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Higher risk buffers by RBI strengthen its balance sheet, support India's m
Updated : 9 months, 3 weeks ago IST
The Reserve Bank of India's (RBI) decision to maintain higher risk buffers is expected to strengthen its balance sheet and support India's macroeconomic fundamentals, especially at a time when global oil prices are expected to remain benign, according to a recent report by ICICI Bank.
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CBI raids premises of IRS officer; recovers gold, silver, cash in bribery
Updated : 9 months, 3 weeks ago IST
The searches by the CBI led to the recovery of substantial assets and incriminating materials, including documents related to a bank locker and 25 bank accounts with various banks. The officials also recovered papers linked to immovable assets and properties in Delhi, Mumbai, and Punjab.
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98.26% of Rs 2000 banknotes back with RBI
Updated : 9 months, 3 weeks ago IST
The Reserve Bank of India (RBI) on Monday released an update on the withdrawal of Rs 2000 denomination banknotes, which was initially announced on May 19, 2023. The update stated that 98.26 per cent of the Rs 2000 banknotes in circulation as of the announcement date have been returned.
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Supra Pacific Reports Strong Financial Performance for Q4 and FY 2024-25
Updated : 9 months, 3 weeks ago IST
New Delhi [India], June 2: Supra Pacific Financial Services Limited, a BSE-listed [Scrip code 540168] Non-Banking Financial Company, has announced its audited financial results for the fourth quarter and financial year ended March 31, 2025, reflecting robust growth across key financial param
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Deakin University GIFT City Campus announces first successful placement cy
Updated : 9 months, 3 weeks ago IST
Gandhinagar (Gujarat) [India], June 2: Deakin University's GIFT City campus has successfully concluded its first-ever placement cycle on 30 May 2025, in collaboration with the NAB Innovation Centre, India, marking a historic milestone for both the university and India's higher education sect
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Bank deposits grew by 10% in FY25, growth decline from 13% recorded in FY2
Updated : 9 months, 3 weeks ago IST
The growth of bank deposits in India slowed down to 10.6 per cent year-on-year in the financial year ended March 2025 as compared to 13 per cent in the previous fiscal, according to new data released by the Reserve Bank of India (RBI).
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RBI likely to reduce repo rates by 50 bps on June 6 to support growth: SBI
Updated : 9 months, 3 weeks ago IST
The Reserve Bank of India (RBI) is expected to announce a 50 basis points (bps) cut in the repo rate in its upcoming monetary policy announcement on June 6, according to a report by the State Bank of India (SBI).
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ADB President announces $10 billion for India's urban infrastructure
Updated : 9 months, 3 weeks ago IST
Asian Development Bank (ADB) President Masato Kanda has committed up to USD 10 billion, including third-party capital for India's urban transformation -- including metro extensions, new regional rapid transit system (RRTS) corridors, and urban infrastructure and services.
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India's forex reserves jump about $7 billion in week ending May 23
Updated : 9 months, 3 weeks ago IST
India's foreign exchange reserves (forex) jumped USD 6.992 billion to USD 692.721 billion in the week ending May 23, official data released by the Reserve Bank of India (RBI) showed.
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"Action is only taken against Sanatanis...": BJP's Suvendu Adhikari over a
Updated : 9 months, 3 weeks ago IST
Speaking to reporters, the BJP leader said, "The action is only taken against Sanatanis. Everyone here has a licence to abuse Sanatana... This is appeasement politics. A certain community is their vote bank and this is for appeasement. Mahua Moitra used derogatory language against Goddess
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Chandigarh University Uttar Pradesh to Play Key Role in FinTech & Bank
Updated : 9 months, 3 weeks ago IST
Lucknow (Uttar Pradesh) [India], May 31: The Faculty of Business and Commerce at Chandigarh University, Uttar Pradesh organised a panel discussion focused on India's transformation through education and its goal to become a $7 trillion economy by 2030. The event witnessed participation from
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ED conducts multi-city searches against former Punjab and Sind Bank office
Updated : 9 months, 3 weeks ago IST
The ED case, filed under the provisions of the Prevention of Money Laundering Act (PMLA), stems from a CBI FIR. It is alleged that the fraud took place in 2021-22.
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