The RBI hiked its key policy rate by 250 basis points (bps) in the previous financial year, but surprised markets with a pause in April, going against expectations of a 25 bps hike
Read MoreThe bank expects NIM – a key profitability measure – to fall to 3.7-3.8 per cent in 2023-24 from 4.1 per cent a year ago due to the merger, Nomura analysts wrote in a report
Read MoreShares of Life Insurance Corporation of India (LIC), the insurance giant, witnessed a nearly 4 per cent increase to Rs 615.6 in Thursday's intraday trading on the BSE
Read MoreIndia has been witnessing new milestones which indicate the robustness of our payment ecosystem and acceptance by a wide stratum of consumers, says SBI report
Read MoreThe RBI Governor Shaktikanta Das inaugurated the conference. 'Governance in Banks - Driving Sustainable Growth and Stability' was the theme of the conference
Read More“The Governor also emphasized the need for banks to ensure continued financial and operational resilience,” according to a statement from the RBI
Read MoreThere has been some speculation that the decision to withdraw Rs 2000 note may put a strain on the overall money supply
Read MoreHe highlights that the highest denomination currency as a percentage of per capita GDP is significantly lower in developed countries
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