Search For "bank"
RBI may shift monetary stance to 'Neutral'; rate cuts likely by December 2
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from current 'withdrawal of accommodation' in credit policy this month, rate cuts likely to commence from December, according to a report by Nuvama.
Read More
IDFC FIRST Bank Goes Live on GST Portal for Seamless Tax Payments
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], October 5: IDFC FIRST Bank is pleased to announce its integration with the Goods and Services Tax (GST) portal, enabling seamless GST payments. Customers will now benefit from an intuitive, hassle-free payment experience, with instant payment confirmations and e
Read More
India contributes to Nepal PM Disaster Relief Fund to support victims of f
Updated : 1 year, 5 months ago IST
Nepal Prime Minister Disaster Relief fund received more contributions on Saturday after LIC Nepal Ltd, Nepal SBI Bank Ltd and the Oriental Insurance Company Ltd from India sent in more help to support the victims of floods and landslides in the country.
Read More
RBI appoints Aviral Jain as new Executive Director
Updated : 1 year, 5 months ago IST
As Executive Director, Jain will look after the Legal Department, Premises Department and Right to Information Act (First Appellate Authority).
Read More
India's foreign exchange reserves cross USD 700 billion first time
Updated : 1 year, 5 months ago IST
India's foreign exchange reserves scaled a new high again, crossing the USD 700 billion milestone.
Read More
RBI's potential 50 bps rate cut will have 15-20 bps impact on bank's net i
Updated : 1 year, 5 months ago IST
If the Reserve Bank of India goes for a potential 50 basis point (bp) cut in the repo rate, it is expected to negatively impact the net interest margins (NIMs) of large private banks by 15-20 basis points, highlighted a report by Nomura.
Read More
Banking sector reforms are paying its dividend to Indian Economy: Nirmala
Updated : 1 year, 5 months ago IST
Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning for bad loans, sustained capital adequacy, and a rise in profitability."
Read More
CARE Improved IDFC First Bank Ratings
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], October 4: IDFC First Bank declared to exchange that Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that CARE Ratings Limited ("CARE") has re-affirmed the existing rating of the Bank's long-term debt instruments amounting to Rs. 1,3
Read More
ADB approves USD 162 mn loan for sustainable tourism development in Himach
Updated : 1 year, 5 months ago IST
This initiative is set to enhance the state's tourism potential by upgrading heritage sites, promoting cultural centres, and improving tourism infrastructure.
Read More
US on alert as Pakistan hit by allegations of mismanagemen of USD 400 mill
Updated : 1 year, 5 months ago IST
he US has acknowledged claims made by Pakistan Peoples' Party (PPP) Chairman, Bilawal Bhutto Zardari on accusations of alleged mismanagement of $400 million received by Pakistan in loans and aid from the World Bank, meant for flood relief actions in the country.
Read More
RBI unlikely to cut rate as India's growth is higher than potential output
Updated : 1 year, 5 months ago IST
With India experiencing strong economic growth, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, says a report from the State Bank of India (SBI).
Read More
Phased implementation of SEBI's F&O measures is a big positive for mar
Updated : 1 year, 5 months ago IST
The phased implementation of SEBIs measures to protect investors in the Futures and Options (F&O) trade will prevent systemic shocks and lead to a calibrated market tightening, says investment banking company Jefferies in a report.
Read More