PSBs' pension contribution for staff hiked to 14%: Govt

PSBs' pension contribution for staff hiked to 14%: Govt

The government has decided to increase the public sector bank (PSB) contribution in New Pension Sche..

Troubled Ujjivan SFB puts Carol Furtado in interim charge

Troubled Ujjivan SFB puts Carol Furtado in interim charge

Rocked by losses, a sharp rise in bad loans and management issues, Ujjivan Small Finance Bank has pu..

MPC member Varma wants RBI reverse repo rate to be raised

MPC member Varma wants RBI reverse repo rate to be raised

Prof. Jayanth R Varma, the only monetary policy member (MPC) to vote against the Reserve Bank of Ind..

Post RBI ban lift, HDFC Bank CEO plans aggressive credit card growth

Post RBI ban lift, HDFC Bank CEO plans aggressive credit card growth

HDFC Bank has chalked out aggressive plans to regain market share after the Reserve Bank of India (R..

HDFC Bank can sell new credit cards as RBI lifts ban

HDFC Bank can sell new credit cards as RBI lifts ban

HDFC Bank will resume issuance of new credit cards as the Reserve Bank of India (RBI) has lifted the..

Inflation to stay within projected levels: RBI

Inflation to stay within projected levels: RBI

The Reserve Bank of India (RBI) may continue to hold rates as it leans towards growth while keeping ..

RBI leaves repo rate unchanged; ups inflation estimate

RBI leaves repo rate unchanged; ups inflation estimate

The Reserve Bank of India (RBI) has kept the key policy rate (repo rate) unchanged at 4% for the sev..

The changing trends in the credit card marketplace

The changing trends in the credit card marketplace

The credit card marketplace is seeing some disruption, thanks to Covid-19 and the Reserve Bank of In..

Sale of two PSU banks deferred to next fiscal

Sale of two PSU banks deferred to next fiscal

The government may defer the sale of two public sector banks to next financial year as the procedura..

Amazon Pay ICICI Bank credit card nets mn users

Amazon Pay ICICI Bank credit card nets mn users

ICICI Bank and Amazon Pay have issued two million ‘Amazon Pay ICICI Bank' credit cards since its lau..

Federal Bank feels stress of gold loans, small biz in Q1

Federal Bank feels stress of gold loans, small biz in Q1

A Covid-induced deterioration in asset quality pulled down the net profit of Federal Bank in the fis..

Federal Bank feels stress of gold loans, small biz in Q1

Federal Bank feels stress of gold loans, small biz in Q1

ACovid-induced deterioration in asset quality pulled down the net profit of Federal Bank in the fisc..

RBI working on phased introduction of digital currency

RBI working on phased introduction of digital currency

The RBI is working on phased introduction of its own digital currency and is mulling pilot projects ..

RBI working on phased introduction of digital currency

RBI working on phased introduction of digital currency

The RBI is working on phased introduction of its own digital currency and is mulling pilot projects ..

Paytm, IndusInd Bank tie up for payments from fixed deposits

Paytm, IndusInd Bank tie up for payments from fixed deposits

Digital payments and financial services company Paytm on Monday said Paytm Payments Bank's customers..