RBI orders forensic audit of Mobikwik systems

RBI orders forensic audit of Mobikwik systems

The Reserve Bank of India has directed Mobikwik, a digital wallet firm which is facing data breach a..

SBI raises $1 bn loan from JBIC

SBI raises $1 bn loan from JBIC

tate Bank of India, the country's largest lender, has raised an additional $1 billion from Japan Ban..

Govt retains retail inflation target for 5 years

Govt retains retail inflation target for 5 years

The government on Wednesday asked the Reserve Bank of India to maintain the retail inflation target ..

MPC to meet six times in FY22

MPC to meet six times in FY22

The Monetary Policy Committee (MPC), which decides on key interest rates, will meet six times during..

Govt quickly rolls back rate cut on small savings

Govt quickly rolls back rate cut on small savings

Coming amidst the assembly elections, the government’s order on Wednesday to slash interest rates on..

Govt to infuse Rs 14,500 cr in 4 PSU banks

Govt to infuse Rs 14,500 cr in 4 PSU banks

The government will infuse Rs 14,500 crore into four weak state-run banks that will go to strengthen..

Govt slashes interest rates on small savings, PPF hits 46-year low

Govt slashes interest rates on small savings, PPF hits 46-year low

The government on Wednesday cut interest rates on small savings schemes, after keeping them untouche..

HDFC Bank's internet banking services face glitches again

HDFC Bank's internet banking services face glitches again

HDFC Bank, which in January said it was working on war footing to strengthen its technology platform..

Bank of India raises Rs 602 cr via bonds

Bank of India raises Rs 602 cr via bonds

Bank of India (BOI) said it has raised Rs 602 crore by issuing bonds.The amount has been raised via ..

Former RBI deputy governor Chakrabarty passes away

Former RBI deputy governor Chakrabarty passes away

Former Reserve Bank of India deputy governor KC Chakrabarty passed away on Friday morning following ..

Discussing privatisation of PSBs with govt: RBI Guv

Discussing privatisation of PSBs with govt: RBI Guv

The Reserve Bank of India is in discussion with the government over the privatisation of public sect..

No need for downward revision in GDP growth rate: RBI Guv

No need for downward revision in GDP growth rate: RBI Guv

Despite the rise in new Covid-19 infections, India’s economic revival story will continue unabated a..

IDBI Bank initiates fresh steps to sell non-core assets: CEO

IDBI Bank initiates fresh steps to sell non-core assets: CEO

IDBI Bank, which recently got lifted out of the RBI’s prompt corrective action (PCA) list, is lookin..

How the SC verdict will impact banks

How the SC verdict will impact banks

Banks could see an overall impact of Rs 7,500 crore as the Supreme Court has ordered a waiver of int..

RBI floats panel under Shyamala Gopinath to screen bank applications

RBI floats panel under Shyamala Gopinath to screen bank applications

Former RBI deputy governor Shyamala Gopinath will head a five-member panel set up by the Reserve Ban..