RBI on Monday said that public deposits accepting HFC can renew deposits after 12 months or more but not later than sixty months. It has allowed existing deposits with maturities above sixty months shall be repaid as per their existing repayment profile.
The Indian rupee opened at 92.42 against the US dollar on Wednesday. A plunge in global crude oil prices and positive opening at domestic equity
Markets show a tentative rebound, but sustainability hinges on external factors like oil prices and news flow. Experts caution against definitive bottom calls, emphasizing structural
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