RBI hikes repo rate, lowers GDP forecast

RBI hikes repo rate, lowers GDP forecast

The Reserve Bank of India (RBI) has moved along expected lines, raising the repo rate by 35 basis po..

RBI extends market trading hours

RBI extends market trading hours

The Reserve Bank of India (RBI) has decided to restore market trading hours to pre-pandemic timings,..

Loan EMIs go up after RBI hikes repo rate

Loan EMIs go up after RBI hikes repo rate

Loans have become costlier as some banks have hiked their benchmark lending rates soon after the Res..

Digital currency transactions to remain largely anonymous: RBI

Digital currency transactions to remain largely anonymous: RBI

People should have no ‘fear psychosis’ over privacy concerns and transactions through the newly-intr..

IDFC First Bank, NASSCOM partner to grow startup ecosystem

IDFC First Bank, NASSCOM partner to grow startup ecosystem

IDFC First Bank and NASSCOM Centre of Excellence (COE) have partnered to grow the innovation ecosyst..

Govt to allow foreign funds to own majority stake in IDBI Bank

Govt to allow foreign funds to own majority stake in IDBI Bank

The Indian government will allow a consortium of foreign funds and investment companies to own over ..

SBI’s personal loan book crosses Rs 5-trillion mark

SBI’s personal loan book crosses Rs 5-trillion mark

State Bank of India (SBI) has put a new feather in its cap by crossing the Rs 5-trillion mark in per..

India’s first gold ATM set up in Hyderabad

India’s first gold ATM set up in Hyderabad

If you are in Hyderabad, you can buy gold from an ATM machine. The credit for setting up India’..

Canara Bank wins Banker’s Bank 2022 award

Canara Bank wins Banker’s Bank 2022 award

Canara Bank has won the ‘Banker's Bank of the Year Award 2022’ for the Indian segment of the Global ..

Independent valuers give RCAP liquidation value of Rs 13,000 cr

Independent valuers give RCAP liquidation value of Rs 13,000 cr

Independent valuers have given Reliance Capital (RCAP) a liquidation value of up to Rs 13,000 crore...

RBI gives conditional nod to Carlyle, Advent for stake buy in Yes Bank

RBI gives conditional nod to Carlyle, Advent for stake buy in Yes Bank

The Reserve Bank of India (RBI) has given conditional approval to US private equity investors Carlyl..

RBI brings urban co-operative banks under four-tiered regulatory framework

RBI brings urban co-operative banks under four-tiered regulatory framework

The Reserve Bank of India (RBI) Thursday announced a four-tiered regulatory framework for categorisa..

India’s GDP slows to 6.3% in Q2

India’s GDP slows to 6.3% in Q2

India's economy grew by 6.3% in the September quarter, down from 13.5% in the preceding quarter and ..

Strong loan growth in FY23 despite higher interest rates: Fitch

Strong loan growth in FY23 despite higher interest rates: Fitch

Despite higher interest rates, bank credit in India will see strong growth in the current financial ..

Yes Bank acquires 9.9% stake in JC Flowers ARC

Yes Bank acquires 9.9% stake in JC Flowers ARC

Yes Bank has acquired a 9.9% stake in JC Flowers Asset Reconstruction Company (ARC) at Rs 11.43 per ..