Search For "banks"
Policy rate hike: SBI says it's forward-looking; HDFC Bank says in line wi
Updated : 3 years, 3 months ago IST
The Chairman of the country's largest bank said, "A visible improvement in consumer and business confidence as per RBI surveys augurs well for the future growth outlook. Imparting operational flexibility to banks in managing their investment in HTM (Held to Maturity) limit will have an order
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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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India stands like oasis in era of uncertainty amid global inflation: SBI R
Updated : 3 years, 3 months ago IST
With central banks across nations amid an interest rate hike cycle, India performing better than the US, and UK, standing out like an "oasis in this era of uncertainty", says latest study by SBI Research.
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This village in J-K has India's biggest International Yoga Centre
Updated : 3 years, 3 months ago IST
The village, which is located on the Himalayas in the Sal forests' lap, the village, which has a peripheral view of both the plains as well as hills, which will serve the International Yoga Centre at the banks of the Tapi river.
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BookMyForex launches "Interbank Rate Forex Card" - India's first true zero
Updated : 3 years, 3 months ago IST
Gurgaon (Haryana) [India], November 30 (ANI/NewsVoir): BookMyForex.com, India's first online foreign exchange marketplace, has launched the Interbank Rate Multi-Currency Forex Card, which is India's first true zero markup travel card. During regular banking hours, International travellers wi
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RBI to launch retail digital rupee on Thursday on pilot basis
Updated : 3 years, 3 months ago IST
According to a statement from RBI, the pilot would cover select locations in closed user group (CUG) comprising participating customers and merchants. The eRs-R would be in the form of a digital token that represents legal tender.
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Home loan portfolio of banks and NBFCs remains strong, amid rising rates:
Updated : 3 years, 4 months ago IST
NBFCs, where mortgages are spread across a range of lenders from dedicated housing finance companies to consumer finance firms, saw loans a rise of 18.8 per cent to Rs 3.03 lakh crore, the S and P Global Market Intelligence said in a statement on Sunday.
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Andhra fishermen compete in boat race for fishing limits in Konaseema
Updated : 3 years, 4 months ago IST
The banks of the Godavari river in Coastal Andhra's Konaseema district came alive on Saturday as over 100 fishermen competed in a boat race to acquire a fishing area.
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Ujjivan Small Finance Bank increases interest rate on some fixed deposits;
Updated : 3 years, 4 months ago IST
Bengaluru (Karnataka) [India], November 23 (ANI/NewsVoir): Ittira Davis, Managing Director and Chief Executive Officer, Ujjivan SFB, commented, "The FD rate increase is a reinforcement of our commitment to offer our customers the best products. This also is in line with our retail strategy o
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Andromeda Loans receives ISO Certificate again
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra) [India], November 22 (ANI/NewsVoir): Andromeda Loans proudly announces that it has reobtained ISO certification for the optimal management of its information security under ISO 27001:2013, in September 2022.
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Quant and UST partner to accelerate the adoption of institutional digital
Updated : 3 years, 4 months ago IST
Bengaluru (Karnataka) [India]/ London [UK], November 22 (ANI/PRNewswire): Quant, the blockchain for finance pioneer, has partnered with UST, a leading digital transformation solutions company, to provide technical integration and tokenisation services to central and commercial banks and capi
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Research Dept role is to quickly process an avalanche of data: RBI Guv
Updated : 3 years, 4 months ago IST
During his inaugural address at the annual research conference of the Department of Economic and Policy Research of RBI on Saturday, he said central banks, given their mandate on preserving macro stability, and the responsibility to be at the forefront of managing an economic crisis, have a
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