EXPLAINER | Why banks are wary of trust transfers Dividends, while permissible under FEMA as current account transactions, add to the outflows of foreign exchange. 10 months agoDecember 16, 2024
PSBs split over perquisite tax liability for staff Banks have already communicated with employees that the tax deductions will start next month. 10 months agoDecember 16, 2024
PNB launches campaign to revive dormant accounts – Here’s how to reactivate your inoperative account Dormant or inoperative account refers to an account in which no customer induced transaction has been done for more than… 10 months ago
Panel to identify new set of bad loans for NARCL resolution The move will improve coordination among banks, and put resolution of stressed assets on the fast track. 10 months agoDecember 13, 2024
Good News! Retail inflation eases to 5.48% in November from 6.2% in October The drop in the November inflation numbers is primarily on the back of lower vegetable prices and drop in prices… 10 months agoDecember 12, 2024
Fintech firm Jar’s e-commerce bet takes off The company, which recently partnered with PhonePe to promote its core digital gold savings feature, is also exploring further partnerships… 10 months agoDecember 10, 2024
Explainer: What Banking Law Bill changes mean for banks & depositors One of the key changes proposed by the Bill is to allow bank account holders to nominate up to four… 10 months agoDecember 10, 2024
Sanjay Malhotra appointed new RBI Governor, to replace Shaktikanta Das Das had served as the RBI Governor since December 2018 and was reappointed in December 2021 for another three-year term. 10 months agoDecember 10, 2024
ITI Asset Management Company reaches Rs 10,000 crore AUM in five years Out of the total AUM of Rs 10,109.47 crores as on December 3,2024, it said, Rs 9,312.52 crore is in… 10 months ago
Financial services drive bulk of MobiKwik’s growth In FY24, MobiKwik’s financial services segment, including credit and insurance products, accounted for 64% of the company’s overall revenue, up… 10 months agoDecember 8, 2024
Small banks to benefit from MuleHunter.AI Developed by the Reserve Bank Innovation Hub (RBIH), MuleHunter.AI is an artificial intelligence and machine learning based model which helps… 10 months agoDecember 8, 2024
Will RBI governor Shaktikanta Das’ term be extended? Speculation after ‘courtesy’ visit with Finance Minister Shaktikanta Das has already served 6 years, and may get one more 10 months agoDecember 8, 2024
Higher interest cap may have muted impact on NRI capital India’s foreign exchange reserves have come down reduced from an all-time high of $705 billion as on September 27, 2024… 10 months agoDecember 6, 2024
Hike in collateral-free farm loans a boon to livestock sector The government has set an agri-credit disbursement target of a record Rs 27.5 lakh crore for commercial banks, cooperative banks… 10 months agoDecember 6, 2024
RBI MPC meet: Is the CRR cut more of a band-aid move for the economy? A detailed analysis The RBI MPC’s decision to reduce the cash reserve ratio (CRR) to 4 per cent from 4.5 per cent is… 10 months ago
RBI cracks down on digital frauds, introduces AI solution to identify mule bank accounts RBI launches MuleHunter.AI to combat digital fraud. Discover how it enhances bank security now! 10 months ago
Audit firms yet to meet many norms: NFRA Earlier, NFRA had said that during the inspection process, it plans to engage with audit committees and independent directors of… 10 months agoDecember 5, 2024
Explained: How is Cash Reserve Ratio related to inflation Here is a complete explanation of what is Cash Reserve Ratio and its role in tackling GDP, inflation. Find out… 10 months agoDecember 5, 2024
