As per the RBI Act's Section 47, after making provision for bad and doubtful debts, depreciation in assets, contributions to ...

The RBI accepted Rs 1,054 crore worth of green bonds at the auction, against the notified amount of Rs 5,000 crore ...

The central bank is trying to address a market problem in which it too has played a significant role. The episode’s lesson is ...

City Union Bank shows strong growth in financial indicators, with improved asset quality and double-digit profit increase in ...

Banks are usually open on the first, third, and fifth Saturdays (if any) of a month, while they are closed on all second and ...

India's monetary and financial sectors have performed well in the first nine months of the Financial Year 2024-25 with the gross NPAs of banks now down to a 12-year low of 2.6 per cent at the end of ...

India’s economy is likely to expand by 6.3-6.8 per cent in the coming fiscal, much lower than what is needed to become a developed country, and requires deregulation and reforms in areas like land and ...

India's economy is likely to continue its sluggish pace of growth next fiscal year weighed down by global risks, according to a finance ...

Finance Minister Nirmala Sitharaman will announce the Union Budget. The National Payments Corporation of India (NPCI) has ...

India's forex reserves increased by $5.5 billion to $629.55 billion as of January 24, 2025, after a decline of $1.8 billion ...

Cred and MobiKwik launch India's first CBDC wallets. But are they better than UPI? We break down the pros and cons of RBI’s digital rupee.

Surveillance of branches and automated teller machines (ATMs) is not new to the banking industry, however, while they have ...