Reserve Bank of India.

RBI issues new order on credit cards to give customers more choice

The RBI on Wednesday issued a directive barring credit card issuers (banks and non-banks) from entering into any arrangement or agreement with card networks such as American Express, MasterCard Asia, Diners Club and Rupay that restrain them from availing the services of other card networks. 13 days ago
Sensex down more than 500 points

Sensex down more than 500 points

Market was likely to be in a range-bound zone in the near term, said V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services. 20 days ago
markets, sensex

Nifty closed in the green on four occasions in 3 months

On a 3-month basis into the election results, the Nifty has closed in the green on four occasions with an average up-move of 10.7%, JM Financial Institutional Securities said in a research on markets movement post India's general elections. 22 days ago
Nifty closes flat ahead of RBI policy meeting

Nifty closes flat ahead of RBI policy meeting

Nifty opened positive on Wednesday but soon lost some sheen to close flat at 21,931 levels. Barring IT, all other sectors ended in green, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. Feb 7, 2024