Search For "bank"
BRISKPE Secures RBI's In-Principle Authorisation to Operate as PA-CB for E
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 19: BRISKPE, a Prosus-backed cross-border payments platform, has reached a major milestone by securing the Reserve Bank of India's (RBI) in-principle Payment Aggregator - Cross Border (PA-CB) authorisation. The authorisation enables BRISKPE to operate as a
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Feb trade surplus suggests a sharp downside risk to India's current accoun
Updated : 1 year ago IST
India's current account deficit is likely to see a sharp downside risk for FY25 GDP, as seen in the sharp positive surprise in February trade data according to a report by the Union Bank of India (UBI). India's trade deficit for February 2025 has seen a rare surplus of USD 4.4 billion. Read More
Delhi's peak power demand may touch 9000 MW this Summer, BSES gears up for
Updated : 1 year ago IST
BSES discoms--BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL)--are preparing to ensure uninterrupted power supply to over 50 lakh consumers and 2 crore residents across South, West, East, and Central Delhi. These preparations include power banking arrangements with mu
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Piramal Finance Partners with Punjab & Sind Bank to Boost Lending in S
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 18: Piramal Capital & Housing Finance Limited (Piramal Finance), a leading Non-Banking Financial Company (NBFC), and Punjab & Sind Bank, one of India's premier public sector banks, have entered into a strategic co-lending partnership to enhance cre
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Solana's Role in India's Web3 Revolution
Updated : 1 year ago IST
New Delhi [India], March 18: India leads the Web3 revolution because it is developing rapidly in terms of developers, blockchain startup businesses, and institutions, bringing more interest to decentralized technologies. India is a prominent global technology center with its continuous econo
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Moody's places IndusInd bank credit assessment on review for downgrade
Updated : 1 year ago IST
The bank has discovered a USD 175 million accounting discrepancy related to currency derivatives. Shares have dropped over 28 per cent since the Reserve Bank of India decided to extend the term of CEO Sumant Kathpalia's by a year.
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Delhi Police arrests two Bangladeshi nationals residing illegally in India
Updated : 1 year ago IST
The Delhi Police arrested two Bangladeshi nationals who had been living in India illegally for years despite being deported multiple times. The accused was identified as Ibrahim (36) and his brother Safruddin (38).
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Banking services to be affected from March 22-25 as union calls for nation
Updated : 1 year ago IST
Pankaj Kapoor, VP, All India Bank Officers Confederation (AIBOC) told ANI, "Banking services will be interrupted for four days starting from March 22 and March 23 is Bank holiday and 24-25 March is strike. Due to this banking services like clearing house, cash transaction, remittances, ad
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"Calculated move to appease vote bank...": BJP slams Karnataka govt over "
Updated : 1 year ago IST
"Reservations solely based on religion are unconstitutional and is not permitted. Despite being fully aware of this legal position the Siddaramaiah government in a very calculated move to appease and send a message to its vote bank has indulged in this constitutional adventure. This is be
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Amid mixed global cues Indian stock market opens in positive as Sensex and
Updated : 1 year ago IST
Among Nifty-listed companies, 38 stocks advanced while 12 saw declines. IndusInd Bank, SBI Life, Bajaj Finserv, Tata Motors, and Larsen & Toubro emerged as the top gainers, while Infosys, HCL Tech, Wipro, BPCL, and Britannia were among the worst performers in early trade.
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PM Modi commends RBI's digital innovation as it bags Central Banking award
Updated : 1 year ago IST
Prime Minister Narendra Modi said digital innovation continues to strengthen India's financial ecosystem- empowering countless lives- as he commended the Reserve Bank of India for bagging the Digital Transformation Award 2025 from Central Banking, London, UK.
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India's forex reserves soar USD 15.3 billion, highest weekly jump in over
Updated : 1 year ago IST
India's foreign exchange reserves had their highest weekly gains in over three years in the week ending March 7.
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