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Last Updated:July 27, 2025, 16:32 is The RBI set the final redemption price for the Sovereign Gold Bond 2017-18 Series II at Rs 9,924 per gram, maturing on July 28, 2025, offering a return of 250.67%. While the bond tenure is 8 years, investors can choose to redeem their bonds prematurely after 5 years from…
Mumbai: The Hinduja family-promoted IndusInd Bank’s Board of Directors on Wednesday approved raising up to Rs 30,000 crore through a combination of debt and equity and allowed the promoters to nominate two board directors, as it seeks to restore confidence in its operations after the recent Rs 2,000 crore accounting lapse. The lender will raise…
Last Updated:July 24, 2025, 08:00 is Foreign companies would have to give an undertaking that their operations in Pakistan or China, if any, shall be ‘suitably firewalled from the contract/operations with India’ Counterfeiting of banknotes is a major concern for India. Representational image The government is placing a big global order for nearly 10,000 kg of…
New Delhi: The Premature redemption of Sovereign Gold Bond (SGB) Scheme SGB 2020-21 Series-IV is due today (July 14, 2025), the Reserve Bank of India has said. The Premature redemption price of SGB shall be based on the simple average of closing gold price of 999 purity of previous three business days from the date…
Last Updated:July 13, 2025, 11:21 is Investors in Sovereign Gold Bond 2020-21 Series-IV can redeem early on July 14, 2025, at Rs 9,688 per gram. The bond was issued at Rs 4,852 per gram in July 2020. While the bond tenure is 8 years, investors can choose to redeem their bonds prematurely after 5 years…
Last Updated:July 11, 2025, 05:46 is A committee member noted that while many fake Rs 500 notes had been recently seized, the proportion remains small compared to the total in circulation The RBI Governor reassured lawmakers that the economy remains robust and is performing well despite global challenges. Representational image Reserve Bank of India Governor…
New Delhi: The RBI’s new regulations on project financing are set to improve how risks are managed in this sector, as per a recent Crisil report. The move aims to create a stronger, more consistent framework by aligning regulations across banks and other financial institutions. These final directions are expected to bring much-needed clarity, reduce…
New Delhi: The sales growth of listed private non-financial companies in India improved to 7.2% in 2024–25, up from a low of 4.7% in the previous year, Reserve Bank of India (RBI) data showed on Thursday. The RBI released data on the performance of the private corporate sector during 2024–25, drawn from the abridged financial…
RBI Extends Trading Time: The Reserve Bank of India (RBI) on Wednesday announced an extension of trading hours for the call money market, market repo, and Tri-Party Repo (TREP), starting from July 1. The move follows recommendations from a working group led by Radha Shyam Ratho. As per the official statement, the call money market…
New Delhi: India’s household savings continued their downward trajectory for the third consecutive year, slipping to 18.1 per cent of GDP in the financial year 2023–24 (FY24), according to CareEdge Ratings. The report added that gross domestic savings declined to 30.7 per cent of GDP in FY24, down from 32.2 per cent in FY15. Meanwhile,…