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RBI starts 2015 with cash reserve requirement on positive note

Newsroom24x7 Desk

Mumbai, Jan. 9: As against the average daily cash reserve requirement of Rs. 337, 307 crore for the fortnight ending today that is January 9, the cash balance with Reserve Bank of India on January 3 was Rs. 121 more words

India

With all that cash, why is Apple borrowing to raise its dividend and buybacks?

Given that Apple has some $150 billion cash or near equivalents on its balance sheet it seems a little odd, perverse even, that they’ll then borrow to finance the extra stock buybacks and raised dividend that they’ve announced. 598 more words

Tech