Saturday, Sep 18, 2021 | Last Update : 01:25 PM IST


Inflation to stabilise only by FY24: Patra

Retail inflation moderated to 5.3 per cent in August but remained above the medium-term target of the RBI

17 Sep 2021 2:39 AM

SBI cuts home loan rate to 6.7%, BoB to 6.75%

A Cibil credit score of more than 800 will make a borrower eligible for a home loan rate of 6.7 per cent

17 Sep 2021 2:18 AM

Telecom relief eases default risk for banks

However, bankers said they are awaiting the plan of action from the telecom companies to assess the situation

16 Sep 2021 7:24 AM

Eight firms selected for cross-border payments

RBI said Book My Forex product facilitates fully online outward cross-border remittances to bank accounts and debit/prepaid cards overseas

14 Sep 2021 9:00 AM

Covid-specific insurance plans can be sold till March 31

Corona Kavach is an indemnity plan that will cover hospitalisation expenses

14 Sep 2021 8:57 AM


Debt resolution plan can’t be withdrawn: SC

The court held that the 330 days outer limit of the CIRP under Section 12(3) of the IBC can be extended only in exceptional circumstances

14 Sep 2021 8:55 AM

HDFC Life to take over Exide LIfe for Rs 6.7K cr

Once the share issue happens, Exide Industries will be on-boarded as shareholder in HDFC Life and will have 4.1% stake in the merged entity

04 Sep 2021 7:56 AM

Rupee to strengthen as Fed hints at tapering

The rupee on Friday strengthened 53 paise against the US dollar to close at 73.69

28 Aug 2021 3:02 AM

RBI panel suggests 4-tier structure for urban co-op banks

The committee has also suggested setting up an umbrella organisation with a minimum capital of Rs 300 crore to oversee UCBs

24 Aug 2021 9:17 AM

Freedom from financial woes

Your household expenses should not be more than 30-35 per cent of your income

16 Aug 2021 9:03 AM


Prime Minister launches e-RUPI

e-Rupi voucher will be delivered in the form of a QR code or SMS string-based e-voucher to the beneficiary’s mobile number

03 Aug 2021 8:31 AM

RBI to leave rates untouched again

MPC may shrug off inflation build-up

02 Aug 2021 12:19 PM

Slippages from gold loans rise for private banks in Q1

There has been a sharp spike in retail slippages, especially from gold loans and the farm segment, as the Covid second wave hit repayments

26 Jul 2021 12:58 AM

RBI extends timeline to comply with new rule for online transactions by 6 months

The primary objective of the framework was to protect customers from fraudulent transactions and enhance customer convenience

01 Apr 2021 7:41 AM

Economic Survey 2021 calls for fresh asset quality review

Pandemic concessions to banks need a quick end

30 Jan 2021 4:38 AM


Lakshmi Vilas Bank shareholders to get nothing after merger with DBS India

However, depositors need not worry as their deposits will be transferred to DBS and would be fully secured

19 Nov 2020 5:18 AM

Lakshmi Vilas Bank placed under moratorium, RBI proposes merger with DBS Bank

As part of the moratorium, the regulator has capped deposit withdrawals by customers to Rs 25,000

18 Nov 2020 3:29 AM

RBI announces Co-lending scheme for banks, NBFCs for priority sector

The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the economy

06 Nov 2020 1:42 PM

RBI gives relief to big ticket loans of above Rs 75 lakh

The latest announcement regarding home loan risk has done away with the requirement of factoring in loan amount while setting risk weights

10 Oct 2020 5:43 PM

RBI rides to rescue, unveils steps to cool rising bond yields

The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial year

01 Sep 2020 12:28 PM