Demonetisation affected everyone, Chidambaram tells SC

He also pointed out that at the time of demonetisation the currency in circulation was Rs 17.9 lakh crore and today,...

Interest subvention on KCC loans for 2022-23, 2023-24 approved

The interest rate for short-term loans up to Rs 300,000 through Kisan Credit cards (KCC) for farmers will be seven...

Paytm to remain unaffected by NPCI's UPI market cap move: Experts

Paytm Payments Bank being an issuer and payment service provider bank in itself along with being an acquirer of UPI...

India set to overtake China as property investment destination

The property price index has been growing steadily in India in the past few years. The All India House Price...

RBI imposes Rs 3-lakh penalty on Parwanoo Urban Co-operative Bank

The central bank has said the action is based on deficiencies in regulatory compliance and is not intended to...

Karnataka has highest grid-interactive renewable power capacity

Tamil Nadu, with 15,225 mw, came at the second; Gujarat, with 13,153 mw, was at third position while Maharashtra,...

"Remain watchful," RBI Governor's advice to heads of banks

RBI Governor Shaktikanta Das acknowledged the crucial role played by the commercial banks in supporting economic...

IFSCA signs MoU with RBI

The MoU facilitates technical cooperation and the exchange of information, according to an official statement from...

RBI Governor-headed committee reviews global, domestic economy

During the meeting, major developments in the global and domestic economy as well as in various segments of the...

RBI slaps fine on 9 cooperative banks for violating compliances

Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The Jamshedpur Urban...

'Retail inflation to track within RBI's target by March 2023'

Morgan Stanley expects India's retail inflation to moderate to 5.4 per cent in 2023-24 and to 4.8 per cent in...

'Urban rapid growth not accompanied by rise in urban infra'

In the 'Report on Municipal Finances' by the Reserve Bank of India (RBI) released recently, it said while the size...