CBI arrests two directors of Bharat Papers

It was alleged that the accused in conspiracy with unknown officials of State Bank of India had cheated the Bank to...

'Jump in digital slowed down growth of currency in circulation'

Ghosh said as percentage of gross domestic product (GDP), CIC was now at 11.8 per cent, less than 12.1 per cent in...

SBI shares surge nearly 4% to record high of Rs 622 apiece

The lender posted a surge of 74 per cent in its net profit to Rs 13,264 crore for the quarter ended September,...

Customer protection lies at core of RBI's microfinance regulation

RBI Deputy Governor M. Rajeshwar Rao made the remarks while delivering the keynote address at the launch of MFIN's...

Cash with public up over 70 pc since demonetization

The currency with the public is now over 70 per cent higher than in comparison to that of the initial demonetization...

Factors that might influence markets, investors this week

Some of the factors that might influence the markets on Monday are policy rate hikes by US Federal Reserve, the Bank...

SBI posts 74 pc jump in profit, its highest quarterly profit

In the lender's statement, SBI said its net interest income grew 12.8 per cent to Rs 35,183 crore. Home loan...

RBI will have another round of rate hike of 50 basis point: PSB

Reserve Bank of India will hike the repo rate by 45 to 50 basis points, Punjab and Sind Bank Managing Director...

Indian forex reserves record highest weekly gains in one year

This marks the highest weekly gain since September 2021, the Reserve Bank of India's (RBI) weekly statistical...

RBI holds meeting to draft report on inflation mandate failure

The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to...

Indian stocks decline after another policy rate hike in US

Among the Nifty 50 stocks, Tech Mahindra, Hindalco, Wipro, Coal India, and Infosys were the top five losers,...

Inflation may fall below 6 per cent by Dec 2022: PHDCCI

The president of the industry body on Wednesday said calibrated efforts undertaken by the government and Reserve...