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RBI Cuts Key Rate To 6% As Trump Tariffs Kick In, Home Loans To Be Cheaper
Reserve Bank of India cuts key lending rate by 25 basis points to 6% as Trump tariffs kick in
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Finance Minister Unveils 6 New Schemes, Raises Kisan Credit Card Limit
Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh.
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Centre To Extend Mudra Loans To Homestays, Develop 50 Tourism Sites
The government will develop top 50 tourist sites in partnership with states and also extend mudra loans to homestays, Finance Minister Nirmala Sitharaman said.
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Budget 2025: Credit Boost For MSMEs, Loans For Women, SC/ST First-Time Entrepreneurs
Budget 2025: Union Finance Minister Nirmala Sitharaman announced a credit boost for MSMEs, loans for women.
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Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
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4 Adani Group Bonds Rated 'Overweight', JP Morgan Says Liquidity Stable
Adani Group companies' liquidity needs seem stable after tabulating the near-term maturities for offshore debt, said JP Morgan. Adani Green bond issue - which has a decent-size loan of over a billion dollars - will be in focus, it added.
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RBI Keeps Repo Rate Unchanged At 6.5%: How It Affects Your Loan EMIs
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5%, marking the 11th consecutive meeting where the key lending rate has remained the same.
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In India's Largest Bank Loan This Year, SBI Seeks $1.25 Billion
Non-banking finance companies, or so-called shadow banks, in particular, have increasingly tapped dollar-denominated facilities amid stricter regulations at home.
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Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
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RBI Keeps Repo Rate Unchanged. What It Means For Your Loan EMIs
The Monetary Policy Committee (MPC) had its third bi-monthly policy meeting for the financial year 2024-25 from August 6 to August 8.
-
Budget Proposes Interest Subsidy Scheme To Boost Urban Housing Loans
The announcements were made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25.
-
Credit Support For MSMEs, Mudra Loans Limit To Be Enhanced To Rs 20 Lakh
The upper limit for loans under the Mudra scheme will be doubled from Rs 10 lakh for those who have paid previous loans under the Tarun category, Finance Minister Nirmala Sitharaman announced during the Budget presentation today.
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World Bank Backs India's Green Hydrogen Drive, Aims For Global Leadership
The World Bank has approved an additional $1.5 billion loan to support India's Green Hydrogen Mission, marking the second tranche of aid for this initiative and bringing the total assistance to $3 billion.
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Probe Agency Raids Mumbai-Based Group In Rs 975 Crore Bank Loan Fraud Case
Luxury cars like Mercedes Benz and Lexus, and watch brands like Rolex and Hublot apart from more than 140 bank accounts and lockers were seized after the ED raided a Mumbai-based business group in an alleged Rs 975 crore bank loan fraud case.
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Acted On Unsecured Loans To Avert Bigger Problems: RBI Governor
The Reserve Bank of India (RBI) endeavors to smell out a crisis early and act on it, Governor Shaktikanta Das said, stating that not taking any action on the unsecured lending front would have created "bigger problems".
-
RBI Cuts Key Rate To 6% As Trump Tariffs Kick In, Home Loans To Be Cheaper
Reserve Bank of India cuts key lending rate by 25 basis points to 6% as Trump tariffs kick in
-
Finance Minister Unveils 6 New Schemes, Raises Kisan Credit Card Limit
Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh.
-
Centre To Extend Mudra Loans To Homestays, Develop 50 Tourism Sites
The government will develop top 50 tourist sites in partnership with states and also extend mudra loans to homestays, Finance Minister Nirmala Sitharaman said.
-
Budget 2025: Credit Boost For MSMEs, Loans For Women, SC/ST First-Time Entrepreneurs
Budget 2025: Union Finance Minister Nirmala Sitharaman announced a credit boost for MSMEs, loans for women.
-
Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
-
4 Adani Group Bonds Rated 'Overweight', JP Morgan Says Liquidity Stable
Adani Group companies' liquidity needs seem stable after tabulating the near-term maturities for offshore debt, said JP Morgan. Adani Green bond issue - which has a decent-size loan of over a billion dollars - will be in focus, it added.
-
RBI Keeps Repo Rate Unchanged At 6.5%: How It Affects Your Loan EMIs
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5%, marking the 11th consecutive meeting where the key lending rate has remained the same.
-
In India's Largest Bank Loan This Year, SBI Seeks $1.25 Billion
Non-banking finance companies, or so-called shadow banks, in particular, have increasingly tapped dollar-denominated facilities amid stricter regulations at home.
-
Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
-
RBI Keeps Repo Rate Unchanged. What It Means For Your Loan EMIs
The Monetary Policy Committee (MPC) had its third bi-monthly policy meeting for the financial year 2024-25 from August 6 to August 8.
-
Budget Proposes Interest Subsidy Scheme To Boost Urban Housing Loans
The announcements were made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25.
-
Credit Support For MSMEs, Mudra Loans Limit To Be Enhanced To Rs 20 Lakh
The upper limit for loans under the Mudra scheme will be doubled from Rs 10 lakh for those who have paid previous loans under the Tarun category, Finance Minister Nirmala Sitharaman announced during the Budget presentation today.
-
World Bank Backs India's Green Hydrogen Drive, Aims For Global Leadership
The World Bank has approved an additional $1.5 billion loan to support India's Green Hydrogen Mission, marking the second tranche of aid for this initiative and bringing the total assistance to $3 billion.
-
Probe Agency Raids Mumbai-Based Group In Rs 975 Crore Bank Loan Fraud Case
Luxury cars like Mercedes Benz and Lexus, and watch brands like Rolex and Hublot apart from more than 140 bank accounts and lockers were seized after the ED raided a Mumbai-based business group in an alleged Rs 975 crore bank loan fraud case.
-
Acted On Unsecured Loans To Avert Bigger Problems: RBI Governor
The Reserve Bank of India (RBI) endeavors to smell out a crisis early and act on it, Governor Shaktikanta Das said, stating that not taking any action on the unsecured lending front would have created "bigger problems".
