STC NEWS DESKMUMBAI, JUNE 06 (STC): In a significant move beyond expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has cut Repo rate by 50 bps and has now changed its stance to ‘Neutral.’With this cut in the policy rate, the loans are going to be offered at cheaper rates once the…
The RBI has made no such announcement and Rs. 500 notes remain a legal tender. STC NEWS DESKSRINAGAR, JUNE 04 (STC):Government of India has refuted the claims that the Reserve Bank of India (RBI) is going to discontinue the Rs 500 banknotes by March 2026. In a press statement issued by the Press Information Bureau…
MUMBAI, APRIL 27 (STC): Markets closed at a high on Thursday after opening at a slight low after being on an upward trend for the week.The benchmark indices extended their winning streak for the fourth straight session, with the BSE Sensex soaring over 1,500 points and the Nifty50 closing above 23,850. The rally was driven…
STC NEWS DESKMUMBAI, APRIL 17 (STC): Reserve Bank of India (RBI) in a landmark move has come in support of borrowers by ensuring fair credit reporting. The RBI has issued a new guideline that protects consumers from immediate negative impact on their credit score due to a bounced EMI payment.This new rule is going to…
STC NEWS DESKMUMBAI, APRIL 16 (STC): The Sensex gained 309.40 points or 0.40 per cent to end at 77,044.29, close to the day’s high of 77,110.23, and Nifty 50 rose 108.65 points or 0.47 per cent to 23,437.20.The banking sector led the gainers, while the auto and pharma indices slipped to end in the red.India…
