RBI introduces 5 measures to check rupee fall, boost forex inflows

RBI introduces 5 measures to check rupee fall, boost forex inflows

With the Indian currency sliding to new lows this month, the Reserve Bank of India (RBI) on Wednesda..

How NBFCs will feel the pinch in a high interest rate cycle

How NBFCs will feel the pinch in a high interest rate cycle

In a rising interest rate cycle, non-banking financial companies (NBFCs) are banking on credit growt..

Muthoot Finance gets RBI nod to open 150 branches

Muthoot Finance gets RBI nod to open 150 branches

After a three-year hiatus, Muthoot Finance is on a branch expansion spree across southern and northe..

Rupee falls to record low, touches 79.37 against US dollar

Rupee falls to record low, touches 79.37 against US dollar

The Indian rupee tumbled to its lowest against the US dollar amid a record trade deficit, rising con..

RBI approves HDFC Bank’s merger proposal with parent

RBI approves HDFC Bank’s merger proposal with parent

HDFC Bank, India’s largest private lender, has received the Reserve Bank of India's (RBI) nod for it..

RBI penalises Kotak Mahindra Bank, IndusInd Bank

RBI penalises Kotak Mahindra Bank, IndusInd Bank

The Reserve Bank of India (RBI) has fined private sector lenders Kotak Mahindra Bank and Indusind Ba..

Bank frauds fall in FY22

Bank frauds fall in FY22

Banking frauds involving sums of over Rs 100 crore have seen a significant fall, with reported cases..

DICGC to pay depositors of two stressed co-operative banks in Aug

DICGC to pay depositors of two stressed co-operative banks in Aug

The depositors of two Maharashtra-based co-operative banks will get paid their insurance cover of up..

SBI’s gold loans cross Rs 1 trillion milestone

SBI’s gold loans cross Rs 1 trillion milestone

Though the Reserve Bank of India (RBI) in its financial stability report raised concerns on consumer..

Gross bank NPA ratio at six-year low: RBI

Gross bank NPA ratio at six-year low: RBI

The gross non-performing asset (GNPA) ratio of banks has fallen from 7.4% in March 2021 to a six-yea..

Cryptocurrencies are a clear danger: RBI Guv

Cryptocurrencies are a clear danger: RBI Guv

Describing cryptocurrencies as “clear danger”, Reserve Bank of India (RBI) Governor Shaktikanta Das ..

Interest rate on PPF, NSC unchanged

Interest rate on PPF, NSC unchanged

Despite rising inflation and interest rates, small savings schemes such as the Public Provident Fund..

PSU banks support Adani’s copper foray

PSU banks support Adani’s copper foray

Adani Group has got a consortium of public sector banks to provide the entire debt requirement of Rs..

RBI extends deadline for card tokenisation by 3 months

RBI extends deadline for card tokenisation by 3 months

The Reserve Bank of India (RBI) has, in consultation with the stakeholders, extended the deadline fo..

This is why RBI penalises Indian Overseas Bank

This is why RBI penalises Indian Overseas Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 57.50 lakh on state-run Indian ..