The Reserve Bank of India (RBI) has issued a circular expressing significant concerns regarding the practices surrounding gold loans provided through partnerships with fintech companies and business correspondents
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Rising deposits mark 7.3 per cent growth compared to December 2023, outpacing 6.8 per cent credit growth
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By stepping up as leaders in financial education, banks can play a pivotal role in shaping India’s financial future
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As the factors affecting the rural demand have turned positive, the fast-moving consumer goods (FMCG) sector is getting realigned with the mainstream growth trajectory
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The cash in circulation in value terms has shot up over 100 per cent standing at Rs 34.70 lakh crore, as of 6 September 2024
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As the country has registered a relative dip in the consumer price index (CPI) inflation in the past two months, there are concerns regarding the fading of favourable base effect going ahead
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The banks have raised concerns that the norms, to be enforced in April next year, are likely to put pressure on the liquidity coverage ratios (LCR)
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It has imposed a monetary penalty of Rs 5 lakh on Godrej Housing Finance, Rs 5 lakh on Aadhar Housing Finance, and Rs 3.5 lakh on Housing and Urban Development Corporation
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Reserve Bank of India (RBI) Governor Shaktikanta Das attributed Q1 dip to a temporary reduction in government spending due to the Lok Sabha elections
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The apex bank decided to withdraw the Rs 2000 denomination banknotes on 19 May 2023, when the total value of such banknotes was Rs 3.56 lakh at the close of business on that date
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