Growth is of paramount importance at current juncture

Growth is of paramount importance at current juncture

Amidst a new surge in Covid-19 infections, will the RBI be open to giving moratorium relief as it di..

RBI extends RTGS, NEFT money transfer facilities to non-banks

RBI extends RTGS, NEFT money transfer facilities to non-banks

The Reserve Bank of India on Wednesday extended Real-time gross settlement (RTGS) and National Elect..

RBI to set up panel to review working of ARCs

RBI to set up panel to review working of ARCs

The Reserve Bank of India has decided to set up a panel to undertake a comprehensive review of the w..

NCLT admits insolvency proceedings against OYO Hotels

NCLT admits insolvency proceedings against OYO Hotels

The National Company Law Tribunal has directed to start insolvency proceedings against OYO Hotels an..

Govt's debt monetisation program weighs heavy on RBI's monetary policy

Govt's debt monetisation program weighs heavy on RBI's monetary policy

The Reserve Bank of India has kept its focus on the massive debt monetisation programme of the gover..

RBI retains 10.5% GDP growth forecast for FY22 amidst Covid surge

RBI retains 10.5% GDP growth forecast for FY22 amidst Covid surge

The Reserve Bank of India has retained India’s GDP growth projection for the current financial year ..

RBI doubles payments bank deposit limit to Rs 2 lakh

RBI doubles payments bank deposit limit to Rs 2 lakh

The Reserve Bank of India has doubled the maximum end of day balance for payments banks to Rs 2 lakh..

Axis Bank becomes co-promoter of Max Life

Axis Bank becomes co-promoter of Max Life

Axis Bank and two of its subsidiaries have become the co-promoters of Max Life Insurance Company aft..

RBI to give direction to debt market in first policy of FY22

RBI to give direction to debt market in first policy of FY22

The first monetary policy of the current financial year, to be unveiled by the Reserve Bank of India..

HDFC Bank’s loan growth at 17-qtr low; how other banks fared in FY21

HDFC Bank’s loan growth at 17-qtr low; how other banks fared in FY21

The slowdown, deepened due to the Covid-induced stress in the economy, has impacted HDFC Bank’s grow..

Govt amends IBC for stressed MSMEs

Govt amends IBC for stressed MSMEs

Amending the insolvency law, the government has introduced a pre-packaged resolution process for str..

SBI ups home loan rates

SBI ups home loan rates

State Bank of India (SBI) has increased the minimum interest rate on home loans by 25 basis points t..

SBI Card has 50% transaction from online payments: CEO

SBI Card has 50% transaction from online payments: CEO

SBI Cards and Payment Services is seeing over 50% of its transactions come from online payments such..

Interest rates on Fixed Deposits

Interest rates on Fixed Deposits

Banks1 Year FDsGeneral1 Year FDsSenior CitizenState Bank of India4.90%5.40%HDFC Bank4.90%5.40%Punjab..

Jana Small Finance Bank files for IPO to raise Rs 1,100 cr

Jana Small Finance Bank files for IPO to raise Rs 1,100 cr

Small finance banks are in a rush to raise money through public float. Soon after Suryoday Small Fin..