Indian stock indices gain on Monday, Nifty above 23,300 points Mumbai, January 20: Domestic stock markets on Monday ended on strong note led by traction seen in the financial and banking sectors....
RBI introduces revised framework for ARC-borrower settlements Mumbai, January 20: The Reserve Bank of India (RBI) has issued revised guidelines for the settlement of dues payable by borrowers to Asset Reconstruction Companies (ARCs) on Monday (January 20), and t...
RBI steps to boost liquidity in banking system are smart, pragmatic: SBI Mumbai, Jan 20: More changes in the RBI Liquidity Management Framework are likely after the daily dynamic VRR has been taken as the first step to manage liquidity in the banking system, according to a...
RBI may revise liquidity management framework, introduce longer-term buy-sell swaps: SBI Mumbai, January 20: The Reserve Bank of India (RBI) is likely to announce significant changes to its Liquidity Management Framework (LMF), according to a report by the State Bank of India (SBI)....
HSBC India gets RBI nod to open 20 new bank branches in key cities Mumbai, Jan 17: HSBC India on Thursday announced that it has received approval from the Reserve Bank of India (RBI) to open 20 new bank branches in key cities....
RBI eases FEMA rules to boost rupee payments in cross-border deals Mumbai, Jan 16: The Reserve Bank of India (RBI) on Thursday announced the issuing of revised Federal Emergency Management Agency (FEMA) regulations to permit more liberal use of INR accounts held by N...
Secretary Department of Financial Services chairs review meeting today New Delhi, January 15: M Nagaraju, Secretary, Department of Financial Services, Ministry of Finance, chaired a review meeting with heads of Public Sector Banks and MD and CEOs and senior officers of P...
Kazakhstan introduces new financial rules against illegal activities Almaty, Jan 15: Kazakhstan's Agency for Regulation and Development of the Financial Market has introduced a series of new rules against drug trafficking, illicit circulation of digital assets and othe...
3 Indian banks among top 25 global banks by market cap, ICICI standout performer New Delhi, Jan 14: Three Indian banks -- HDFC Bank, ICICI Bank, and the State Bank of India (SBI) -- ended the fourth quarter (Q4) of 2024 at the 13th, 19th, and 24th spots in the top 25 global banks ...
Small Finance Banks' growth to moderate to 18-20 pc in FY2025: Report Mumbai, January 14: After experiencing robust growth in FY2023 and FY2024, small finance banks (SFBs) are likely to see a moderation in growth to 18-20 per cent in FY2025, down from 24 per cent in FY2...
Growth of small finance banks in India projected to reach 20-23 pc in FY26 New Delhi, Jan 14: The growth of small finance banks (SFBs) in the country is set to reach 20-23 per cent in FY26 from 18-20 per cent in FY25, a report showed on Tuesday....
Banks hike interest rates on FDs amid fierce competition for deposits Mumbai, Jan 14: Banks have started offering higher returns on FDs amid fierce competition to raise more deposits. While leading banks such as SBI and HDFC were the first to raise interest rates on FDs...
Bank of Baroda to provide AI-driven support, forex facility, ATMs, and coin vending machines for Maha Kumbh 2025 Prayagraj, January 12: As the Maha Kumbh Mela 2025 sets the stage for the world's largest public gathering, Bank of Baroda (BoB) has announced setting up AI-driven customer support, full-fledged branc...
2025 likely to be another record-breaking year for IPOs in India New Delhi, Jan 11: Driven by strong fundamentals and resilient economy, the Indian equity markets are likely to see another record-breaking year for initial public offerings (IPOs), according to repor...
Explainer: All you need to know about floating interest rate on EMI-based personal loans Mumbai, Jan 10: The RBI on Friday issued a set of FAQs to clarify its circular on 'Reset of Floating Interest Rate on Equated Monthly Instalments (EMI) based Personal Loans' and provide a better under...
RBI allows Asirvad, DMI Finance to resume lending operations Mumbai, Jan 8: The Reserve Bank has lifted its ban on the 'sanction and disbursal of loans' by Asirvad Micro Finance and DMI Finance Pvt Ltd, in a big relief to the two microfinance companies, accordi...
India's securitisation volume surges 27 pc in 9 months driven by private banks Mumbai, Jan 8: Securitisation volume surged by around 27 per cent year-on-year to Rs 1.78 lakh crore in the first nine months of the current financial year, supported by large issuances from private s...
Average affluent Indian managing over 434 peer-to-peer banking transactions annually New Delhi, Jan 7: The financial activities among the affluent class in the country is experiencing unprecedented levels, with the median individual managing over 434 peer-to-peer banking transactions ...
RBI announces results of its Hackathon 2024; check award winners Mumbai, January 7: The Reserve Bank of India (RBI) has announced the results of the third edition of its Global Hackathon - HaRBInger 2024....
RBI purchased another 8 tonnes of gold in Nov as safe-haven asset Mumbai, Jan 7: The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53 tonn...
Securitisation volume in India estimated at Rs 68,000 cr in Q3 FY25: ICRA Mumbai, Jan 4: The securitisation volumes in India are estimated at Rs 68,000 crore for the October-December period this fiscal (Q3 FY25), according to latest data by credit rating agency ICRA....
Indian banks to see range-bound 12.5% credit growth in 2024-25: HSBC New Delhi, January 3: Credit growth of Indian banks are expected to witness a range-bound 12.5 per cent growth in the current financial year 2025, HSBC Global Research said in a report, attaching a ri...
RBI may reduce policy rates by 50 basis points in the first half of 2025: Jefferies New Delhi, January 3: The Reserve Bank of India (RBI) is likely to cut policy rates by 50 basis points (bps) in the first half of 2025, says a report by Jefferies....
India's banking credit growth to remain subdued in FY2026, lowered forecast: ICRA New Delhi, January 2: Credit rating agency ICRA has lowered its banking credit growth estimate for FY2025 to 10.5-11.0 per cent, down from its previous forecast of 11.6-12.5 per cent....
