STCI Primary Dealer Ltd.

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Fair Practice Code

 

Reserve Bank of India (RBI) has prescribed guidelines on Fair Practices for all Non Banking Financial Companies (NBFC) on the basis of which Fair Practices Code (FPC) shall be put in place by NBFC’s with approval of the Board.

To view the Fair Practice Code of the Company, click here.

Latest News

The CPI
The Consumer Price Index (Combined) inflation for November 2021 printed higher at 4.9% as compared to the reading of 4.5% in the previous month.
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Headline WPI inflation
Headline WPI inflation for November 2021 printed at 14.2%, significantly higher than 12.5% recorded in October 2021.
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IIP growth
IIP growth for October 2021 printed at 3.2%, marginally lower than the revised reading of 3.3% in September 2021, on a year on year basis.
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Real gross domestic product
Real gross domestic product for Q2FY22 noted a growth of 8.4% on a year on year basis, aided by strong favorable base and marginal pickup in activity across segments. Also, GDP expanded by 10.4% on a quarter on quarter basis and by 0.3% from Q2FY20 levels.
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Monetary Policy for FY22
In the Fifth Bi-monthly Monetary Policy for FY22, the MPC unanimously decided to maintain status quo on policy rates. The key policy rates stand unchanged: Repo rate at 4.00%, Reverse Repo rate at 3.35%, Marginal Standing Facility and Bank rate at 4.25%.
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