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2 mins read
Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high
The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …
ANI
1 min read
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
2 mins read
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…
3 mins read
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…
2 mins read
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
3 mins read
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…
3 mins read
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
2 mins read
52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance
About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…
ANI
2 mins read
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…
2 mins read
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
2 mins read
High food prices raise concerns but improved monsoon offers hope for RBI: SBI report
Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…
ANI
3 mins read
Bill to provide up to four nominees to a bank account introduced in Lok Sabha
Another proposed change relates to redefining 'substantial interest' for directorships, which could…
PTI
2 mins read
After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit
The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…
ANI
2 mins read
Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report
India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …
ANI
1 min read
Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally
Equity benchmark indices Sensex and Nifty shot up nearly 1 per cent on Thursday, driven by buying i…
PTI
2 mins read
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
2 mins read
Sensex revists 82,000-level as RBI changes monetary policy stance to 'neutral'
Benchmark BSE Sensex jumped over 550 points to revisit the 82,000-level in morning trade on Wednesd…
PTI
3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
2 mins read
Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues
Mumbai's Sensex and Nifty indices fell for the sixth consecutive session, influenced by significant…
PTI
1 min read
Sensex, Nifty pare early gains, trade lower in the afternoon trade
The NSE Nifty also slumped 191.65 points to 24,822.95. The benchmark hit an intra-day high of 2…