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BANKING

Getting Started:
Banking is a system of trading in money which involves safeguarding deposits and making funds available for borrowers. Broadly, a bank is any financial institution that receives, collects, transfers, pays, exchanges, lends, invests, or safeguards money for its customers. The essential role of a bank is to connect those who have capital (investors or depositors) with those who seek capital (those wanting a loan).

SUVODEEP RAKSHIT, KOTAK INSTITUTIONAL EQUITIES
The repo rate cut by 25 bps to 6.25% was a direct policy response to plunge in food inflation momentum. The MPC also noted that food price management by the government will have a READ...
STAFF REPORTER
The Reserve Bank of India (RBI) on Tuesday cut the short-term lending rate, or repo rate, by 25 basis points to 6.25 per cent from 6.50 per cent earlier. The fresh repo rate cut READ...
RADHIKA RAO, DBS BANK
The Reserve Bank of India’s (RBI) monetary policy committee lowered the benchmark repo rate by 25bps to 6.25% at its first meeting on Tuesday. This was along our expectations. READ...
ABHEEK BARUA, CHIEF ECONOMIST, HDFC BANK
As we had expected, the Reserve Bank of India (RBI) in its fourth bi-monthly monetary policy review reduced the policy repo rate by 25 bps from 6.50 per cent to 6.25 per cent. READ...
ANUJ PURI, JONES LANG LASALLE INDIA
The policy rates have been reduced by 25 basis points to 6.25%. This rate cut delivery has happened for the second time in the current financial year, although after one round of r READ...
ANIL REGO, CEO & FOUNDER, RIGHT HORIZONS
The credit policy or monetary policy is announced by the RBI every two months. The purpose of the policy is to give a picture about the inflation in the economy, the likely path of READ...
ANIL REGO, CEO & FOUNDER, RIGHT HORIZONS
All of us would like to attain financially freedom. How do we get there? The mantra is simple: save, invest, and get your money to grow. You will become financially independent. Ho READ...
STAFF REPORTER
ICICI Bank, India’s largest private sector bank, has crossed the milestone of 1 lakh Virtual Payment Addresses (VPA) on ‘Unified Payments Interface’ (UPI) within three weeks READ...