Author: admin@thebankingtimes.in
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U.S. Tariffs on Key Countries & Impact on India
Published on August 4, 2025 | Source: USTR Executive Order & Reuters/FT 🔍 What Is a Tariff? A tariff is a tax imposed by a country on imported goods or services. For example, when the U.S. applies a 25% tariff on Indian exports, it increases the price of those goods in the American market—making Indian…
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Current Banking and Market Rates – August 4, 2025
Source: RBI & FBIL Policy Rates Rate Current Value Policy Repo Rate 5.50% Standing Deposit Facility Rate 5.25% Marginal Standing Facility Rate 5.75% Bank Rate 5.75% Fixed Reverse Repo Rate 3.35% Reserve Ratios Ratio Current Value CRR (Cash Reserve Ratio) 4.00% SLR (Statutory Liquidity Ratio) 18.00% Exchange Rates (INR) Currency Rate 1 USD 87.3519 1…
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Bank of Baroda Car Loan: Features, Interest Rates & Charges
Bank of Baroda (BoB) offersauto loans up to 90% of the car’s on-road price, with flexibletenure, competitive interest rates, and attractive features.The maximum loan limit for private-use vehicles is₹5 crore (₹500 lakh).Borrowers can choose between fixed and floating interest rate options. Key Features of Bank of Baroda Car Loan Up to 90% financing of on-road…
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Bajaj Finserv Mutual Fund Launches Equity Savings Fund NFO
Bajaj Finserv Mutual Fund has launched its Equity Savings Fund, an open-ended hybrid scheme that combines equity, arbitrage, and debt to offer investors the perfect balance of growth and stability. The New Fund Offer (NFO) is open for subscription now and will close on August 11, 2025. The scheme aims to deliver long-term capital appreciation…
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Kotak Launches Active Momentum Fund NFO: Open for Subscription
Kotak Mahindra Asset Management Company has announced the launch of its latest New Fund Offer (NFO), Kotak Active Momentum Fund. The scheme is an open-ended equity fund following a momentum investing theme, aiming to generate long-term capital appreciation by investing in stocks showing strong earnings momentum. Key Details of the NFO Detail Information Scheme Name…
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Fractional Real Estate Investment in India: How It Works and Current Status
Fractional real estate investment is transforming the way Indians invest in property. It allows individuals to co-own high-value properties by pooling resources, making real estate accessible to a larger group of investors without spending crores. What is Fractional Real Estate Investment? In fractional ownership, multiple investors collectively purchase a property, usually through a Special Purpose…
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Jilted Robotic Engineer Sends 22 Bomb Threat Emails Across 12 States, Caught by Wi-Fi Slip
Abrilliant robotic engineer with a high-paying job at a multinational company has landed in jail after allegedly orchestrating a series of 22 bomb threat emails across 12 Indian states, all in the name of revenge against a colleague who rejected her love. From Love to Revenge The accused, Renee Yoshida, a Chennai-based robotics graduate and…
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India Post to Discontinue Registered Post Service After 50 Years
India Post has officially announced that its iconic Registered Post service, which has served the nation for over 50 years, will be discontinued from September 1, 2025. The decision marks the end of an era in India’s postal history. From Trust to Transition For decades, Registered Post was the most trusted postal service in India…
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ED Arrests Viresh Joshi in Axis Mutual Fund Scam
The Enforcement Directorate (ED) has arrested Viresh Joshi, the alleged mastermind behind the Axis Mutual Fund front-running scam, and seized Rs. 17.4 crore worth of shares, mutual funds, and bank balances in the ongoing money laundering investigation. Joshi, the former Chief Dealer of Axis Mutual Fund, was arrested under the Prevention of Money Laundering Act…
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Rs. 9 Crore GST Scam: Shell Companies in New Panvel Under Scanner
CGST Raigad Arrests Two in Rs. 9 Crore Fake ITC Scam 🚨 CGST Raigad Busts Rs. 9 Crore Fake ITC Scam Two Arrested in New Panvel & Dombivli Two individuals were arrested by CGST & Central Excise Raigad Commissionerate for availing fake Input Tax Credit (ITC) of over Rs. 9 crore through shell firms. They…