RBI has injected over Rs 5 lakh crore into the banking system since mid-Jan to ensure surplus liquidity and support its rate cut’s transmission to borrowers. Despite this, corporate borrowing costs remain unchanged due to firm MCLR rates and year-end demand for funds.
Government and RBI are considering a ‘cooling off facility’ to block funds received in bank accounts to combat online frauds. This measure targets mule accounts […]
Stock market crash: Indian stock markets have experienced a significant decline since late September, wiping out all gains made over the past year. Nifty 50 […]
The Indian audio devices market has experienced rapid growth, reaching Rs 5,000 crore in offline retail sales by June 2024. According to a GFK report, […]
