Sunday, May 29, 2022 | Last Update : 02:43 AM IST


RBI to transfer Rs 30,307 cr to government

The contingency risk buffer has also been retained at 5.5 per cent

21 May 2022 12:35 AM

LIC’s Rs.21K crore IPO, India's largest, to open on May 4

The company has decided to reserve 10 per cent of shares on the offer for its policyholders under the policyholder reservation portion

28 Apr 2022 8:51 AM

LIC IPO a treat for policyholders

With the LIC IPO coming up, there has been a spurt in opening of demat account recently

28 Apr 2022 8:47 AM

RBI hints at end to low interest regime in June

Central bank may shift its focus to taming inflation

23 Apr 2022 1:42 AM

RBI cuts growth outlook, interest rate unchanged

Market interest rates will start increasing at a faster pace now which is positive for savers, especially the depositors

08 Apr 2022 11:10 AM


Paytm Bank barred from adding new customers

The bank has also been directed to appoint an IT audit firm to conduct a comprehensive system audit of its IT system

12 Mar 2022 7:58 AM

Credit card spends, transactions decline in January

All large players reported a decline in monthly spends per card with the highest fall seen by IndusInd Bank

09 Mar 2022 9:45 AM

RBI launches UPI for feature-phone users

UPI is gaining popularity and is becoming one of the most preferred methods of digital transactions in India

09 Mar 2022 9:36 AM

LIC may not fully exit IDBI Bank

While the government holds 45.48 per cent stake in IDBI Bank, LIC owns 49.24 per cent stake in the lender

22 Feb 2022 12:37 AM

RBI Deputy Governor calls for outright cryptocurrency ban

Crypto-technology is underpinned by a philosophy to evade government controls, says deputy governor T. Rabi Sankar

15 Feb 2022 9:29 AM


MPC may hold back rate hike

Policy normalization is set to commence in April with a stance change and reverse repo hike

07 Feb 2022 2:02 AM

RBI to issue Digital Rupee in FY23-Sitharaman

Digital currency will also lead to a more efficient and cheaper currency management system

02 Feb 2022 9:10 AM

RBI to issue Digital Rupee in FY23: Sitharaman

Digital currency will also lead to a more efficient and cheaper currency management system

02 Feb 2022 7:34 AM

Post offices to be linked to bank network, ATMs

The minister also announced setting up 75 digital banking units (DBUs) in 75 districts by scheduled commercial banks

02 Feb 2022 6:49 AM

Decks cleared for bad bank to start

A total of 38 large stressed accounts aggregating to Rs 82,845 crore have been identified for transfer to the NARCL

29 Jan 2022 8:41 AM


Insurers tighten rules, raise rates

Data from the IRDA of India shows the death claims from both individual and group policies combined rose by 41 per cent to Rs 41,451 crore

21 Jan 2022 7:32 AM

RBI may keep rates on hold

The six-member rate setting panel (MPC) is meeting for three days starting Monday with the outcome being announced on Wednesday

06 Dec 2021 2:29 AM

RBI appoints advisory panel to assist R-Cap administrator

The members: Sanjeev Nautiyal, ex-deputy MD, SBI; Srinivasan Varadarajan, ex-deputy MD, Axis Bank, Praveen P. Kadle, ex-MD&CEO, Tata Capital

01 Dec 2021 10:47 AM

PM Modi to launch RBI’s retail direct scheme

As per the scheme, investors will be able to directly open and maintain their government securities account free of cost

12 Nov 2021 8:07 AM

MFIs should balance social goals with growth: RBI Deputy Governor M Rajeshwar Rao

Rao said that self-sufficiency and financial sustainability are the objectives that the lenders need to pursue

28 Oct 2021 8:42 AM