With the Reserve Bank of India (RBI) lowering the repo rate once again—down by 25 basis points to 6%—home loan borrowers may have reason to cheer. But for conservative savers who rely on fixed deposits (FDs) for steady income, this could be a signal to act fast. Index Fund Corner Sponsored Scheme Name 1-Year Return […]
RBI’s rate cut may lower home loan EMIs — but not for every borrower – CNBC TV18
Home loan borrowers have a reason to cheer again. In a move aimed at supporting growth, the Reserve Bank of India (RBI) has cut the repo rate by another 25 basis points, bringing it down to 6%, at the April Monetary Policy Committee (MPC) meeting on April 9. Index Fund Corner Sponsored Scheme Name 1-Year […]
RBI allows NPCI to revise UPI person-to-merchant transaction limits after consultation with banks – CNBC TV18
The Reserve Bank of India (RBI) has allowed the National Payments Corporation of India (NPCI) to revise the transaction limits for Unified Payments Interface (UPI) payments made from individuals to merchants, based on economic needs. Announcing the move, RBI Governor Sanjay Malhotra said NPCI can now revise limits for person-to-merchant (P2M) and merchant-to-merchant (M2M) UPI […]
Sensex Today | Stock Market Live Update: Nifty recovery to be tested ahead of RBI policy as US futures fall
Stock Market Live Update: India’s equity markets will be put to test on Wednesday as the potential recovery on Wall Street was short-lived overnight. The Nifty ended 375 points higher on Tuesday, above the mark of 22,500, but all of that will be under the scanner as the futures in the US markets are trading […]
Why RBI’s latest liquidity boost is a big win for homebuyers – CNBC TV18
The Reserve Bank of India (RBI) has ramped up its efforts to address liquidity concerns, announcing that it will double the size of its open market operation (OMO) purchases to ₹40,000 crore for February 13—an increase from the previously announced ₹20,000 crore. This move follows the RBI’s decision to cut the repo rate by 25 […]
SEBI-registered non-bank brokers can directly access NDS-OM: RBI – CNBC TV18
The Reserve Bank of India (RBI) on Friday (February 7) said non-bank brokers registered with market-regulator SEBI can directly access NDS-OM, an electronic trading platform for secondary market transactions in government securities, on behalf of their clients. Company Value Change %Change Access to Negotiated Dealing System – Order Matching (NDS-OM), at present is available to […]
RBI MPC Meet: What caused the surge in shares of REC, PFC and IREDA? – CNBC TV18
Shares of state-run companies REC Ltd. and Power Finance Corporation (PFC) ltd. have surged to the day’s high after comments from RBI Governor Sanjay Malhotra on the project financing norms. Company Value Change %Change In his post-policy presser, the RBI Governor mentioned that the earliest timeline by which the Project Financing guidelines will be implemented […]
RBI cuts repo rate: What this means for fixed deposit investors – CNBC TV18
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points (bps) to 6.25%, marking the first reduction in almost five years. This move could impact fixed deposit (FD) interest rates, giving investors a final window to lock in higher rates before banks start lowering them. Index Fund Corner Sponsored Scheme […]
To login to your bank account, you’ll have to check for a new domain from April – CNBC TV18
The Reserve Bank of India (RBI) has announced the rollout of an exclusive ‘.bank.in’ internet domain for all Indian lenders, aimed at curbing digital financial frauds. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 […]
RBI repo rate cut: Will your home loan EMIs go down – CNBC TV18
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, bringing it down from 6.5% to 6.25%. This marks the first rate cut in five years, a move expected to ease borrowing costs for homebuyers. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis […]