by OverviewFX | Aug 24, 2024 | Banking & Finance
Financial servicec provider Religare on Friday confirmed that the Enforcement Directorate (ED) had raided the residences of its top officials, including Dr. Rashmi Saluja, Executive Chairperson, Mr. Nitin Agarwal, Group CFO, Mr. Nishant Singhal, Group General Counsel...
by OverviewFX | Aug 23, 2024 | Banking & Finance
The Reserve Bank of India (RBI) has announced that there will not be any pre-debit notification on auto-replenishment of FASTag and NCMC, as and when the balance falls below the preset limit.In its monetary policy meeting held in June 2024, the RBI announced the...
by OverviewFX | Aug 23, 2024 | Banking & Finance
Amid worries related to the timing of Fed rate cuts, foreign institutional investors (FIIs) pulled out Rs 14,790 crore from financial stocks in the first fortnight of August and chose to raise exposure to defensives like healthcare, FMCG and consumer services.As...
by OverviewFX | Aug 23, 2024 | Banking & Finance
The Reserve Bank of India (RBI) Governor Shaktikanta Das has recently asked the banks and NBFCs to be well-advised to review top-up housing loans and gold loans. He said the entities to be aware of the practices and also take remedial action.The Governor observed that...
by OverviewFX | Aug 23, 2024 | Banking & Finance
(Credits – Producer: Nilanjana Mookherjee & Vishal Oza; Video Editor: Jasmeet Rayat)India has emerged as the one of the fastest growing economies in the world, propelled by a competitive business environment and technology-led innovation. The country’s...
by OverviewFX | Aug 23, 2024 | Banking & Finance
Global funds have poured money into India’s debt market for 14 weeks in a second streak of buying this year, evidence of the country’s appeal amid the ructions of worldwide financial markets.With the prospect of interest rate cuts on the horizon and the rupee treading...
