Physical, digital financial services to co-exist in India: SBI chairman
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On the emergence of the co-lending model in India, he said it is an essential mechanism which was initially meant for establishing connections with the last mile
Rates on hold but RBI MPC gets battle ready for economy as Omicron looms
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Committee meeting kept policy stance accommodative as Jayanth Varma opposed, but the central bank later worked on raising money market rates through VRRR.
'Need to remain vigilant to incipient cost-push pressures to inflation as well as to uncertainty imparted by Omicron. Its implication for inflation, going forward, are two-fold,' says Shaktikanta Das
MPC minutes: Monetary policy set to get more challenging globally, says Das
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While the Indian economy is on its way to achieve the projected growth of 9.5% in 2021-22, there are still significant areas of concern, says RBI Governor
Rupee gains 11 paise to 75.48 against US dollar in early trade
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The rupee appreciated 11 paise to 75.48 against the US dollar in opening trade on Wednesday, tracking a positive trend in domestic equities.
However, rising crude prices in the international market and continued foreign fund outflows restricted the local uni
Indian Rupee jumps 31 paise to end at 75.59 against US dollar
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At the interbank forex market, the domestic unit opened strong at 75.74 against the greenback and witnessed an intra-day high of 75.41 and a low of 75.74 during the day's trade
As global funds shun India, rupee turns into worst currency in Asia
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The currency declined 2.2% this quarter as global funds pulled $4 billion of capital out of the country's stock market, the most among regional markets where data is available.
The EPFO provides provident fund, pension benefits to the members on their retirement and family pension & insurance benefits to their families in case of untimely death of the member
RBL Bank raises Rs 5.20-cr fund via CSR initiative for inclusive education
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RBL Bank on Monday said it had raised Rs 5.20 crore through a corporate social responsibility initiative focused on cycling in a bid to support education of underprivileged and special-needs children
The deadline for filing IT return is drawing close. Many wait till the last moment to finish the exercise, but that is not advisable. Find out the different categories of ITR forms that taxpayers fill
IFSCA sets up panel for creating framework for transfer of stressed loan
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The International Financial Services Centres Authority on Friday sets up a committee for creating a framework for transfer of stressed loans from domestic lenders to financial institutions in IFSC.
Two-day bank strike ends; banking operations hit across Maharashtra
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Banking operations across Maharashtra remained impacted for the second straight day on Friday as employees of state-run lenders continued their two-day strike against bank privatisation
Credit card users spent Rs 39,000 cr on digital payments in 2021: Report
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Expenditure on food and utility bills remained consistent during all months while food and beverages saw high spending after the lockdown restrictions were eased from July to October
Bank strike continues for second day, services hit at many places
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: Banking services across Tamil Nadu remained hit for the second day on Friday with employees union staging a protest against the proposed privatisation of nationalised banks by the government
Bank strike continues for second day; services across Bengal hit
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Banking operations in West Bengal were severely affected for the second consecutive day as lakhs of employees and officers of public sector lenders continued their nationwide strike