India's foreign exchange reserves increased by USD 9.112 billion to USD 615.971 billion in the week ending December 15, 2023. This increase is one of the highest for a week and marks a 20-month high, data released by the Reserve Bank of India on Friday showed.
This RBI decision, announced through a recent circular, will empower cardholders by offering them an additional option to tokenize their cards for multiple merchant sites through a streamlined and unified process.
The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks, ranging from Rs 50,000 to Rs 7 lakh, for some non-compliances.
Uncertainties in food prices along with unfavourable base effects are likely to lead to a pick-up in retail inflation in November and December, the monetary policy committee of the Reserve Bank of India observed in their latest review meeting.
Mumbai (Maharashtra) [India], December 22: Bank of Maharashtra, a premiere public sector bank in the country, celebrated Maha Parivartan Diwas on 19th December showcasing its commitment to digital innovations to meet diverse needs of its customers. BoM introduced a comprehensive range of cut
New Delhi [India], December 22: In a digital age where convenience is key, AU Small Finance Bank (AU SFB) is already ahead of the curve with its innovative Video Banking feature, providing customers with a swift and seamless way to open Savings Accounts. No more paperwork, no more branch vis
According to the World Bank, the newly approved USD 300 million Tamil Nadu Climate Resilient Urban Development Program is set to enhance access to quality water and sewerage services, promoting climate-resilient cities in the face of escalating climate shocks such as floods and droughts.
According to the World Bank, the USD 100 million Sikkim: Integrated Service Provision and Innovation for Reviving Economies (INSPIRES) Operation aims to foster growth and development by focusing on non-farm sectors, including renewable energy, IT services, tourism, hospitality, wellness care
Mumbai (Maharashtra) [India], December 21: HDFC Life, one of India's leading insurers, and NKGSB Co-operative Bank Ltd, having a legacy of 106 years, have entered into a Corporate Agency tie-up enabling NKGSB Co-operative Bank customers to avail life insurance products of HDFC Life.
Mumbai (Maharashtra) [India], December 21: Cyril Amarchand Mangaldas (CAM) advised GMR Visakhapatnam International Airport (GMR) on financing of Bhogapuram International Airport by way of a rupee facility of INR 3,215 crore from a consortium of 5 banks/financial institutions led by India Inf