ED's Chandigarh Zonal Office arrested Sunil Kumar Bansal and Ram Niwas, the two former officials of HSVP on June 9 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in the case of misappropriation of public funds in HSVP bank accounts.
The "Validated UPI Handles" and "SEBI Check" will enhance Investor Protection and Combat deepfakes and cyber frauds. Investors can check on 'SEBI Sheck" whether a UPI handle or bank account is registered or not before making any payment.
Bengaluru (Karnataka) [India], June 11: Jana Small Finance Bank (Jana SFB), one of India's leading small finance banks, is pleased to announce that it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a Universal Bank.
The Indian banking and financial services industry (BFSI) is currently experiencing a dynamic period characterised by moderate credit growth expectations alongside evolving profitability pressures, according to a report by Boston Consulting Group (BCG).
Non-Banking Financial Companies (NBFCs) have significantly outpaced commercial banks in credit growth during Fiscal Year 2025, according to a report by Boston Consulting Group (BCG).
This year, the Reserve Bank of India (RBI) slashed policy rates by 100 basis points and cut CRR by 100 basis points, thereby injecting significant liquidity into the financial system.
Speaking to ANI, Harsh Sanghavi said, "The Jagannath Rath Yatra is a huge centre of devotion for the people of Gujarat. Lakhs of people join the yatra. Today, the Jal yatra will be carried out on the bank of the Sabarmati as part of the rituals that are performed ahead of Rath Yatra."
"The recent standstill in tourism has severely impacted local businesses in Pahalgam, with hotel owners, shopkeepers, taxi owners, and horse owners struggling to repay bank loans. To address this, local leaders are urging the government and Shrine Board to support the Amarnath Yatra, which c
The Reserve Bank of India (RBI) has announced the re-issue of sovereign green bonds (SGrBs) as part of the upcoming government securities (G-Secs) auction scheduled for June 13, 2025.