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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
Wholesale inflation touches 15-month high in May
Jump in wholesale inflation primarily due to increase in prices of food articles, crude petroleum a…
PTI
WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables
New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…
PTI
It may already be too late for the Fed to stop a recession, former central bank president says
"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnec…
Filip De Mott
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi
Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…
PTI
Rs 2,000 notes: 97.96% returned; Rs 7,261 crore worth notes still with public
The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices o…
PTI
Bank holidays in May 2023
It is good to keep track of bank holidays to plan your banking activities and personal finances in …
4 positives to focus on as recession fears grip the market, Deutsche Bank says
The narrowness of the recent stock sell-off offers one reason to not panice yet, Deutsched Bank sai…
Filip De Mott
Banks closed for 1/3rd of October 2023 – Check out dates and details
Over the past few years, the Pradhan Mantri Jan Dhan Yojana saw the creation of over 40 crore ba…
Congress alleges SEBI Chairperson Madhabi Puri Buch of office for profit
In a press conference in New Delhi on Monday, Pawan Khera, Chairman, Media and Publicity Department…
ANI
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
Nvidia stock can climb for the next 12 months, S&P Global analyst says
Nvidia's partners are showing that the AI titan has "strong runway" for at least the next year, on…
Jennifer Sor
RBI may not cut repo rate any soon or for six months: Economists
With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) deciding to retain the repo …
Wholesale inflation rises for third straight month in May at 2.61%, food items costlier
"Positive rate of inflation in May, 2024 is primarily due to increase in prices of food article…
PTI
Bank of America lays out the perfect scenario for stocks to rally after the May jobs report
"Sub- 125K gains in NFP could increase the risk of triggering the Sahm Rule, reviving recession fea…
Matthew Fox
Stock market today: Stocks fall as annual inflation slows but monthly CPI notches surprise increase
Investors see lower odds of a jumbo rate cut next week. Bond yields rose as investors adjusted to t…