Govt hikes interest rate on two small savings schemes

Govt hikes interest rate on two small savings schemes

The government has hiked the interest rates on Sukanya Samriddhi scheme by 20 basis points and three..

Old pension scheme needs updation, says bank union leader

Old pension scheme needs updation, says bank union leader

The Central Government and the Indian Banks’ Association (IBA) are sticking to their hard stance of ..

DICGC’s new directive to banks to spread deposit insurance scheme awareness

DICGC’s new directive to banks to spread deposit insurance scheme awareness

In a bid to spread awareness about the deposit insurance scheme, DICGC, the RBI subsidiary, has dire..

Govt hikes interest rates on select small savings schemes

Govt hikes interest rates on select small savings schemes

The government has hiked interest rates on select saving schemes by up to 30 basis points for the Ju..

ARCs’ retail loan recovery slows down by 35% due to OTS scheme

ARCs’ retail loan recovery slows down by 35% due to OTS scheme

Recoveries by asset reconstruction companies (ARCs) across retail loans such as housing and MSME hav..

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

State-owned UCO Bank has reported its highest-ever net profit for a full-fiscal year and is planning..

Small savings schemes become competitive with bank FDs

Small savings schemes become competitive with bank FDs

The government has raised the interest rates of small savings schemes by up to 70 basis points for t..

Fiscal deficit touches 68% of full-fiscal target in Ist 10 months

Fiscal deficit touches 68% of full-fiscal target in Ist 10 months

The fiscal deficit touched 67.8% of the full-fiscal target at the end of January due to higher expen..

Adani-Hindenburg row: Centre agrees to SC proposal to set up expert panel

Adani-Hindenburg row: Centre agrees to SC proposal to set up expert panel

The Centre on Monday agreed to the Supreme Court’s proposal to set up a panel of experts to look int..

Adani Enterprises to stick to FPO price and schedule: CFO

Adani Enterprises to stick to FPO price and schedule: CFO

India’s richest tycoon Gautam Adani is firm on sticking to the price of the follow-on public offer (..

RBI releases discussion points for stressed assets securitisation framework

RBI releases discussion points for stressed assets securitisation framework

The Reserve Bank of India (RBI) is looking to provide one more alternative mechanism for lenders to ..

RBI directs SBM Bank to stop transactions under remittance scheme

RBI directs SBM Bank to stop transactions under remittance scheme

The Reserve Bank of India (RBI) has directed SBM Bank (India) Ltd to stop all transactions under the..

Yes Bank to move SC against Bombay HC order on AT-1 bonds

Yes Bank to move SC against Bombay HC order on AT-1 bonds

The Bombay High Court’s ruling that quashed Yes Bank’s 2020 decision to write down Rs 8,400 crore of..

Yes Bank to move SC against Bombay HC order on AT-1 bonds

Yes Bank to move SC against Bombay HC order on AT-1 bonds

The Bombay High Court’s ruling that quashed Yes Bank’s 2020 decision to write down Rs 8,400 crore of..

Govt, RBI discussing cross-border rupee trade with South Asian nations

Govt, RBI discussing cross-border rupee trade with South Asian nations

The government and the central bank are in discussion with South Asian countries to have cross-borde..