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6 mins read
Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …
2 mins read
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
3 mins read
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
1 min read
India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das
The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…
PTI
2 mins read
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
3 mins read
Canara Bank Q4 profit rises 18% to ₹3,757 crore
During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…
PTI
2 mins read
The stock market will signal a hard landing is coming for the economy if it falls below this key level, Bank of America says
The 5050 level on the S&P 500 corresponds with the index's rising 200-day moving average. As of Fri…
Matthew Fox
2 mins read
After a volatile week, all eyes on RBI’s Monetary Policy meeting! But experts expect no change in repo rate
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is gearing up to announce its mon…
1 min read
TVS Credit posts 33.43% rise in Q4 PAT at ₹148.29 crore
The standalone total revenue from operations grew to Rs 1,517.50 crore, from Rs 1,234.60 crore…
PTI
7 mins read
Banks have finally fixed the single most annoying thing about credit cards
Banks are using huge amounts of data to separate legitimate purchases from scams. That's great for …
Emily Stewart
2 mins read
ED questions Paytm executives, gets documents on latest RBI action
The Enforcement Directorate has questioned senior Paytm executives and taken submission of document…
PTI
2 mins read
The banking loopholes Russia has used to stay afloat are closing
Foreign banks in the UAE, Turkey, and Austria are cutting back on transactions with Russia as US sa…
Filip De Mott
2 mins read
Brace for ‘climateflation’: Study predicts rise in food price inflation amid worsening climate change
Imagine a future where your grocery bill climbs higher each year, not because of lavish spending or…
3 mins read
Disclose all details in possession, including the Electoral Bonds' unique alphanumeric numbers: SC to SBI
The Supreme Court on Monday directed the State Bank of India (SBI) to disclose all details in its p…
ANI
1 min read
UCO Bank tech glitch: ₹820 cr erroneously credited to account holders
As much as Rs 820 crore were credited to account holders of UCO Bank in what the lender described a…
PTI
2 mins read
Job vacancies for junior associate roles at India’s largest bank: All you need to know
India’s largest bank, State Bank of India is offering over 8,000 jobs at junior levels and has invi…
1 min read
UCO Bank net profit dips over 20% to Rs 402 crore in Q2
State-run UCO Bank on Friday said its net profit for the second quarter of the current fiscal dippe…
PTI
1 min read
PNB clocks 3-fold jump in net profit at ₹2,223 crore for Q3
Punjab National Bank (PNB) on Thursday announced an over three-fold jump in its profit to Rs 2,223 …
1 min read
Canara Bank posts 27% jump in net profit for Oct-Dec quarter
Canara Bank on Wednesday reported a 26.87% increase in net profit to Rs 3,656 crore for the October…
1 min read
Indian Overseas Bank posts Rs 624.34 cr PAT for Q2 2023-24
Public sector mortgage lender Indian Overseas Bank (IOB) on Friday said it closed the second quarte…