The move is aimed at reducing the excess liquidity currently present in the banking system. According to a statement by the ...

First timers to get one month’s wage of up to Rs 15,000 in two installments; scheme to support employment generation of more ...

Currently, the liquidity in the banking system is in surplus of around Rs 4.04 lakh crore as on July 3, as per RBI’s data.

The RDI Scheme aims to boost innovation by funding deep-tech and strategic sectors. While it’s drawn comparisons to China’s ...