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3 mins read

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…

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4 mins read

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…

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2 mins read

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   


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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   


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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   


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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   


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RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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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   


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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   


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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   


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5 mins read

Bank holidays in May 2023

It is good to keep track of bank holidays to plan your banking activities and personal finances in …

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3 mins read

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   


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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…

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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   


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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   


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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   


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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 …

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1 min read

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   


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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   


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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…

Jennifer Sor