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.
Revenue secretary Sanjay Malhotra’s transfer to Mumbai has left a key position vacant weeks before the Union Budget. This isn’t unprecedented, but the new appointee […]
Good Glamm Group, a Mumbai-based unicorn, saw investor exits from its board amid financial issues like fund constraints, delayed salaries, and layoffs. Representatives from Accel […]
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Thursday after US Federal Reserve’s hawkish commentary. While […]
