The prestigious event, graced by industry leaders, policymakers, and economists, provided a platform for deep insights and discussions on the challenges facing the banking sector.
The gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs) fell to a decadal low of 3.9 per cent at end-March 2023 and further to 3.2 per cent at end-September 2023.
A current account deficit is when a country's total value of imports exceeds the total value of exports. The CAD numbers are a key indicator for any economy.
The Indian real estate sector continued to scale new highs in 2023, defying the tightened monetary policy stance of the Reserve Bank of India (RBI), and also at a time when its counterpart in neighbouring China is in crisis.
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.
Pune (Maharashtra) [India], December 22: Individuals can now invest in the Sovereign Gold Bond (SGB) tranche 2023-24 Series III on Bajaj Markets, a subsidiary of Bajaj Finserv. The subscription window, as per RBI's notification, started on 18th December 2023 and ends on 22nd December 2023.
New Delhi [India], December 21: EaseMyDeal has launched its Peer to Peer Lending Product Profit++ in partnership with Lend box, RBI registered P2P licensed NBFC in India, designed to get you returns at Flat 10% per annum.