India’s central bank is poised to deliver its fourth successive quarter-point interest rate cut on Wednesday, amid calls from investors and the government for further easing as a slowdown gripping the economy becomes more pervasive. The Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 5.5%, according to almost all of the 36
Additionally, a working group has been created to carry forward the initiatives identified for synergy and to effectively implement the decisions taken at the management level, the bank said. IDBI to bring banking, insurance services at one platform (Representational Image) | Photo Credit: BCCL New Delhi: IDBI Bank on Sunday said it is strategising to be a
Stu Forster/Getty Images Entertainment/Getty Images I know it’s only February, but honestly, 2019 has been a really long year so far. Like, I think I’ve done more face masks in the past month alone than I did in the entire six months before that, so you know it’s been trying. In these astrologically-intense and constantly busy times,
It’s hard to say what this new year will bring, but one thing you can bet on is that we’ll be seeing the creation of more online banks. Rising Bank launched today. The new online institution is a division of Midwest BankCentre, a community bank based in St. Louis that has been around for more
What is it like to be a runaway, far from home, a child fending for yourself? Prathmesh Tripathi, now with a political consultancy in Hyderabad, lived this life for two months in 2011. No one knew where he was from, few knew his name; he was bald and loved cricket, so they called him Pietersen.