RBI plans guidelines for peer-to-peer lending
MUMBAI: The Reserve Bank of India is working on guidelines for peer-to-peer lending arrangements offered by online platforms, according to
New RBI norm for rate calculation credit positive:
New Delhi: The Reserve Bank’s new uniform methodology for calculating base rate on marginal cost of funds is ‘credit positive’
Oil prices in Asia extend slide on US
Oil prices resumed their slide in Asia on Monday as a spurt in the number of US oil rigs in
Gold, Silver Bounce Back on Global Cues, Jewellers
New Delhi: After Friday’s plunge, gold bounced back to trade Rs 155 higher at Rs 25,530 per 10 grams at
GST impact 3 on service providers: Compliance burden
MUMBAI: The proposed GST may change where and how the service tax is paid, which could increase litigation. In this
India slashes economic growth forecast, to grow at
India slashed its full-year economic growth forecast on Friday, weighed down by weak global demand and a drought that has
ICICI Group may hike stake in licensed payment
MUMBAI: Newly-licensed payment bank FINO PayTech will raise fresh funds from domestic institutional investors as it prepares to face competition
Indian rupee gains 4 paise to 66.88 against
The Indian rupee rose by 4 paise at 66.88 against the US dollar in early trade today at the Interbank
Jan Dhan Yojana: RuPay gaining currency irks US
MUMBAI: US card companies MasterCard and Visa have complained of an invisible mandate to keep them out of Jan Dhan
More rate cut by RBI unlikely this fiscal:
There is no scope for further reduction in policy rates by RBI in the current fiscal as the central bank