Economic

Karur Vysya Bank’s total business up 15% yoy in Q3FY25

Low-cost current account, savings account (CASA) deposits declined to 28.40% of ...

RTGS, electronic funds transfer: Banks to introduce ben...

RBI has directed banks to offer the facility by April 1, 2025

MFIs seek dedicated funding window, credit guarantee me...

MFI sector is witnessing lower investor appetite as due to higher credit cost

SBI launches innovation products to attract deposits

This product simplifies the process of achieving financial goals, allowing custo...

India should setup a crypto regulatory body by 2025-end...

Stating that India is becoming a major player in the global crypto space, the re...

Equitas Small Finance Bank revises SB deposit rates, in...

Deposits of over ₹10 lakhs up to ₹25 lakhs will now earn an interest of 7%, whil...

Surging global bond yields: US, UK, Japan reach decade-...

In the US, the 10-year Treasury yield peaked at 4.73%, nearing a 5% mark last se...

Kotak Bank sees SME segment driving loan growth

‘The Indian economy is expected to reach $7 trillion by 2031, and the SME segmen...

Interest rates on small savings remain unchanged for th...

This move aims to deter prioritising small savings over bank deposits amid reduc...

Liquidity deficit: First VRR auction of 2025 sees heavy...

The banking system is facing liquidity tightness despite the cash reserve ratio ...

Poonawalla Fincorp reports 13.3% QoQ increase in total ...

The non-banking finance company’s Assets Under Management (AUM) grew 9 per cent ...

Private bank write-offs emerging as area of concerns: FSR

Stress tests show few NBFCs failing to meet minimum regulatory requirements, eve...

Rupee closes at a lifetime low of 85.77/USD; forex rese...

Meanwhile, India’s forex reserves declined to an eight-month low of $640.279 bil...

Mandatory for banks to offer customers fixed interest r...

‘At the time of sanction of loans, annualised rate of interest/ annual percentag...

WazirX recovery funds aimed at rebuilding trust in cryp...

‘Bitcoin ETFs can pip gold ETF volumes in one year’

PE players flock to HFC space on higher growth potential

Per CRISIL, NBFC and HFC mortgage finance AUM is expected to grow at 16-17 per c...

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