers to that. It is important to know the difference between the two and why both matter. A…
Source: Live Mint Implications for India’s monetary policy The Reserve Bank of India (RBI) faces a delicate balancing act. With the Fed signalling a slower pace of rate cuts in 2025, foreign capital inflows into India could diminish, especially as US treasury yields become increasingly attractive. This may prompt the RBI to consider steps to…
