Search For "banks"
RBI to inject USD 10 billion liquidity through three-year Dollar-Rupee swa
Updated : 2 months, 4 weeks ago IST
Under the swap arrangement, banks will sell US dollars to the RBI in the near leg and simultaneously agree to buy back the same amount of dollars at the end of the three-year period
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RBI to inject Rs 2 Lakh Crore via OMO purchases, dollar swap to boost liqu
Updated : 3 months ago IST
"The purchases will be carried out in four equal tranches of Rs 50,000 crore each, scheduled for December 29, 2025; January 5, 2026; January 12, 2026; and January 22, 2026," the RBI said.
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Credit Card issuance declines in Q2FY26 amid slowing consumer credit growt
Updated : 3 months ago IST
The number of new credit cards issued fell to 4.4 million in the second quarter of FY26, a steep 28% year-on-year decline compared with 6.1 million cards issued in the same period last year, the report said.
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Central banks diversifying forex reserves from USD & Euro to gold and othe
Updated : 3 months ago IST
Global central banks are gradually diversifying their foreign exchange reserves away from the US dollar and the euro, increasing exposure to other currencies and gold, highlighted a report by CareEdge Ratings.
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PSU banks gain market share from private lenders in personal, home and aut
Updated : 3 months ago IST
Public sector banks (PSBs) are steadily gaining market share from private sector lenders in key retail loan segments such as personal loans, home loans and auto loans, highlighted a report by JM Financial.
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Global M&A activity surges as AI and mega deals drive strategic growth in
Updated : 3 months ago IST
Global dealmaking activity is surging as companies use "dream deals" to gain new technology and grow their market size. The Goldman Sachs 2026 Global M&A Outlook report shows that global M&A volumes increased by 40 per cent year-over-year. A major part of this growth comes from the largest t
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RBI discusses global, domestic economic situation, challenges at board mee
Updated : 3 months ago IST
"The Board approved the risk-based deposit insurance framework for banks and also reviewed the activities of select Central Office Departments and the draft Report on Trend and Progress of Banking in India, 2024-25," RBI said in a statement.
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TCS' BaNCS platform get AI upgrade, to support operations of banks, financ
Updated : 3 months ago IST
Tata Consultancy Services (TCS) has announced a major artificial intelligence (AI) upgrade to its flagship TCS BaNCS platform, launching a new AI core designed to help banks and securities firms accelerate innovation while maintaining strong governance and risk controls.
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New logo unveiled for Regional Rural Banks to build unified brand identity
Updated : 3 months ago IST
The Government of India has unveiled a new and common logo for Regional Rural Banks (RRBs). This step aims to create a single and unified brand identity for these banking institutions. According to a press release issued by the Ministry of Finance, this initiative marks a crucial move toward
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Banks, NBFCs to remain key growth drivers as credit grows faster than broa
Updated : 3 months, 1 week ago IST
However, despite the steady growth, India's retail credit penetration remains far below global standards, the report said. Asset quality of the banking sector has dramatically improved in the recent past leading to a sharp drop in credit cost. The credit-to-GDP ratio, after peaking around th
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A Sacred Evening of Unity: Rashtra Ekta ke Liye Yamuna Aarti Led by Sadgur
Updated : 3 months, 1 week ago IST
Vrindavan (Uttar Pradesh) [India], December 16: On the serene banks of Maa Yamuna at Cheer Ghat, Vrindavan, a deeply moving "Rashtra Ekta ke Liye Yamuna Aarti" was performed under the divine guidance of Sadguru Shri Riteshwar Maharaj Ji.
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Visa Unveils New Global Stablecoins Advisory Practice
Updated : 3 months, 1 week ago IST
Singapore, December 16: Visa (NYSE: V), a global leader in digital payments, today announced the launch of its Stablecoins Advisory Practice. The new value-added service offering by Visa Consulting & Analytics (VCA) provides actionable insights and recommendations to guide banks, fintechs, m
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