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Russia's largest bank says it has no problems transacting with India
Sanctioned Sberbank has managed to pivot to processing transactions in rubles and rupees.
Huileng Tan
Bajaj Housing Finance IPO booked over 4x on the second day. Should you jump aboard this ship?
While the allotment is expected to be finalised by September 12, the listing on NSE and BSE will t…
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
Rs 2,000 notes: 97.96% returned; Rs 7,261 crore worth notes still with public
The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices o…
PTI
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
Nine of top 10 valued firms add Rs 95,522 cr to market valuation; Reliance, TCS lead gainers
Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent…
PTI
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…
ANI
Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe
Increased usage of the internet has also resulted in an increase in online fraud. Scammers are find…
Here’s how a Reddit user was able to get an iPhone 16 at under ₹27,000
Credit cards are great if you use them correctly and pay your dues on time. They not only help you …
India provided more climate finance in 2022 than many rich nations, noted recent report
India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…
PTI
Sensex, Nifty tumble nearly 1.5% as bank stocks slump on weak Japanese markets
Equity benchmark indices tumbled nearly 1.5% on Monday due to heavy selling in frontline stocks Rel…
Attention, folks! Bank will remain closed on these days in October 2024
Here's a list of all , both nationwide and state-wise bank holidays you should know about so that y…
SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now
The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…
PTI
Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
Sensex, Nifty slump in early trade as Middle East conflict deepens
Equity benchmark indices Sensex and Nifty tanked in early trade on Thursday, dragged by a decline i…
Mcap of 8 of top-10 most valued firms erodes by Rs 1.66 lakh cr; Reliance, LIC biggest laggards
Last week, the BSE benchmark slumped 1,276.04 points or 1.57 per cent.