SBI moves SC seeking extension of time till June 30

The State Bank of India (SBI) has moved the Supreme Court seeking an extension of time till June 30 to submit...

Reserve Bank bars IIFL Finance from sanctioning new gold loans

The Reserve Bank of India has directed IIFL Finance Ltd. (the company) to stop sanctioning or disbursing gold loans...

80% of digital payments in India happens through UPI in India

The share of UPI in digital payments in India has reached close to 80 per cent in 2023, informed Reserve Bank of...

India surges ahead: Moody's boosts growth forecasts

The latest report from Moody's Analytics reveals promising forecasts for India's economic growth trajectory,...

India-Nepal enhance financial cooperation

Nepali Ambassador to India, Shankar Sharma, appreciated the new guidelines of the Reserve Bank of India, which...

NEFT records a high of over 4 crore single-day transactions

The National Electronic Funds Transfer (NEFT) system has achieved a milestone by processing over 4 crore...

India's foreign exchange reserves rose by USD 2.98 billion

India's foreign exchange reserves rose by USD 2.975 billion to USD 619.072 billion in the week that ended on...

97.6 pcs of Rs 2000 banknotes returned by Feb 29: RBI 

"The facility for deposit and/or exchange of the Rs 2000 banknotes was available at all bank branches in the country...

8.4 pc GDP growth in Q3 shows strength of Indian economy: PM Modi

Prime Minister Narendra Modi has said the robust 8.4 per cent GDP growth in the third quarter of 2023-24 shows...

Rajasthan's Sumerpur Mercantile Urban Coop Bank licence cancelled

The Reserve Bank of India (RBI) has cancelled the licence of Sumerpur Mercantile Urban Cooperative Bank Limited,...

RBI imposes monetary penalty on State Bank of India, Canara Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty on State Bank of India and Canara Bank under...

Paytm UPI handles can continue after migration to other banks

The Reserve Bank of India (RBI) on Friday directed the UPI watchdog, the National Payments Corporation of India...