Despite not succeeding in sending the inflation `elephant’ back to the jungles, he was able to resist the rate cut…
One of the key changes proposed by the Bill is to allow bank account holders to nominate up to four…
Developed by the Reserve Bank Innovation Hub (RBIH), MuleHunter.AI is an artificial intelligence and machine learning based model which helps…
Shaktikanta Das has already served 6 years, and may get one more
As per the current norms, a savings or current account is classified inoperative if there is no transaction carried out…
Fund managers believe that the RBI is likely to change both its growth and inflation projections in the Monetary Policy.
Last year, outstanding credit grew from Rs 133 lakh crore at the start of January last year to Rs 155.7…
In a statement, Navi Finserv said that it has worked to address identified deficiencies, and revamp its processes and systems,…
Rise in CPI inflation to make central bank cautious: Economists
The convergence in deposit and credit was seen in the previous fortnight as credit grew by 11.9% and deposits increased…
Established in 2002, Arcil is the country’s first ARC to commence the business of the resolution of stressed assets upon…
According to the officials, banks have already automated the transfer process by posting vacancy-related data on portals.
The current PLI scheme covers only Grade 4 and above officials, excluding those in Grades 1 to 3. Of the…
Infrastructure bonds have a tenor of at least seven years and the proceeds are utilised by banks to fund long-term…
Bonds of longer-dated maturities have fallen around 5% in two sessions and trade just below 80 cents. Analysts said the…
The governor said that resilient growth has given the central bank the space to focus on inflation to ensure its…
Higher non-interest income, improved recovery from bad loans, lower provisioning costs and improvement in asset quality have also helped lenders…
Currently, UPI is available in seven countries — France, the UAE, Singapore, Bhutan, Sri Lanka, Mauritius and Nepal.
