Search For "bank"
SBI Research anticipates RBI repo rate cut in February policy meet
Updated : 1 year, 3 months ago IST
Reserve Bank is expected to cut repo rates in February 2025 and such a decision, it at all taken, is unlikely to be impacted by rupee's weakness against the dollar, asserted SBI Research in a report.
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RBI introduces podcast as tool for wider dissemination of useful informati
Updated : 1 year, 3 months ago IST
In latest move towards effective communication, Reserve Bank of India has decided to launch podcasts for wider dissemination of information that is of interest to the public.
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India's foreign exchange reserves rise again after multi-week slump
Updated : 1 year, 3 months ago IST
India's foreign exchange (forex) reserves started to rise again after having slumped for an eighth consecutive week, in the process hitting a multi-month low.
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RBI Governor Shaktikanta Das meets FM Nirmala Sitharaman in Delhi
Updated : 1 year, 3 months ago IST
The meeting comes just days before Das' current term as RBI Governor ends, and a day after the monetary policy meeting.
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Inflation likely to ease to 5.4 per cent in November on decline in vegetab
Updated : 1 year, 3 months ago IST
India's Consumer Price Index (CPI) inflation is expected to ease to 5.4 per cent in November 2024, down from 6.2 per cent in October, according to a report by Union Bank of India.
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USD 350 mn ADB loan approved to enhance India logistics and exports
Updated : 1 year, 3 months ago IST
Asian Development Bank (ADB) has approved a USD 350 million policy-based loan to support India strengthen and modernize logistics sector.
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IDFC FIRST Bank Elevates Customer Experience with India's First AI-Powered
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 7: IDFC FIRST Bank has unveiled the first-of-its-kind AI-powered holographic digital avatar of the country's most celebrated and legendary actor Amitabh Bachchan, setting a new benchmark in customer engagement and digital innovation. The Holographic Ext
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CRR cut by RBI expected to provide support to Net Interest Margins of bank
Updated : 1 year, 3 months ago IST
The Reserve Bank of India's (RBI) decision to cut the Cash Reserve Ratio (CRR) is expected to provide marginal support to the Net Interest Margins (NIMs) of banks, according to a report by Axis Securities.
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Banks to use AI & Machine learning to safeguard customers from financi
Updated : 1 year, 3 months ago IST
In a significant move to address the growing menace of digital financial frauds, the Department of Financial Services (DFS) has directed banks to adopt advanced technologies, including Artificial Intelligence (AI) and Machine Learning (ML), to safeguard customers from fraudsters.
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Telangana: Police arrest three people in SBI theft case, seize 2.5 kgs gol
Updated : 1 year, 3 months ago IST
The Warangal Police arrested three people in connection with the Rayaparthy State Bank of India (SBI) theft case and 2.5 kilograms of gold ornaments were seized, officials said on Friday.
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ED raids 7 places in Ahmedabad, Mumbai; seize cash worth Rs 13.5 crore
Updated : 1 year, 3 months ago IST
The money trail investigation conducted by ED of "debit transactions" made through accounts maintained with NAMCO Bank and with the Bank of Maharashtra revealed that the majority of such amounts were transferred to 21 sole proprietary concerns.
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Gryffin Capitalist Simplifies Company Formation for Aspiring Entrepreneurs
Updated : 1 year, 3 months ago IST
New Delhi [India], December 6: Gryffin Capitalist simplifies the entry for aspiring entrepreneurs and businesses in offshore and tax-friendly countries. Through its platform, it offers a seamless, all-in-one solution for offshore bank account opening, company formation, accounting and bookke
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