Search For "bank"
UP: PM Modi releases 20th instalment of PM Kisan Samman Nidhi, transferrin
Updated : 7 months, 1 week ago IST
The PM-KISAN scheme is a central sector scheme launched in February 2019 by the Prime Minister to supplement the financial needs of land-holding farmers. Under the scheme, a financial benefit of Rs 6,000 per year is transferred in three equal instalments into the Aadhaar-linked bank accou
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RBI may announce 25 bps rate cut in August to boost credit growth ahead of
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7, according to a report by the State Bank of India (SBI).
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IDBI Bank disinvestment: Financial bids expected in Q3, winner selection b
Updated : 7 months, 1 week ago IST
The government expects to invite financial bids for IDBI Bank disinvestment in the third quarter of the current financial year, with the selection of the winning bidder likely by the end of 2025-26, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said
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Fake bank guarantee racket: ED raids four places in Odisha, West Bengal
Updated : 7 months, 1 week ago IST
The ED is conducting raids at three locations in Bhubaneswar (Odisha), and one in Kolkata (West Bengal), as part of a money laundering investigation. The action is based on an Enforcement Case Information Report (ECIR) registered by the ED, following a case filed by the Economic Offences Win
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CBI secures deportation of fugitive Udit Khullar from UAE wanted in Rs 4.5
Updated : 7 months, 1 week ago IST
The Central Bureau of Investigation (CBI) successfully facilitated the return of fugitive Udit Khullar from the UAE via INTERPOL coordination. Khullar, wanted by Delhi Police in a case involving criminal conspiracy and forgery related to fraudulent home loans worth Rs 4.55 crore, was depo
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India's services exports rise 12% in June 2025, imports 5%: RBI
Updated : 7 months, 1 week ago IST
India's international trade in services showed notable momentum in June 2025, with both exports and imports registering year-on-year growth, according to data released by the Reserve Bank of India (RBI).
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US household bills will increase by USD 2400 annually due to Trump's tarif
Updated : 7 months, 1 week ago IST
The new tariffs imposed by the United States are expected to significantly impact American households, with average bills likely to rise by around USD 2,400 in the short term due to inflation driven by these tariffs, according to a research report by the State Bank of India (SBI).
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Non-food bank credits dip to 10.2% in June 2025 vs 13.8% YoY: RBI
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) has released sectoral data on the deployment of bank credit, showing a year-on-year (y-o-y) growth of 10.2 per cent in non-food credit as of June 27, 2025. This marks a decline from the 13.8 per cent growth recorded during the same fortnight a year earlier.
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PSBs outperform private banks in credit growth 11% Vs 8.1% in Q1FY26: Care
Updated : 7 months, 1 week ago IST
Public Sector banks (PSBs) performed better than Private sector banks (PVBs), PSBs credit rate growth was 11 per cent as compared to 8.1 per cent of PVBs in Q1 of the Financial Year, according to a report by CareEdge.
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ED summons Anil Ambani in Rs 17,000-crore loan fraud case on August 5
Updated : 7 months, 1 week ago IST
The Enforcement Directorate (ED) has summoned industrialist Anil Ambani for questioning in connection with an ongoing investigation into an alleged Rs 17,000-crore loan fraud case, official sources said on Friday.
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Rupee may depreciate to 88.5 per USD amid fresh US tariffs: Report
Updated : 7 months, 1 week ago IST
The Indian Rupee is likely to weaken further to 88.5 per U.S. dollar following the imposition of fresh tariffs by U.S. President Donald Trump, according to a report by ICICI Bank.
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US Fed rate cut chances increase, 25 bps cut likely in September: ICICI Ba
Updated : 7 months, 1 week ago IST
The likelihood of a 25 basis points rate cut by the US Federal Reserve in September has increased, but the final decision will depend on upcoming economic data, according to a recent report by ICICI Bank.
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