New RBI rules may end loan spread tinkering; to standardise rate setting across banks, NBFCs

The methodology used to calculate internal benchmarks will also have to be made publicly available MUMBAI: Lenders may no longer be able to tinker with loan spreads over the benchmark rate to offer new borrowers better deals than existing customers. Draft RBI rules seeking to standardise interest-rate setting across banks, NBFCs and cooperatives require lenders…

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Direct link to download marksheets here

CBSE Class 12 compartment result 2026 declared The Central Board of Secondary Education (CBSE) has declared the Class 12 compartment result 2026 today, August 12. Students who appeared for the compartment or improvement examination can check their results on the official websites, cbse.gov.in and cbseresults.nic.in.Students will need their roll number, admit card number, school number…

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Food prices push up retail inflation to 4.45% in July

Price pressures remain stronger in rural India (4.8%), up from 4.7% in June NEW DELHI: Retail inflation inched up to 4.45% in July on expensive kitchen staples, including onion and ginger, even as price rise remained above the Reserve Bank’s median target for the second consecutive month, according to govt data.The consumer price index (CPI)-based…

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‘I was not referring to all youth, but those who label themselves as cockroaches’

Kangana Ranaut clarifies her “Generation Gutter” remark, saying it was aimed at specific people, not all youth. Politician and actor Kangana Ranaut has clarified her controversial “Generation Gutter” remarks, saying she was not referring to all young people. Speaking to ANI on Wednesday, Ranaut said her comments were specifically aimed at people who “label themselves…

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What N Chandrasekaran told Tata Sons staff

N Chandrasekaran announced that he will not seek another term as chairman of Tata Sons after his current tenure expires. (Reuters file photo) N Chandrasekaran, who has decided to step down as Tata Sons chairman, told employees to ignore the speculation and conspiracy theories circulating over the group’s leadership transition. Earlier today, N Chandrasekaran announced…

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