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Articles for Banking

Ministry Directs EPFO To Ensure UAN Activation For Employees Through Aadhaar-based OTP

he move is part of announcements made by the government in the Union Budget 2024-25 to ensure the benefits of the Employment Linked Incentive (ELI) Scheme go to the maximum number of employers and employees

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India In Much Better Situation To Manage Current Currency Challenges: BoB

It says, "Indian rupee is likely to remain under pressure in the near-term. This is due to two inter-related factors-FPI outflows and dollar strength"

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Rate Cut Unlikely Even In Feb, Inflation To Dip Jan Onwards: SBI Research

The analysis points out that several large states are facing high inflation, above the national average

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Nirmala Sitharaman Reviews Performance Of 10 RRBs Of Southern Region

Sitharaman has been reviewing the performance of RRBs across the country due to their crucial role in supporting the rural economy

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SBI's Net Profits Soar 28% In July-Sep Quarter

SME and retail personal advances loans registered year-on-year growth of 17.36 per cent and 12.32 per cent, respectively

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Trump Victory May Lead To Stronger Dollar: Report

The report predicts that the Reserve Bank of India (RBI) will largely maintain its focus on domestic economic factors rather than reacting to global shifts

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RBI Unlikely To Go For Immediate Rate Cut, Despite Inflation Likely To Cool: Report

While inflation and weak industrial activity weigh on the economy, there are positive signs in rural demand, driven by improved real wages for rural labourers in July and August 2024

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Amid Global Economic Crisis, RBI Hikes Its Gold Reserve To 855 MT

Additionally, 20.26 metric tonne of gold are maintained in the form of gold deposits, which are held to support liquidity and financial security

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