Canara Bank hikes interest rates on FDs

Canara Bank hikes interest rates on FDs

Canara Bank has launched a special fixed deposit scheme for a tenure of 666 days, offering an intere..

RBI to soon launch digital rupee on pilot basis

RBI to soon launch digital rupee on pilot basis

The Reserve Bank of India on Friday said it will soon kickstart the pilot launch of e-rupee for spec..

PNB launches banking services through WhatsApp

PNB launches banking services through WhatsApp

Punjab National Bank (PNB) has made banking services available through WhatsApp to both its customer..

Prashant Kumar gets RBI nod to rule Yes Bank for 3 more years

Prashant Kumar gets RBI nod to rule Yes Bank for 3 more years

Prashant Kumar, responsible for the turnaround of Yes Bank, has got to rule for three more years to ..

Govt, LIC to sell 60.72% stake in IDBI Bank, invite bids

Govt, LIC to sell 60.72% stake in IDBI Bank, invite bids

The Indian government is looking to unload 60.72% stake in IDBI Bank and has invited expressions of ..

Why Indian rupee is sinking to new lows

Why Indian rupee is sinking to new lows

The Indian rupee depreciated 15 paise to close Friday at a record low of 82.32 against the US dollar..

PNB offers 80 bps extra on FD to super senior citizens

PNB offers 80 bps extra on FD to super senior citizens

Punjab National Bank (PNB) is offering an extra 80 basis points (bps) on fixed deposits (FDs) to sen..

Future Retail insolvency resolution reaches EOI stage

Future Retail insolvency resolution reaches EOI stage

The resolution professional of Future Retail Ltd (FRL) has invited 'expression of interest' from pro..

Rupee closes at record low

Rupee closes at record low

The rupee dipped 32 paise to close at a record low of 81.94 against the US dollar on Thursday amid r..

RBI hikes repo rate, lowers GDP forecast

RBI hikes repo rate, lowers GDP forecast

The Reserve Bank of India (RBI) has increased the repo rate by 50 basis points and more rate hikes a..

RBI keeps inflation forecast unchanged

RBI keeps inflation forecast unchanged

The Reserve Bank of India (RBI) has retained the inflation forecast at 6.7% for FY23 while expressin..

HDFC Bank’s loan book surges in Q2

HDFC Bank’s loan book surges in Q2

HDFC Bank has seen a 23.5% growth in its loan book for the quarter ended September 2022, indicating ..

RBI plans to deploy AI for better regulatory supervision

RBI plans to deploy AI for better regulatory supervision

The Reserve Bank of India (RBI) is planning to extensively use advanced analytics, artificial intell..

No charge for RuPay credit card use on UPI for transactions up to Rs 2,000

No charge for RuPay credit card use on UPI for transactions up to Rs 2,000

There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactio..

SBI, ICICI Bank signal how EMIs, deposits will behave as RBI hikes rates

SBI, ICICI Bank signal how EMIs, deposits will behave as RBI hikes rates

State Bank of India (SBI), Bank of India and other lenders have hiked their lending rates  whil..