NEW DELHI,SEPT. 10: In an effort to curb menace of illegal loan apps, finance minister Nirmala Sitharaman has directed the Reserve Bank of India (RBI) to prepare a ‘whitelist’ of legal loan apps. She held a high-level meeting on Thursday to discuss various issues related to these apps outside the regular banking channel. The Ministry […]Continue Reading
MUMBAI,JUNE 7: Ahead of the central bank’s monetary policy meet, India’s benchmark 10-year bond yield rose to its highest levels since March 2019 on Monday as markets expect the central bank to hike rates by 25-40 basis points with inflation remaining stubbornly high for several months. Economists also expect the central bank to revise the […]Continue Reading