RBI’s new ATM transaction rules to come into effect from May 1: From new charges to revised limits – Here’s all you should know
Explained | What is National Financial Information Registry? Bill poised to be introduced in next Parliament session
HDFC Bank merger in 4-5 weeks; bank’s margin to drop, say analysts The bank expects NIM – a key profitability measure – to fall to 3.7%-3.8% in 2023-24 from 4.1% a year… By ReutersUpdated: May 25, 2023 14:18 IST
Bank of Maharashtra tops PSU lenders chart in profit and loan growth in FY23 The Pune-headquartered lender also recorded highest growth in profitability with bottomline growing almost 126 per cent to Rs 2,602 crore… By PTIMay 25, 2023 12:05 IST
Banking funds top charts, outperform other sectoral plans Among thematic funds, PSU funds returned 24.7% and consumption-oriented schemes clocked returns of 15.8% during the period. By Ashley CoutinhoMay 25, 2023 02:50 IST
Early warning signal framework to help standardise fraud reporting process in HFCs: Officials The National Housing Bank (NHB) in a circular on April 26 had asked housing finance companies (HFCs) to adopt the… By Piyush ShuklaMay 25, 2023 02:15 IST
Second day of Rs 2000 note exchange: Some bank branches run out of cash for swap Reserve Bank on May 19 announced withdrawal of Rs 2,000 notes and permitted exchange of such notes up to a… By PTIMay 24, 2023 19:09 IST
Rs 2,000 notes spur gold, realty sales A jeweller in Delhi’s posh Green Park area had to lower the shutters due to heavy client traffic on Monday.… By Biswajiban SharmaMay 24, 2023 05:35 IST
Kiwi: Revolutionising credit with UPI and RuPay cards By partnering with banks to issue RuPay Cards, Kiwi has become one of the first apps to offer customers the… By Salman SHMay 24, 2023 02:45 IST
Home financiers eye bigger affordable housing pie Experts attribute the strong demand in the affordable housing segment to various government initiatives aimed at ‘housing for all’. By Ajay RamanathanMay 24, 2023 01:30 IST
Withdrawal of Rs 2000 to have favourable impact on deposits, interest rates: SBI study The SBI’s research report ‘Ecowrap’ expects that almost the entire amount of Rs 3.6 lakh crore in the form of… By PTIMay 23, 2023 22:23 IST
Banks set for profit boost as RBI withdraws Rs 2000 note; Rs 2 trillion worth deposits expected by September The Reserve Bank of India’s move to withdraw the 2,000 rupees ($24) notes will lead to growth in deposits at… By BloombergMay 23, 2023 14:47 IST
ATMs stop dispensing Rs 2,000 notes, CRMs can still accept deposits About 10% of ATMs will have to be reconfigured By SurabhiMay 23, 2023 03:10 IST
April credit card spends fall 3.3% Nearly all major banks, except HDFC Bank, report fall. By Piyush ShuklaMay 23, 2023 02:50 IST
Digital lenders focus on portfolio quality In the current environment, more financial technology companies are likely to engage in co-lending arrangements with traditional lenders while well-capitalised… By Ajay RamanathanUpdated: May 23, 2023 12:17 IST
LIC Housing extending loan term to ease borrower burden The interest rate on home loans has risen sharply in recent months, with the Reserve Bank of India hiking the… By Ajay RamanathanMay 23, 2023 00:40 IST
‘Focus will be on recovery, reduction in NPAs to improve profitability’ Atul Kumar Goel, managing director and CEO of PNB, speaks about the bank’s strategy and said the lender has taken… By SurabhiMay 23, 2023 00:10 IST
Provide shade and water to those exchanging or depositing Rs 2,000 notes: RBI to banks It can be noted that during the note ban in 2016, there were allegations of customers dying while waiting in… By PTIUpdated: May 22, 2023 12:22 IST
Purpose of Rs 2000 notes fulfilled, was to quickly replenish old Rs 500, Rs 1000 notes, says RBI Guv Das “Rs 2,000 notes were primarily introduced to quickly replenish earlier Rs 500 and Rs 1,000 notes,” RBI Governor Shaktikanta Das… By Tanya KrishnaMay 22, 2023 11:38 IST
DBS sees annual profit to exceed S$10 billion in medium term Return-on-equity is expected to be in a range of 15% to 17%, Southeast Asia’s biggest lender said in an investor… By BloombergMay 22, 2023 09:51 IST
Delhi AQI today remains ‘very poor’; 14 areas record ‘severe’ pollution levels – Check area-wise list
Red Fort blast: Accused doctors raised ‘Rs 26 lakh’; turned chemicals, fertilisers into explosives – latest developments
Akhilesh Yadav seeks three-month extension of UP voter roll revision, flags large-scale irregularities
Who is Tatiana Schlossberg? JFK’s granddaughter says she has less than a year to live after terminal cancer diagnosis
