- India’s retail inflation rose to four month high of 5.08 percent in June compared with 4.75 percent in the previous month as food inflation rose to 9.4 percent.
- RBI allows residents to open foreign currency accounts in Gift City.
- RBI deputy governor Patra says price stability key for growth.
- RBI cautions banks on management of internal accounts.
- SBI launches online loan against mutual funds through Online Banking & YONO App.
- BNW Exclusive: Bank privatisation unlikely to come up in Budget 2024-2025.
- Goldman sachs report says India likely to stick to fiscal consolidation in Budget 2024-2025.
- Budget 2025: Government likely to curtail FY2025 fiscal deficit at 4.9%-5%, says Icra.
- Piramal Finance secures $100 Million loan to support social impact projects.