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2 mins read

Rupee rises 8 paise to 83.44 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.49 against the greenback.…

PTI   


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2 mins read

RBI allows banks to issue RuPay prepaid forex cards

By promoting electronic payments, RuPay aligns with the Reserve Bank of India's goal of fostering a…

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3 mins read

Banking issues hinder growth of exports through e-commerce: GTRI report

Banking issues like reluctance to process forex received through alternate channels and high proces…

PTI   


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6 mins read

New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact

A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…

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3 mins read

Hyderabad police busts Rs 903 crore Chinese investment fraud

Hyderabad police on Wednesday said that they had busted a Chinese investment fraud of Rs 903 crore …

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3 mins read

Axis Bank’s net profit grows 70% to ₹5,330 crore in Q2

Axis Bank, one of the leading private banks in the country, beat analyst expectations to report a 3…

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2 mins read

Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS

Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…

PTI   


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Indian equity markets fall for third consecutive day on selling in IT, banking stocks

Benchmark equity indices Sensex and Nifty ended lower on Wednesday, marking their third straight da…

PTI   


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4 mins read

Global stocks kick off 2021 with a vaccine-driven rally, while Bitcoin trades above $30,000 and gold gets a boost from the dollar

Global equities have started 2021 on a strong footing, boosted by vaccine optimism, but rising COVI…

Amanda Cooper   


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House of cards: Goldman Sachs cuts MSCI China's earnings growth to zero

Goldman Sachs has cut MSCI China index’s earnings forecast to zero as China’s housing bubble inches…

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5 mins read

RBI kept the rupee ‘exceptionally’ stable so far, and the tide could turn for the better say experts

The Indian rupee has hit new record lows against the US dollar this year, but experts are not fazed…

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3 mins read

Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank a/cs

The bank on Tuesday allowed inward IMPS and NEFT services to enable its customers to make payments…

PTI   


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This brand is airing ads made on PPT during IPL to convey the importance of saving money

The ad itself is focused on its target audience of upwardly mobile salaried millennials and working…

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Customers can access all banking services from Wed evening: Yes Bank

"Outward NEFT/IMPS/RTGS will resume from March 18, 2020, 18:00 hours. The limits for transactions …

PTI   


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1 min read

PhonePe says in talks to onboard more banking partners, to continue alliance with Yes Bank

Following the moratorium, Yes Bank faced restrictions, including caps on payments that impacted it…

PTI   


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Yes Bank says credit and loan payments can be made via other bank accounts

Crisis-hit Yes Bank said on Tuesday that customers could now make payments towards their credit car…

PTI   


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Yes Bank customers can pay credit bill, loan repayments through other bank accounts

Troubles at new-generation private sector started brewing up ever since the the Reserve Bank denie…

PTI   


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2 mins read

Working to restore all services, says Yes Bank administrator

In an exchange filing on Saturday, Yes Bank had said, "the administrator will consider and take on…

PTI   


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6 mins read

Union Budget 2017: Here are the highlights so far

Monetary policy to be expansionary in major economies More steps will be taken to benefit farmers a…

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3 mins read

How ICICI became the leader of mobile banking in India

According to RBI data, the bank has recorded transactions nearly worth Rs 16,000 crores, in f…