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Articles for Banking & Finance

Tata AIA Life Introduces Midcap Momentum Index Fund

Tata AIA Life has introduced the Midcap Momentum Index Fund, aimed at capitalizing on India's significant economic growth

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Bitcoin Boom Incoming? Crypto Users Predict 80% Rise By Year's End

Investors are moving their Bitcoin exchanges into personal wallets. This simply indicates bullish sentiment, according to the report

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Indian Rupee To Appreciate Marginally During FY25 To Around 82 Levels: Report

According to the report, the Reserve Bank of India (RBI) interventions are expected to limit any rupee volatility

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UPI Records 14 Bn Transactions In May

According to data released by NPCI, the value of transactions conducted through UPI also witnessed a rise, reaching Rs 20.45 lakh crore in May compared to Rs 19.64 lakh crore in April

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Tainted Promoters Misusing ARCs: RBI Deputy Governor

M. Rajeshwar Rao's comments were part of his keynote address at a conference on "Governance in ARCs – Towards Effective Resolutions"

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SC To Decide On Forced Mergers Of District Co-op Banks With State Co-op Banks

The Single Bench had affirmed the amendments to the Kerala Cooperative Societies Act, 1969, and supported the Registrar of Cooperative Societies' order for the compulsory amalgamation of district cooperative banks with state cooperative banks

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Edelweiss Rural & Corporate Services Received Rs 2.61 Cr Tax Notice

The company stated that the notice, received on 31 May 2024, pertains to the assessment year 2016-17 and includes certain disallowances.

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RBI Working To Expand UPI In 20 Countries By 2028-29: RBI Annual Report

The RBI report further adds "Fast Payment System (FPS) collaboration with group of countries like EU and SAARC, as well as multilateral linkages will be explored".

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