KEY TAKEAWAYS Repo rate hiked by 50 bps MPC voted unanimously to hike repo rate by 50 bps SDF rate adjusts to 4.65%, MSF at 5.15% MPC unanimously decided to focus on […]
Highlights of RBI Governor Das’ address post MPC meet
Do you know: Argentina
In 1910s, Argentina was among the top 10 RICHEST countries in the World.But since then, has defaulted its debt 8 times. Inflation has been uncontrollable, sometimes as high as 5000%. Because of […]
IMPORTANT- Information regarding acceptance of transactions
As per the SEBI circular – SEBI/HO/IMD/IMD-I DOF5/P/CIR/2022/41 dated 31st March 2022, Two Factor Authentication for transactions will be effective from 1st June 2022. Resultantly it is necessary that investors submit signed documents for seamless […]
Important: Security Update
As mandated by SEBI, Mutual Fund/RTA is required to send intimation to both old and new address in case of change in address effected by the investor. As you are aware, Change […]
Market Update: 21 April 2022
RIL rally fuels market bulls; Sensex surges 874 pts; Nifty ends near 17,400 Sensex and Nifty rose on Thursday, on track for a second consecutive day of gains, with investors buying stocks […]
3 Bank Holidays This Week
If you have essential banking tasks which you have planned this week then either you will have to reschedule them or postpone them. This week banks in India will remain closed, because […]
Market Update: 11 April 2022
ICICI Bank has extended the Special Senior Citizen FD scheme to October 7, 2022, from April 8, 2022. ICICI Bank’s special FD scheme, also known as Golden years FD, resident Senior citizen […]
Market Update: 8 April 2022
Hail the Retail Investor! March SIP data hits fresh all-time-high of 12328 Crore Equity MF inflows continue to be robust; investors pour in Rs 28,500 crore in March, shows Amfi data. As […]
RBI keeps key rates unchanged; reduces growth outlook, raises inflation forecast
The benchmark repo rate stands unchanged at 4% for the 11th straight time The monetary policy stance remains accommodative with a unanimous vote The reverse repo rate is unchanged at 3.35% India’s […]
Market Update: 6 April 2022
HDFC twins drag Sensex 566 pts lower; Nifty ends near 17,800; Max Health down 6% On a day when HDFC twins witnessed profit booking, several interesting trends were visible in trade despite […]
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