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Finance News Retail

RBI Expands Basket Of Products On Retail Direct Portal With Floating Rate Savings Bonds

The Retail Direct Portal of the Reserve Bank of India (RBI) now permits individual investors to participate in Floating Rate Savings Bonds (FRBs), 2020 (Taxable), thereby diversifying its range of available products. According to the Central Bank’s statement, “In its endeavour to expand the basket of products offered through the Retail Direct Portal, Reserve Bank […]

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Economy Government National News Retail

India’s Retail Inflation Likely To Ease By December: Finance Secretary

Finance Secretary T V Somanathan said that the retail inflation in India is expected to ease by December, attributing it to more favorable seasonal factors, the news agency Reuters reported. Despite staying above the upper limit of the central bank’s 2-6 per cent tolerance band for the second consecutive month in August, retail inflation has […]

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