RBI Reduces Key Interest Rate By 25bps, Markets Volatile

In line with market expectations, the Reserve bank of India (RBI), its first bi-month Monetary Policy Committee meeting on Thursday, reduced key benchmark policy rates by 25bps to 6.00%, in a 4-2 split vote on Thursday. The repo-rate, at which commercial Read more

RBI eases loan securitization norms, NBFC stocks trade higher

In the wake of the news, NBFCs such as Dewan Housing Finance trade up by 5.20 percent, Repco Homes Finance up 6.82 percent, Gruh Finance up 3.23 percent….