Talks with Reserve Bank to reduce cash reserve ratio, Dinesh Kara, Chairman of SBI Bank, said that they are in talks with the Reserve Bank of India to reduce the cash reserve ratio for green deposits. The cash reserve ratio is the minimum security amount that every bank has to pay with the RBI against … Read more
The total price inflation of the country has decreased to 0.27 percent last January, according to the Ministry of Commerce. The Union Ministry has informed. Also, it said that the main reason for this is the decreasing price of food items. Last January, the country’s headline inflation was recorded at 0.27 percent. This is 0.73 … Read more
Investments in fintech industry halve Globally, investment in fintech companies has seen a decline in the past year to the lowest level in the last five years, KPMG, the company, said in its report. How much is fintech industry worth in India? Also, as far as India is concerned, the investment in this sector has … Read more
What are the vacancies for this week, Check out this week’s employment news, jobs for plus 2 graduate, and central government jobs, Southern Railway Apprentice Vacancies, and more. Work in Central government UPSC has released the notification for various vacancies in Central Govt.Deputy Director 50, Scientist 12, Specialist Grade ||| (Neurosurgery, Tuberculosis, Urology. Orthopaedics) 54, … Read more
Is a maturing investment suitable for reinvestment, When the investment matures it should be decided properly whether to withdraw or reinvest the amount. Why is Reinvestment Necessary? The investments we make have different maturities. Generally, when the investment matures, the amount can be drawn as per requirement. However, sometimes you may not know what to … Read more
Average daily downloads for the ‘Paytm’ app on the Google Play Store fell to 1.4 lakh last week, according to data from market research firm ‘Apptwick’. The RBI had recently banned Paytm Payments Bank from accepting deposits after February 29. It also said that its customers will be allowed to withdraw or use balances in … Read more
‘LIC’ has moved up to the fifth position in the list of companies with the highest market capitalization in the country due to the continued increase in share price. The company’s share price rose by 6.47 percent to Rs 1,112 on the National Stock Exchange yesterday. The company’s share price has increased by 33 percent … Read more
In the stock market, there was a shock due to successive share sales, No regrets about America doing nothing yesterday; RBI Our markets panicked because the governor did nothing. Already our banking sector is undercapitalized. In this case, the governor did not cut the interest rate and said when he will cut it. Didn’t say. … Read more
Slowness started from noon, As the third quarter results in the US were satisfactory, it did not affect our market. Similarly, the news that foreign corporate investors bought our shares to the tune of Rs 92.52 crore on February 6 also gave hope. It is good news when Finance Minister Nirmala Sitharaman said that through … Read more
Jio Financial Services and HDFC Bank are reportedly interested in buying Paytm’s wallet business. Will Ambani buy Paytm? Shares of Jio Financial Services rallied as much as 15 per cent in the stock market yesterday following reports that Paytm’s parent company, One97 Communications, is in talks with the two companies. There is no major change … Read more