The Reserve Bank’s decision to keep the benchmark interest rate stable is pragmatic and will ensure sustainable economic growth, say experts.
The RBI Monetary Policy Committee on Thursday decided to keep policy rate unchanged for the sixth time in a row in view of global uncertainty and the need
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The central bank said all lending institutions will have to furnish all the charges, like processing fees and documentation charges, that are levied on the interest rate on a loan in the Key Fact Statement (KFS).
India s Finance Minister, Nirmala Sitharaman, presented the Union Budget, positioning it as a foundation for developing India into a Viksit Bharat or a developed nation by 2047. The budget, totaling INR 47.66 lakh crore, spans various sectors with a focus on social justice, fiscal prudence, and fiscal deficit reduction. Experts view the budget as laying the groundwork for an empowered and inclusive India, echoing Prime Minister Narendra Modi s vision.
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