RBI said that it will conduct OMO purchase auctions of Rs 50,000 crore each in two tranches on December 11…
On the deposit side, the weighted average domestic term deposit rate on fresh deposits has declined by 105 bps, while…
“Our evaluation framework remains founder-first. About 70% of our decision-making centres on the founder’s conviction, adaptability and depth of understanding,”…
The RBI also proposed that credit information companies implement uniform data acceptance validation rules to reduce instances of data rejection.…
The bank is also building financial links for Russian investors, having launched an instrument allowing retail investors in Russia to…
As of September 2025, Ujjivan offers gold loans through 326 branches, with 37% located in the South, followed by the…
RBI’s current dilemma in defending the rupee at the 90-mark stems from multiple intertwined factors.
The MPC’s decision on Friday will be closely watched as a signal of whether the RBI chooses to anchor stability…
RBI has reaffirmed SBI, HDFC Bank and ICICI Bank as D-SIBs, requiring them to hold higher CET1 buffers due to…
Experts observe that with the rate reductions for savings accounts, already factored in, the benefit from term deposit re-pricing is…
The government has ruled out raising the FDI limit in public sector banks to 49%, maintaining the cap at 20%.…
The strategy will be implemented through 47 action points distributed across regulators — RBI, Sebi, Irdai and PFRDA — and…
Swaminathan also emphasised the customer service. Though technology has helped banks to reach out to customers better, basic expectations of…
Experts believe that things will start improving hereon, but days of keeping ‘lazy money’ with banks may be over.
Immediate Payment Service (IMPS) volumes declined to 369 million from 404 million in October. On a yearly basis, the volume…
The CASA compression seen across the system in the last 8–10 quarters has been broad-based, mainly driven by the rate…
Agricultural credit in India is projected to exceed a record ₹32.5 lakh crore in FY26, primarily extended by commercial and…
9,445 circulars give way to 244 master directions