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3 mins read
India's exports rise in 115 nations out of 238 destinations in 2023-24: Govt data
India's exports have increased to as many as 115 countries out of the total 238 destinations during…
PTI
2 mins read
Did you know the RBI Ombudsman received 68% more complaints in FY2023? Here’s how to file your grievance
Recently, the Reserve Bank of India (RBI) reported that the complaints to the Ombudsman have gone u…
1 min read
RBI imposes penalties on nine cooperative banks for violating compliances
Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The …
ANI
1 min read
No ED investigation either against company or CEO, says Paytm
, The Enforcement Directorate is neither investigating One97 Communications, owner of Paytm brand, …
PTI
1 min read
RBI, Bank Indonesia sign pact to promote use of local currencies for bilateral trade
The Reserve Bank of India and Bank Indonesia (BI) on Thursday signed a Memorandum of Understanding …
PTI
3 mins read
RBI curbs: JM Financial says 'no material deficiencies in loan sanctioning process'
JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order i…
PTI
3 mins read
Chanda Kochhar, her husband's arrest in loan fraud case amounts to abuse of power by CBI: HC
The arrest of ICICI Bank's former Managing Director and Chief Executive Officer (CEO) Chanda Kochha…
PTI
2 mins read
RBI cancels licence of Laxmi Co-operative Bank, Solapur
The Reserve Bank of India (RBI) on Thursday cancelled the licence of The Laxmi Co-operative Bank Lt…
1 min read
China is merging hundreds of small banks to fend off financial stress
2,100 banks could be affected as China looks to curb the bad loan environment of its rural communit…
Filip De Mott
3 mins read
India tops global remittance charts at $125 billion in 2023: World Bank report
According to the World Bank, the report highlights India's significant position as the top remittan…
ANI
3 mins read
Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh
The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…
2 mins read
RBI cancels license of Pune-based Rupee Cooperative Bank, says 99% depositors will receive full refund
Interestingly, in its order, RBI outlined that the continuance of Rupee Cooperative Bank wou…
2 mins read
Kerala Coop bank fraud: High Court allows only emergency payments
The Kerala High Court on Tuesday directed the scam-tainted coop bank to stop all payments barring t…
1 min read
RBI cancels licence of Pune-based The Seva Vikas Co-op Bank
"The bank does not have adequate capital and earning prospects," the RBI said. It also stated that …
PTI
1 min read
The Chinese billionaire CEO whose disappearance rocked his bank's stock is 'cooperating' with a government probe, his firm says
Rock star dealmaker Bao Fan is "cooperating in an investigation", according to his firm China Renai…
Zinya Salfiti
2 mins read
IMF MD spells out policy priorities for shock-prone world
In a world marked by severe shocks, slow growth, and economic fragmentation, IMF Managing Director …
ANI
6 mins read
Rate cuts are likely coming next year, but investors shouldn't bank on them saving the market
Interest rate cuts seem likely to come in the first half of next year, but that might not be a huge…
Dan DeFrancesco
6 mins read
Rate cuts are likely coming next year, but investors shouldn't bank on them saving the market
Interest rate cuts seem likely to come in the first half of next year, but that might not be a huge…
Dan DeFrancesco
3 mins read
Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance
RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross n…
PTI
2 mins read
'G20 nations agree on framework for regulation of crypto assets': Sources
Crypto common framework may emerge as one of the major achievements of India's presidency of G20, w…