Economic

Citi appoints Prashant Thakker head of corporate bank f...

The appointment as head of Asia South Corporate Bank is effective immediately

Transmission of repo rate changes continued in FY25, bu...

Interest rate on fresh and outstanding bank loans declined by 2 bps and 8 bps, r...

RBI expected to deliver third consecutive rate cut of 2...

Low inflation conditions and current liquidity situation conducive for rate cutt...

FM asks PSGICs to innovate insurance products addressin...

During a recent meeting, she emphasized the need for improving underwriting prac...

Asheesh Pandey to be Union Bank chief; Kalyan Kumar to ...

Pandey and Kumar are currently Executive Directors at Bank of Maharashtra and Pu...

LIC Q4 net profit up 38% at ₹19,013 crore

Life insurer sees rise in investment income, decline in expenses of management

G-Sec yields end flat despite RBI declaring huge divide...

The dividend was lower than market expectations as the RBI, as a prudent measure...

UPI effect: India now commands 48.5% share of global re...

RBI working towards taking UPI to 20 countries by FY29

Reliance General Insurance reports 12.5% increase in FY...

Investment book rose to ₹21,358 crore from ₹20,514 crore in FY24, with the Inves...

RBI will continue liquidity management operations in sy...

The approach aims to maintain sufficient liquidity in the system to support key ...

ADB ready to provide $4.5 billion loan annually to India

At the minister's request, ADB will also sharpen support for integrated rural pr...

Over-reliance of fintechs on lenders may have prompted ...

With new guidelines at play, lenders may now go slow on partnering with fintechs...

RBI to prepare framework for ethical adoption of AI in ...

RBI had constituted an external committee comprising experts in December, 2024, ...

Jio Financial gets SEBI nod for mutual fund operation

The market regulator granted certification of registration to Jio BlackRock Mutu...

RBI to auction ₹19,000 crore in Treasury Bills on May 28

The auction will comprise three tenures: 91-days, 182-days, and 364-days T-Bills...

IIFL Finance gets RBI approval to open branches in Jamm...

This approval is a timely step towards delivering essential financial services i...

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