RBI’s 4 key measures to strengthen 1,514 urban co-operative banks

RBI’s 4 key measures to strengthen 1,514 urban co-operative banks

The Reserve Bank of India (RBI) has notified four key measures with the aim of strengthening 1,514 u..

India’s GDP growth on firm footing: SBI

India’s GDP growth on firm footing: SBI

India’s GDP growth is now on firm footing with urban demand showing good traction while the lagging ..

RBI keeps repo rate unchanged, GDP at 6.5% and inflation at 5.1%

RBI keeps repo rate unchanged, GDP at 6.5% and inflation at 5.1%

The Reserve Bank of India (RBI) has kept the policy repo rate unchanged for the second time in a row..

50% of Rs 2,000 notes back in banks, no plans to withdraw Rs 500 notes: RBI Guv

50% of Rs 2,000 notes back in banks, no plans to withdraw Rs 500 notes: RBI Guv

Around 50% of Rs 2,000 notes in circulation has returned to the banking system since the announcemen..

RBI allows banks to issue RuPay prepaid forex cards

RBI allows banks to issue RuPay prepaid forex cards

The Reserve Bank of India (RBI) has permitted RuPay to issue foreign currency cards, a move that wil..

Withdrawal of Rs 2,000 notes to have little impact on deposit growth, interest rates

Withdrawal of Rs 2,000 notes to have little impact on deposit growth, interest rates

The reverse flow of Rs 2,000 notes to the banking system will ease liquidity to a certain extent but..

HDFC Bank official abuses juniors, suspended after video goes viral

HDFC Bank official abuses juniors, suspended after video goes viral

A senior HDFC Bank official in Kolkata was suspended on Monday after a video went viral on social me..

The cursed journey of the Rs 2,000 note

The cursed journey of the Rs 2,000 note

The Rs 2,000 note is a cursed currency. Taking birth during the dark days of demonetisation in Novem..

Ashwani Kumar is new boss of UCO Bank

Ashwani Kumar is new boss of UCO Bank

Ashwani Kumar has been appointed as the new MD and CEO of state-owned UCO Bank with effect from 1 Ju..

 SBI Life to take over Sahara India Life’s insurance biz

SBI Life to take over Sahara India Life’s insurance biz

India’s insurance regulator has directed SBI Life Insurance Company to take over a unit of Sahara In..

Rs 2,000 withdrawal: Indians in Gulf face problems

Rs 2,000 withdrawal: Indians in Gulf face problems

Several Indians in the Gulf region are complaining that the banks are refusing to accept their Rs 2,..

Currency in circulation rises in volume, value during 2022-23: RBI

Currency in circulation rises in volume, value during 2022-23: RBI

The Reserve Bank of India (RBI) said that the value and volume of banknotes in circulation increased..

More fake Rs 500 notes in circulation than Rs 2,000: RBI

More fake Rs 500 notes in circulation than Rs 2,000: RBI

There are less Rs 2,000 fake notes in circulation than the Rs 500 notes, the latest RBI data shows.T..

Rs 500 has highest share of notes in circulation

Rs 500 has highest share of notes in circulation

Among the bank notes in circulation, Rs 500 has the highest share as of FY23. They account for 77.1%..

IDFC First Bank posts highest-ever quarterly profit, plans to raise Rs 5,000 cr

IDFC First Bank posts highest-ever quarterly profit, plans to raise Rs 5,000 cr

The financial year ending 31 March 2023 has been a defining year for IDFC First Bank. The private le..