The Reserve Bank of India’s (RBI’s) decision to keep the policy repo rate unchanged offers significant relief to home loan borrowers. As RBI maintains a status quo, the equated monthly installments (EMIs) are unlikely to see a surge. Borrowers who were bracing for a hike can breathe a sigh of relief. The RBI’s Monetary Policy … Read more
The CAG has expressed concern that the Telangana government had utilised borrowed funds for repayment of public debt in the financial year 2021-22. File | Photo Credit: PTI The Comptroller and Auditor General of India (CAG) has expressed concern the State Government had utilised borrowed funds for repayment of public debt in the financial year … Read more
NEW DELHI: The initial public offer (IPO) of Shyam Metalics and Energy will hit the Street on Monday. The producer of long steel products is looking to raise about Rs 909 crore from a mix of fresh issue and offer for sale. It is looking to use the net proceeds from the fresh issue mainly … Read more