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Despite the RBI signaling 115 basis point(one bps is 0.01%) reduction of its benchmark repo rate - the rate at which it lends to banks - since March 2020, weighted average lending rates have fallen by 40 bps and 50bps on outstanding and fresh loans respectively between April and November.
Bharat Bond best for those with Rs 10 lakh-plus income: ExpertsThe offering of this debt fund — the only bond ETF in the country — will open on July 14 for three days. It has two series options — one maturing in 5 years and the other in 11 years. Based on the yields of the underlying ind… Read MoreStocks in the news: Wipro, RIL, YES Bank , Vodafone Idea, Biocon, Mindtree and Motherson SumiVodafone Idea has moved the telecom tribunal Monday, challenging the sector regulator’s July 11 order blocking its RedX premium tariff plan.
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… Read MoreMukesh Ambani 8th richest in world as RIL tops Rs 12 lakh croreRIL has transformed itself into a consumer company from a materials and energy producer, crossing 12 lakh crore in market capitalisation on Monday — two days ahead of its 43rd annual general body meeting. Its market cap now i… Read MoreAsian markets struggle to digest coronavirus spikeAustralian S&P/ASX 200 futures lost 0.76% in early trading, Japan's Nikkei 225 futures added 0.22%, and Hong Kong's Hang Seng index futures rose 0.39%.
from Stocks-Markets-Economic Times https://ift.tt/3ekVaYo
… Read MoreF&O play on Infosys ahead of Q1 numbersUsing Monday closing rates, the trader buys the 800 call for 24 a share (1,200 shares make one lot) and sells an 840 call for 9.6 a share. This reduces the debit to 14.4 while the maximum profit is capped at 25.6, no matter h… Read More
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