banking amp finance News

Indian Rupee up 3 paise against dollar in early trade

The rupee had eased by five paise to close at 60.50 against the dollar in the previous session on Thursday. (Reuters)

The rupee recovered by three paise to 60.47 against the US dollar in early trade today.

Rupee is into overbought zoneRupee to dollar: Indian currency extends gains; broad US dollar rally post Fed minutes aids
Currency counterfeiters appear to have started focusing more on the Rs 100 and Rs 1,000 denominations. (Thinkstock)
Fakenotes! Counterfeiters lapping up Rs 100, 1,000 bills, says RBI
The banking system detected over 2.52 lakh pieces of counterfeit notes of Rs 500 denomination in FY1...

Indian banks' bad loan level not 'scary', says RBI Governor Raghuram Rajan

The level of bad loans at Indian banks is a "concern" but is not "scary", says Reserve Bank of India...

Citibank fraud accused charged with duping Mum bizman

A man alleged to be the mastermind of the Rs 400 crore Citibank scam has now a new case of fraud.

National Insurance Co Ltd asked to pay around Rs 11 L to man

National Insurance Company Ltd to pay around Rs 11 lakh to a man for loss of jewellery.

Banks open 2.14 crore accounts under Jan Dhan Yojana

Finance Minister Arun Jaitley said banks have opened about 2.14 crore saving accounts...
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In email to banks, Modi said will 'personally recognise' performers in Jan Dhan Yojana
In run-up to launch of his financial inclusion scheme, PM reaches out to officers across all PSU ban...
Jan Dhan Yojana: Banks to get ‘handsome’ compensation
Banks and their banking correspondents who provide basic services under Pradhan Mantri Jan Dhan Yoja...
United Bank files caveat in SC against Kingfisher
State-owned United Bank of India (UBI) has filed a caveat in the Supreme Court against Kingfisher Ai...
Saradha group chit fund scam: Sudipta Sen sent to judicial custody
Police did not seek his further remand for Sudipta Sen, the chairman of the Saradha Group.
RBI can cut policy rates by 75-100 bps even if US Fed hikes: BofA-ML
Monetary policies of developed and emerging markets, especially India, have turned 'asynchronous'...
Police arrest 4 over $39 mn fraud involving Bank of India, PNB, State Bank, others
Police have arrested 4 people alleged to have siphoned off money from accounts in multiple banks...
Cobrapost sting: NABARD chief gives clean chit to co-operative banks
RBI has maintained that no transaction has happened while the sting also does not point to money lau...
Indian rupee down 5 paise vs $ to 60.50 on dollar demand; logs weekly rise
The rupee commenced better at 60.40 a dollar from last close of 60.45 at the Interbank Foreign Excha...
RBI or SEBI should create awareness against ponzi schemes: SBI
RBI...or SEBI should begin a major campaign in line with Jago Grahak Jago, says Pratip Chaudhuri.
Rupee is into overbought zone: Hemal Doshi
Indian rupee opened firm at 60.40 and then made an intraday high of 60.36 due to weak dollar...
State Bank of India suggests RBI as single regulator for all home loans
A single regulator having same rules for all players would help remove regulatory arbitrage: SBI
Loans to industries stay anaemic
Growth in loans to industries continued to be anaemic in July and rose at just 10.1% year-on-year to...
ATM heist: India's IT sector in unwelcome spotlight
Global banks were already under pressure to step up oversight of back-office functions.
Banks on an overdrive to enroll new customers under Narendra Modi's Jan Dhan Yojana
ICICI Bank, India’s largest private sector bank, opened 1 lakh basic savings bank deposit accounts o...
Indian rupee logs biggest fall in a week vs US dollar
Indian rupee commenced lower from previous close of 54.77 and immediately touched 55.00.
A year on from record low, optimism abounds about Indian rupee
Thursday marks the one-year anniversary since the Indian rupee hit record low of 68.85.
Overseas business margins under pressure: SBI
State Bank of India today said it would review returns from its foreign and domestic business.
Indian rupee recovers 7 paise against US dollar in early trade
The Indian rupee recovered by 7 paise to trade at 60.38 against the US dollar in early trade...
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