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2 mins read
Paytm UPI Lite is leading small-value payments in India with single-click transactions that never fail
Recognising the transformative impact of UPI Lite in everyday lives and its widespread popul…
1 min read
Ola fined by RBI for failing to comply with its KYC norms
The Reserve Bank of India (RBI) on Tuesday fined Ola Financial Services Private Ltd over Rs 1.67 cr…
2 mins read
M&M group stocks under pressure after RBL Bank investment, TechM's earnings miss
Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sen…
4 mins read
SVB Bank failure serves as a wake-up call for Indian startups
The French say "Plus ça change, plus c'est la même chose" - which means that the more things change…
2 mins read
Stock market crash wipes out Rs 4.59 lakh cr from investors wealth in single day
The market capitalisation of BSE-listed companies eroded by Rs 4,59,327.64 crore to Rs 3,70,35,…
PTI
4 mins read
Stock markets in free-fall: Sensex tanks 1,628 pts on sharp losses in banking, oil shares
Key stock indices suffered their worst single-day losses in percentage terms since June 13, 2…
3 mins read
RBI's Monetary Policy Committee meeting starts amid expectations of lower rate hike
RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting o…
PTI
1 min read
RBI slaps ₹26 lakh penalty on Nutan Nagarik Sahakari Bank
This action of the central bank is based on a deficiency in regulatory compliance and is not intend…
ANI
2 mins read
RBI shuts down Karad Janata Sahakari Bank — deposits up to ₹5 lakh will be refunded
With the cancellation of licence and commencement of liquidation proceedings, the process of p…
PTI
2 mins read
CBI books Varun Industries in Rs 388 crore fraud in Central and Canara Bank
The Central Bank of India has alleged that it has suffered a loss of Rs 269.29 crore, while Can…
PTI
1 min read
FPIs likely to remain sellers putting pressure on banking stocks
FPIs are likely to remain sellers putting pressure on banking stocks which constitute the major s…
2 mins read
Even with global turmoil in financial markets, macro factors turning better for India: Uday Kotak
Kotak Mahindra Bank CEO Uday Kotak said on Thursday said that with macro factors turning positive, …
PTI
3 mins read
Indian bank deposits better protected than in US: SBI report
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank run…
ANI
1 min read
Lakshmi Vilas Bank is the fifth financial firm to collapse in India within the last 30 months
The downfall of Lakshmi Vilas Bank (LVB) was in the making for over a year, and it’s only the mos…
Prabhjote Gill
6 mins read
India issues notice to Pak seeking review, modification of Indus Waters Treaty
Government sources said India's call for the review and modification of the pact is not specific…
PTI
3 mins read
Macquarie warns that RBI's decision on new bank licenses could be controversial given the number of bank failures in India
At a time when bank failures are increasing in India, the decision to distribute licenses could be …
2 mins read
New EV Policy: Elon Musk’s Tesla may soon enter India as import taxes slashed for electric vehicles
In what may come as a big boost to Tesla’s plans to enter India, the Indian government has announce…
5 mins read
India could emerge as the third pole despite GDP growth worries say experts
If any major middle-income country is truly outperforming in the coming decades, it's the world's s…
1 min read
SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI
The RBI on Monday said state-owned SBI, along with private sector lenders ICICI Bank and HDFC Bank …
PTI
3 mins read
Political continuity could bode well for clean energy & infra spending: UBS
As India marches towards elections, research firms are projecting various scenarios based on possib…