Search For "bank"
DHFL case: Delhi HC to hear CBI plea challenging bail to Wadhawan brothers
Updated : 3 years, 3 months ago IST
The Delhi High Court on Tuesday agreed to hear in detail the Central Bureau of Investigation (CBI) plea challenging the trial court order granting statutory bail to Dheeraj and Kapil Wadhawan, former promoters of DHFL in India's biggest bank fraud case to the tune of Rs 34,926.77 crore, on t
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India remains more resilient than other emerging market economies: World B
Updated : 3 years, 3 months ago IST
For other EMEs, the World Bank in the report said impacts from the US, euro area, and China are at least 1.5 times larger than for India. It added India's relative resilience comes from its solid economic fundamentals, significant foreign exchange reserves, available policy space and prudent
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World Bank sees inflation declining in India
Updated : 3 years, 3 months ago IST
India's October inflation dropped to 6.77 per cent, from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row.
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Suncrypto CEO's Notes on "Current Market Situation"
Updated : 3 years, 3 months ago IST
New Delhi [India], December 6 (ANI/ATK): The recent crypto market is going through a challenging phase where we are seeing a lot of crypto-related businesses going bankrupt like FTX, losing funds, user support, etc. But it is expected from the crypto market because of its high volatility so
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Rajat Tiwari - an Indian a wholsome wealth Empire in the Investment Bankin
Updated : 3 years, 3 months ago IST
New Delhi [India], December 6 (ANI/GPRC): It's conspicuously known that investment industry deals in aiding individuals, organizations to raise capital and provides financial consultancy services.
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Policy reforms, prudent regulatory mechanisms played key role in Indian ec
Updated : 3 years, 3 months ago IST
"India's economy has been remarkably resilient to the deteriorating external environment, and strong macroeconomic fundamentals have placed it in good stead compared to other emerging market economies," said Kouame the World Bank's Country Director in India. However, he said that continue
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Razorpay becomes India's First Payment Gateway to support Credit Cards on
Updated : 3 years, 3 months ago IST
Bengaluru (Karnataka) [India], December 6 (ANI/NewsVoir): In an industry-first move, aimed at further strengthening digital payments and boosting India's credit penetration, Razorpay, India's Leading Full-Stack Payments and Banking Platform for Businesses today announced the platform's readi
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Rupee fared relatively well versus other emerging market currencies, says
Updated : 3 years, 3 months ago IST
Indian Rupee has fared relatively well in 2022 in comparison to other emerging market peers, said Dhruv Sharma, a senior economist at World Bank.
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World Bank makes upward revision of India's GDP growth forecast due to rob
Updated : 3 years, 3 months ago IST
According to the World Bank, India's real GDP growth is expected to be at 6.9 per cent in FY22-23 compared to 8.7 per cent in FY21-22.
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ED attaches Rs 31-crore assets of commission agent of cooperative bank
Updated : 3 years, 3 months ago IST
The agency said the attached assets included 20 immovable properties consisting of land and building in Kerala, two vehicles (Innova and Audi), Rs 3,40,000 cash in Indian rupee and foreign currency equivalent to Rs 2,08,124, totalling to Rs 5,48,124, and balances in 57 bank accounts belongin
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RBI imposes Rs 5-lakh penalty on Bharat Co-operative Bank
Updated : 3 years, 3 months ago IST
The penalty was slapped on the non-adherence, violation of directions issued under exposure norms and statutory or other restrictions - urban cooperative banks, the central bank said.
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Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign e
Updated : 3 years, 3 months ago IST
A Public Interest Litigation (PIL) seeks direction to implement a Uniform Banking Code for foreign exchange transactions to control black money generation and Benami transactions.
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