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RBI
RBI cancels registration certificates of 8 NBFCs

Four NBFCs surrendered their certificates of registration to the RBI, the central bank said in a release.

October 13, 2022 07:30 IST
AU Small Finance Bank hikes FD rates by 60 bps

The increased rates have come to effect from October 10, 2022.

October 12, 2022 14:26 IST
Investment banking fees in India fall 23 pc to USD 668.4 mn in January-September: Report

Completed M&A advisory fees fell 17.8 per cent year-on-year to USD 252.1 million, while loan syndication fees declined 6.2 per…

October 12, 2022 11:08 IST
rbi
RBI issues consolidated guidelines on unhedged foreign currency exposure

These losses may reduce their capacity to service the loans taken from the banking system and increase their probability of…

October 11, 2022 19:59 IST
Healthcare AI advances rapidly in India
Hitonpay Lifecare launches payment gateway services

The company has launched its payment gateway services to provide a secure and PCI-compliant way to accept payments.

October 11, 2022 08:37 IST
Incremental credit
Incremental credit at 13-year high in August: Report

Housing loans, with a share of 49.0% within retail, grew 16.4% in August, compared with 11.6% in the year-ago period.

Updated: October 11, 2022 03:22 IST
internet market, digitalisation, digitalization, internet in india
Embedded Finance: Amplifying consumer experience via banking-as-a-service

With the onset of the digital era, the evolution of embedded finance gradually transformed what we as consumers now see…

October 10, 2022 19:55 IST
Does the NIFTY 50 Index movement influence your investment decision?

There are many sectors and new age economy sectors which are not part of the index but are showing strong…

Updated: October 9, 2022 09:40 IST
Credit Suisse loses Asia deputy wealth head as departures mount

The Swiss lender, contending with a near-record low share price, is facing an erosion of talent in Asia. Five private…

October 5, 2022 13:48 IST
State-run lenders may seek higher prudence for RRBs

The RRBs have 283 million depositors and 26 million borrowers. About 30 of the 43 RRBs collectively earned a net…

October 4, 2022 06:25 IST
rbi
Further rate hike to hit real estate sector badly: Credai

A host of lenders such as State bank of India and Bank of India hiked lending rates following RBI’s move.

October 2, 2022 21:24 IST
Offline payment aggregators to be under same regulations as online players, RBI Guv Shaktikanta Das says

The announcement by the RBI mentioned the importance of the role of payment aggregators in establishing a healthy payment ecosystem.…

Updated: September 30, 2022 14:59 IST
RBI
RBI set for fourth straight rate hike to quell inflation, say experts

The RBI Governor-headed Monetary Policy Committee (MPC) is scheduled to start its three-day deliberations on Wednesday.

September 25, 2022 16:04 IST
Banks must ensure their systems speak to each other for better service to customers: FM
Banks must ensure their systems speak to each other for better service to customers: FM 

The minister also appreciated the critical role banks played during Covid pandemic in helping the wheels of the economy moving,…

September 16, 2022 21:49 IST
RTI disclosure of sensitive info will breach right to privacy: Banks tell SC

A Bench led by Justice BR Gavai after a detailed hearing on the bank’s stand reserved its judgment on the…

September 14, 2022 00:20 IST
SBI Clerk recruitment 2022 | SBI Clerk Notification 2022 | SBI Clerk recruitment 2022 Updates | State Bank of India (SBI) |
SBI Clerk recruitment 2022: More than 5000 vacancies announced for Junior Associate Posts, Apply Online at sbi.co.in

These vacancies will be filled in the SBI’s Offices located in Ahmedabad, Bangalore, Bhopal, Bengal, Bhubaneswar, Chandigarh, Chennai, Delhi, Hyderabad,…

Updated: September 7, 2022 15:29 IST
Report on merger talks with Kotak Mahindra Bank speculative: Federal Bank

Shares of Federal Bank jumped nearly 7% to hit a 52-week high level of Rs 129.70 per share on the…

September 6, 2022 00:05 IST
TamilNad Mercantile Bank IPO, ipo news
Tamilnad Mercantile Bank Rs 860-crore IPO opens for subscription today, GMP falls; should you apply?

Tamilnad Mercantile Bank’s IPO opened for subscription today (5 September), at a price band of Rs 500-525 apiece. The public…

Updated: September 5, 2022 10:32 IST
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Thane, Mumbai, Roadways, Airoli–Katai Naka flyover, MMRDA
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Hyundai Motor Group to invest $15.5 billion in India by 2032
Hyundai Motor Group to invest $15.5 billion in India by 2032
Business

Hyundai Motor Group will invest $15.5 billion in India from 2026 to 2032 to expand Hyundai and Kia manufacturing, strengthen local R&D and suppliers, and develop electric-vehicle charging, recycling and other mobility businesses. About $700 million is earmarked for R&D.

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