Why RBI keeps repo rate untouched and ups GDP growth forecast

Why RBI keeps repo rate untouched and ups GDP growth forecast

India’s benchmark interest rates remain unchanged at 6.5% for the eighth consecutive time but more v..

Bank fraud cases up 166%, value falls

Bank fraud cases up 166%, value falls

The number of fraud cases reported in banks have gone up in FY24 but the total value has decreased, ..

IDFC First Bank to raise Rs 3,200 cr via preferential issue

IDFC First Bank to raise Rs 3,200 cr via preferential issue

IDFC First Bank’s board has approved a proposal to raise Rs 3,200 crore through a preferential allot..

RBI’s balance sheet surges 11% to Rs 70. 47 lakh crore in FY24

RBI’s balance sheet surges 11% to Rs 70. 47 lakh crore in FY24

The Reserve Bank of India's balance sheet ballooned to Rs 70.47 lakh crore as on 31 March 2024, up 1..

Why small finance banks are in no hurry to become universal banks

Why small finance banks are in no hurry to become universal banks

Considering the huge unsecured microfinance loans on their books, the small finance banks (SFBs) are..

Some ARCs are circumventing rules, warns RBI deputy governor

Some ARCs are circumventing rules, warns RBI deputy governor

The Reserve Bank of India (RBI) has warned asset reconstruction companies (ARCs) of regulatory or su..

HDFC Bank to stop SMS alerts for small UPI transactions

HDFC Bank to stop SMS alerts for small UPI transactions

Private lender HDFC Bank has informed its customers that it will stop sending SMS alerts for any UPI..

Unclaimed deposits with banks leap 26% to Rs 78,213 crore

Unclaimed deposits with banks leap 26% to Rs 78,213 crore

Unclaimed deposits with banks have jumped 26% year-on-year to Rs 78,213 crore at the end of March 20..

RBI to allow opening of rupee accounts overseas

RBI to allow opening of rupee accounts overseas

In a strategic drive to internationalise the domestic currency, the Reserve Bank of India (RBI) has ..

Counterfeit of Rs 2,000 notes more than double

Counterfeit of Rs 2,000 notes more than double

Counterfeit notes detected of Rs 2,000 denomination jumped in 2023-24 to 26,035 pieces in 2023-24 fr..

RBI’s whip on Edelweiss ARC, ECL Finance

RBI’s whip on Edelweiss ARC, ECL Finance

Two of Edelweiss’s group companies are in trouble. The Reserve Bank of India (RBI) has imposed busin..

Why banks worry as RBI aims to tighten project finance norms

Why banks worry as RBI aims to tighten project finance norms

The unanticipated contest between the Great Indian Bustard and the solar energy companies in vast tr..

Ujjivan SFB to fix timelines for universal bank transition in FY25

Ujjivan SFB to fix timelines for universal bank transition in FY25

RBI has recently issued conditions for voluntary transition of small finance banks (SFBs) to a unive..

RBI’s record dividend gift to ease fiscal deficit

RBI’s record dividend gift to ease fiscal deficit

The Reserve Bank of India’s record Rs 2.1 lakh crore dividend payout to the government for FY24 will..

New interview date for SBI chairman’s post after poll results

New interview date for SBI chairman’s post after poll results

The contenders for the post of chairman of State Bank of India (SBI) will have to wait for another i..