Search For "bank"
Maldives police launch probe into alleged coup attempt after suspension of
Updated : 1 year, 7 months ago IST
The Maldives Police Service (MPS) has commenced a probe into allegations that the opposition tried to stage a coup d'etat after the Bank of Maldives (BML) decision on Sunday to suspend foreign transaction allowances on debit and credit cards related to Maldivian Rufiyaa (MVR) accounts, Ma
Read More
Govt capex boosts GDP growth by 3.4 pc from 1.6 pc over last 10 years: Moo
Updated : 1 year, 7 months ago IST
The increase in government capital expenditure and private sector investments has catalysed India's infrastructure overhaul. India's infrastructure development has seen unprecedented progress over the past decade, driven by substantial capital spending from both government and private sector
Read More
Jana Small Finance Bank Sweeps 4 Awards at ICC Emerging Asia Banking Concl
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], August 26: Jana Small Finance Bank has once again cemented its status as a frontrunner in the Indian banking industry. The bank's commitment to excellence and innovation was recognized at the prestigious 2nd ICC Emerging Asia Banking Conclave & Awards, where
Read More
Earn High Interest Rates with NBFC Fixed Deposits on Bajaj Markets
Updated : 1 year, 7 months ago IST
New Delhi [India], August 26: Bajaj Markets, an online financial marketplace, offers a wide range of Fixed Deposits (FDs) through its partnerships with some of the leading Non-banking Financial Companies (NBFCs) in India. It allows investors to conveniently compare and invest in FDs from var
Read More
Small finance banks to grow their loan book by 25-27% this fiscal: Crisil
Updated : 1 year, 7 months ago IST
Small finance banks (SFBs) are expected to grow their loan book by a robust 25-27 per cent this fiscal year, Crisil Ratings said on Monday.
Read More
Rural Fintech Navadhan Forays Into 4-New States
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], August 26: Navadhan is emerging as a unique Rural fintech platform focussed at under-banked MSMEs. In 2021, Navadhan launched its operations in Central Indian state of Madhya Pradesh where it has enrolled over 2 lakh rural-small-businesses (MSMEs) so far. Based
Read More
After UPI, RBI will now launch Unified Lending Interface or ULI for fricti
Updated : 1 year, 7 months ago IST
The technology platform for providing "frictionless credit" launched by the Reserve Bank of India (RBI) last year as a pilot project will be introduced nationwide soon, said Reserve Banks of India Governor, Shaktikanta Das on Monday.
Read More
AI integration in finance sector unlocks new opportunities: Shaktikanta Da
Updated : 1 year, 7 months ago IST
Integration of artificial intelligence (AI) into financial services brings significant opportunities for all stakeholders, the Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday.
Read More
Decline in loan to deposits ratios in banks is because of lower money crea
Updated : 1 year, 7 months ago IST
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI over the fiscal year 2023-24. Cumulative net fresh money creation during this period amounted to only Rs 0.6 trillion, a contrast to approximately Rs 20 trillion created in the three fiscal year
Read More
UP CM Yogi offers prayers at Mathura's Banke Bihari Temple on Janmashtami
Updated : 1 year, 7 months ago IST
Uttar Pradesh Chief Minister Yogi Adityanath on Monday inaugurated Shri Krishna Janmotsav in Mathura. He, then, offered prayers at Banke Bihari Temple.
Read More
India's Digital Public Infrastructure experience provides effective strat
Updated : 1 year, 7 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said that India's experience has provided an effective digitisation strategy for other central banks.
Read More
Tookitaki Expands Community-Led Financial Crime Prevention Platform to Ind
Updated : 1 year, 7 months ago IST
Bengaluru (Karnataka) [India], August 26: Tookitaki, a global leader in anti-financial crime technology, is set to revolutionise the Indian financial sector by introducing its groundbreaking FinCense platform. Designed for both fintech and traditional banks, FinCense stands out as one of the
Read More