Economic

Deposit growth weakens in the last fortnight of CY2024

This trend suggests that depositors are increasingly favouring time deposits due...

Bajaj Broking partners with Tamilnad Mercantile Bank to...

The collaboration aims to offer Tamilnad Mercantile Bank customers a seamless on...

₹2,000 withdrawal: ₹6,691 crore worth of banknotes rema...

The facility for exchange of the ₹2000 banknotes is available at RBI’s 19 Issue ...

NPCI pushes the deadline to impose market cap on UPI pl...

WhatsApp allowed to offer UPI services to all its users to spur competition

CoinSwitch announces ₹600 crore recovery fund for Wazir...

Under the initiative, CoinSwitch will offer rewards and recovery options to new ...

HDFC Bank reports 7.6% growth in Q3 advances

HDFC Bank’s retail segment showed strong performance with a 10 per cent year-on-...

Kotak Bank CTO Milind Nagnur quits citing personal reasons

Resignation comes at a time when KMB is barred by the RBI from onboarding new cu...

Liquidity management may take priority over rate cuts i...

With liquidity being tight, some foreign banks see the RBI opting for a liquidit...

Government to soon launch new credit guarantee scheme f...

The scheme is expected to be placed before the Union Cabinet soon for its approval

SBI unveils TAB-based digital onboarding for NRIs’ acco...

This initiative utilises digital tools to streamline account opening, eliminatin...

Consolidated solvency ratio of insurance sector remains...

At 202 per cent, as at June-end 2024, the aggregate solvency ratio for life insu...

RBI emerges as the second-largest central bank gold buy...

Central banks ramped up the precious metal’s purchase in November as its prices ...

ICRA raises FY25 securitisation volume estimate by ₹30,...

 Vehicle loans dominated the market, while microfinance and unsecured loan volum...

Capital levels of Banks and NBFCs will remain well abov...

Stress test for NBFCs shows that even under a high-risk scenario, their one-year...

A year since risk weight hikes, lenders still cautious ...

Banks like RBL Bank, AU SFB and SBI cards showing credit cost

ICICI Pru Life, RGA launch product to cover women-speci...

Unlike standard plans, where the payouts are in the form of reimbursements, this...

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