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2 mins read

Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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1 min read

Paytm shares jump 6.50 pc on getting NPCI nod to onboard new UPI users

Shares of One97 Communications rose over 6% after NPCI approved Paytm to onboard new UPI users, adh…

PTI   


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2 mins read

RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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4 mins read

Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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3 mins read

RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes

The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…

ANI   


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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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2 mins read

Cash-logistics company Radiant Cash Management raises ₹116 crore from anchor investors

Radiant Cash Management Services Limited (RCMS), an integrated cash logistics company in India has …

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2 mins read

Adani Enterprises withdraws RHP, cancels agreements with several parties

Adani Enterprises Ltd - the flagship company of the Adani Group - on Thursday said it is withdrawin…

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Yes Bank shares tumble after rallying 26% in the last five days – analysts recommend caution

Global brokerage firm Morgan Stanley initiated coverage of Yes Bank, giving it an ‘underweight’ rat…

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2 mins read

Banks should pass reasoned orders while declaring entity/person wilful defaulter: HC

The Bombay High Court has said banks and financial institutions should pass reasoned orders before …

PTI   


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1 min read

ED issues notice to Pune businessman in Yes Bank-DHFL fraud case

In 2018, Bhosale had received around Rs 68.82 crore from DHFL and called it consultancy charges. Th…

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3 mins read

Lakshmi Vilas Bank under moratorium— RBI caps maximum deposit or withdrawal at ₹25,000

The Centre issued the moratorium notification under Section 45 (2) of the Banking Regulation Act…

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3 mins read

₹2,000 note withdrawal – How to exchange them, is it a legal tender and other questions answered

The Reserve Bank of India (RBI) last week announced that it is withdrawing the ₹2,000 notes from ci…

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2 mins read

UPI in 2024 – Five rule changes that you need to know

The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…

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3 mins read

Yes Bank share price nose dives 72% after RBI limits withdrawals

Currently, Yes Bank is trading at ₹15.40 — having lost over half its value since yesterday. T…

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1 min read

Moody's withdraws rating of Kalyan Jewellers

Credit rating agency Moody's Investors Service on Tuesday said it has withdrawn Kalyan Jewellers In…