RBI hits pause button, keeps repo rate unchanged at 6.5%

RBI hits pause button, keeps repo rate unchanged at 6.5%

The Reserve Bank of India (RBI) has hit the pause button and kept the repo rate unchanged at 6.50%, ..

RBI to set up portal for unclaimed bank deposits

RBI to set up portal for unclaimed bank deposits

Reserve Bank of India (RBI) will set up a centralised portal to help depositors and their beneficiar..

RBI to bring credit bureaus under ombudsman

RBI to bring credit bureaus under ombudsman

The Reserve Bank of India (RBI) will bring the Credit Information Companies (CIC) under the RBI Inte..

IDFC First Bank, HPCL launch co-branded fuel credit card

IDFC First Bank, HPCL launch co-branded fuel credit card

Want to save up to 6.5% on your petrol and diesel spends? Take IDFC First Bank and HPCL’s co-branded..

Dhanlaxmi Bank posts strong credit growth in FY23

Dhanlaxmi Bank posts strong credit growth in FY23

Kerala-headquartered Dhanlaxmi Bank has reported a strong business year with credit growing by 16.85..

Why Indian banks need to worry less about demise of SVB

Why Indian banks need to worry less about demise of SVB

On 25 March, Finance Minister Nirmala Sitharaman asked the chiefs of state-run banks to be more vigi..

FM Sitharaman reviews PSBs’ preparedness amid banking crisis in US, Europe

FM Sitharaman reviews PSBs’ preparedness amid banking crisis in US, Europe

Amid turbulence across the global banking sector, Finance Minister Nirmala Sitharaman has asked stat..

US Federal Reserve raises interest rates by 25 basis points

US Federal Reserve raises interest rates by 25 basis points

The Federal Reserve has hiked interest rates by another quarter of a percentage point to a range of ..

UBS to buy Credit Suisse for $3.25bn

UBS to buy Credit Suisse for $3.25bn

Backed by the Swiss government and the regulators, UBS has agreed to acquire its troubled rival Cred..

Canara Bank Rupay Credit Card on UPI

Canara Bank Rupay Credit Card on UPI

Canara Bank, in collaboration with NPCI, has launched the Rupay Credit Card through UPI using the BH..

Adani Group firms pledge more shares

Adani Group firms pledge more shares

The promoters of Adani Group have pledged more shares as security for loans.SBICap Trustee Company, ..

Why SEBI has not yet got to bottom of issues raised by Hindenburg, asks ex-RBI Guv

Why SEBI has not yet got to bottom of issues raised by Hindenburg, asks ex-RBI Guv

The pressure on markets regulator SEBI to speed up with its probe on the issues raised by a US short..

Credit growth at 16.8% vs deposits' 10.3% in Dec quarter

Credit growth at 16.8% vs deposits' 10.3% in Dec quarter

Banks' credit growth doubled to 16.8% in the October-December quarter from a year earlier but was lo..

ARCs expected to grow 10% in FY23: Crisil report

ARCs expected to grow 10% in FY23: Crisil report

Assets under management (AUM) of asset reconstruction companies (ARCs) is expected to grow almost 10..

Adani firms pledge additional shares for SBI

Adani firms pledge additional shares for SBI

Three Adani group companies have pledged additional shares for State Bank of India (SBI), Reuters re..