Search For "banking system"
Goldman Sachs sees improving growth backdrop for India in 2026, expects fu
Updated : 4 months, 3 weeks ago IST
Global investment bank Goldman Sachs expects India's economic growth to strengthen in 2026, driven by easing financial conditions, domestic regulatory relaxation, and moderation in external headwinds.
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More than 56 crore Jan Dhan accounts opened in last 11 years: Nirmala Sith
Updated : 6 months, 2 weeks ago IST
More than 56 crore Jan Dhan accounts have been opened, in the last 11 years, bringing millions into the formal banking system, said Union Finance Minister Nirmala Sitharaman in a message marking the 11 years of the Pradhan Mantri Jan Dhan Yojana (PMJDY), launched by Prime Minister Narendra M
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Assam CM distributes cheques amounting to Rs 10,000 each to 18,370 members
Updated : 6 months, 3 weeks ago IST
"This support has included the provision of financial assistance and facilitation of bank loans. Women involved in these groups have become familiar with banking systems, engaged in the production of goods, and achieved self-sufficiency. Currently, Assam has 4 lakh SHGs with approximately 40
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Can India Match Vietnam's Maritime Success Without Financial Reform?
Updated : 7 months, 1 week ago IST
Hyderabad (Telangana) [India], July 22: India, with a 7,516.6 km coastline and over 200 ports, is the 16th largest maritime nation globally. It has access to major sea routes, rapidly developing port infrastructure, and a vast, skilled maritime workforce. However, India's maritime sector con
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Xflow announces plans to power Cross-Border Payments for over 30,000 India
Updated : 8 months, 4 weeks ago IST
Bengaluru (Karnataka) [India], June 19: Xflow, India's leading cross-border payments platform, today announced its bold vision to support over 30,000 Indian exporters by the end of 2025. The company is on a mission to simplify global money movement for IT service providers, funded startups,
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Retail loan stress may push NPAs higher in H1FY26: CareEdge Ratings
Updated : 9 months ago IST
Non-performing assets (NPAs) in India's banking system are likely to increase slightly in the first half of FY26, mainly due to rising stress in the retail loan segment, particularly unsecured personal and microfinance loans, according to a report by CareEdge Ratings.
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RBI to discontinue daily Variable Rate Repo from June 11, 2025 because of
Updated : 9 months, 1 week ago IST
The Reserve Bank of India (RBI) has announced on Tuesday to discontinue daily Variable Rate Repo (VRR) auctions starting June 11, 2025 Wednesday.
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Amid drop in domestic yield and surplus liquidity, RBI may change its liqu
Updated : 9 months, 4 weeks ago IST
India's banking system remained in a liquidity surplus during the past week, with average surplus funds amounting to Rs 2.04 lakh crore, according to a report by Union Bank of India.
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PruTech to Lead the Digital Transformation of The Bihar State Cooperative
Updated : 11 months ago IST
Patna (Bihar) [India], April 14: In a significant step toward modernizing its banking operations, The Bihar State Cooperative Bank Ltd. (BSCB) has entrusted PruTech Solutions with the responsibility of driving its digital transformation. This large-scale initiative will integrate advanced te
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RBI may have to infuse Rs 1 Lakh crore by March to maintain liquidity: SBI
Updated : 1 year ago IST
The Reserve Bank of India (RBI) may have to inject additional Rs 1 lakh crore into the banking system by March to maintain liquidity at an equilibrium level, according to a report by the State Bank of India (SBI) research.
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Indian banks to face margin squeeze as RBI may go for more rate cuts
Updated : 1 year ago IST
NIMs at the six largest private and state-owned banks have been under stress as deposit rates caught up with lending rates over the past few quarters. However, strong credit demand has helped these banks maintain growth.
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Janelle Monae to star in, produce 'Never Saw Me Coming' adaptation
Updated : 1 year ago IST
Actress and singer Janelle Monae is set to star in and produce the Universal Pictures adaptation of Tanya Smith's heist memoir 'Never Saw Me Coming: How I Outsmarted the FBI and the Entire Banking System--and Pocketed $40 Million'.
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