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1 min read
Attention, folks! Bank will remain closed on these days in October 2024
Here's a list of all , both nationwide and state-wise bank holidays you should know about so that y…
2 mins read
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
2 mins read
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
3 mins read
Wholesale inflation falls to 3-month low of 2.04% in July as food prices ease
In April wholesale inflation stood at 1.19 per cent. As per the data, food inflation in Ju…
PTI
4 mins read
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
3 mins read
Experts welcome moderation of inflation in July, by warns of continued inflationary pressure ahead
In July 2024, India saw its CPI inflation drop to 3.54%, the lowest in almost five years, mainly du…
ANI
2 mins read
Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA
The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…
2 mins read
Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
2 mins read
WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables
New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…
PTI
1 min read
Russia's central bank hikes interest rate to 21% to fight stubborn inflation
Inflation in Russia hit 8.6% year-on-year in September, well above the central bank's 4% target.
Nathan Rennolds
5 mins read
Banks closed for 1/3rd of October 2023 – Check out dates and details
Over the past few years, the Pradhan Mantri Jan Dhan Yojana saw the creation of over 40 crore ba…
2 mins read
Sensex, Nifty climb in early trade on buying in IT, bank stocks
Equity benchmark indices rallied in early trade on Tuesday amid buying in IT and bank stocks along …
1 min read
Amazon stock jumps most in 9 months as cost cuts, cloud spark earnings beat
Amazon shares jumped as much as 7.6% on Friday, putting them on pace to close near all-time highs.
Filip De Mott
2 mins read
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
3 mins read
All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…
3 mins read
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …
11 mins read
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
3 mins read
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …
Theron Mohamed
6 mins read
Bank holidays in June 2023 - Kabir Jayanti, Bakrid in the list
Financial planning is a crucially important activity for individuals, businesses and other entities…
4 mins read
I left my 6-figure corporate banking job, and now, I'm a food influencer. I support my family by doing what I love.
Daniel Chung, 36, left his corporate banking job and pursued a career acquiring restaurants. Now he…