Strong growth momentum gives space to focus on price stability: RBI Guv at MPC

Strong growth momentum gives space to focus on price stability: RBI Guv at MPC

The strong growth momentum and the GDP projections for 2024-25 give the RBI a policy space to unwave..

RBI fines five co-operative banks

RBI fines five co-operative banks

The Reserve Bank of India (RBI) has imposed penalties on five co-operative banks amounting to a tota..

HDFC Bank only private bank in Lakshadweep

HDFC Bank only private bank in Lakshadweep

HDFC Bank has become India’s first private sector bank to have a presence in Lakshadweep. The c..

HDFC Credila raises $100 mn for loan expansion

HDFC Credila raises $100 mn for loan expansion

HDFC Credila Financial Services, an education loans-focused lender, has raised $100 million in exter..

RBI curbs to slow down personal loan growth

RBI curbs to slow down personal loan growth

The co-lending model has attracted assets under management (AUM) worth almost Rs 1 lakh crore in the..

RBI keeps repo rate unchanged

RBI keeps repo rate unchanged

The Reserve Bank of India (RBI) has kept the key policy repo rate unchanged at 6.5% for the seventh ..

RBI to soon allow cash deposits in banks via UPI

RBI to soon allow cash deposits in banks via UPI

Depositors will soon be able to use UPI, a real-time payment system for inter-bank transactions thro..

RBI to review liquidity coverage ratio norms

RBI to review liquidity coverage ratio norms

The Reserve bank of India (RBI) will review the liquidity ratio framework for banks and issue a draf..

Canara Bank launches healthcare loan, women’s saving account with cover

Canara Bank launches healthcare loan, women’s saving account with cover

Canara Bank has launched a slew of new products, including a loan scheme to meet shortfall of hospit..

Union Bank raises $500 mn from foreign markets

Union Bank raises $500 mn from foreign markets

State-owned Union Bank of India has raised $500 million (about Rs 4,200 crore) from foreign markets ..

Axis Bank credit card users hit by fraudulent international transactions

Axis Bank credit card users hit by fraudulent international transactions

Several Axis Bank credit card customers have been impacted by fraudulent overseas transactionsz*cxSt..

Nidhu Saxena is new CEO of Bank of Maharashtra

Nidhu Saxena is new CEO of Bank of Maharashtra

Nidhu Saxena has been appointed as the managing director and CEO of Bank of Maharashtra for a period..

RBI modifies circular on AIF investments by regulated entities

RBI modifies circular on AIF investments by regulated entities

The Reserve Bank of India (RBI) has modified its circular on regulated entities’ (RE) investments in..

Electoral Bonds: SC asks SBI to disclose all info by 21 March

Electoral Bonds: SC asks SBI to disclose all info by 21 March

Pulling up the State Bank of India, the Supreme Court today told the state-owned lender to stop bein..

Electoral Bonds: TMC at No. 2, ahead of Congress

Electoral Bonds: TMC at No. 2, ahead of Congress

Mamata Banerjee-led All India Trinamool Congress (TMC) is the second-largest recipient of electoral ..