The gross domestic product (GDP) growth prediction for India by the International Monetary Fund (IMF) has been increased to 6.1% for the current fiscal year. “Growth in India is projected at 6.1% in 2023 (fiscal year 2023-24), a 0.2 percentage point upward revision compared with the April projection, reflecting momentum from stronger-than-expected growth in the … Read more
At a gathering on Wednesday, State Bank of India (SBI) Chairman Dinesh Khara stated that the Reserve Bank of India is likely to keep things as they are in the upcoming monetary policy. The Reserve Bank of India’s Monetary Policy Committee will meet again from August 8–10, 2023, according to the timetable. At a gathering … Read more
According to the recent decision taken by the Reserve Bank of India (RBI), there will be no fee on UPI for transactions up to Rs 2,000 on the use of Rupay Credit Card. Instructions have been given in this regard in the recently issued circular by RBI. Let us tell you that the order of … Read more
Reserve Bank of India changed the rules related to bank lockers in 2021 which are effective since January 2022. The primary objective of these bank locker rules was to protect expensive assets from theft and burglaries. With trembling economic inequality, jewelry and cash thefts are still prevalent in many parts of India. After Supreme Court’s … Read more