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RBI hikes repo rate by 25 bps to 6.50 percent; inflation...

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RBI raises rates to tame inflation On Wednesday, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) hiked the repo rate by 25 basis...

ED attaches Rs.859 cr proceeds of crime under PMLA in illegal...

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MoS Finance in Rajya Sabha on illegal loan app cases The Reserve Bank of India (RBI) has furnished a list of digital lending apps (DLAs)...

India’s foreign exchange reserves rise to $576 bn in January

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India's foreign reserves rise for the third straight week India's foreign exchange reserves rose to $576.76 billion during the week ending January 27, according to...

Reserve Bank’s resolute efforts resulted in material decline in NPAs of...

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RBI tells SC there has been material decline in NPAs due to its efforts The Reserve Bank of India (RBI) has told the Supreme Court...

RBI gives extension for locker agreements renewal till Dec 31

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Banks get time till Dec-end to execute the revised agreement with locker holders On Monday the Reserve Bank of India (RBI) extended the deadline for...

CBI books ex-Finance Secretary Arvind Mayaram for corrupt & dubious contracts...

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CBI files cases against ex-Finance Secy Arvind Mayaram, others; recovers incriminating documents in the raids The Central Bureau of Investigation (CBI) on Thursday conducted searches...

Amid global economic slowdown, Standard Chartered cautions investors to Follow SAFE...

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India's growth-inflation dynamics are stable and better than its peers: Standard Chartered Standard Chartered has said in a report that investors can follow the strategy...

India mulls prohibiting unbacked crypto assets in its G20 presidency

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RBI suggests a common approach to crypto assets to avoid financial risks Under India's G20 presidency, one of the priorities is to develop a framework...

Indian Banks wrote off loans amounting to Rs.10.09 lakh crores in...

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SBI wrote off the highest amount of bad loans in 2021-22 India’s banks have written off loans amounting to over Rs.10.09 lakh crore in the...

Govt to issue third, fourth tranches of sovereign gold bond scheme...

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Sovereign gold bond scheme 2022-23 series 3rd and 4th The third and fourth tranches of the sovereign gold bond (SGB) scheme (2022-23) will soon be...

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