Banks are raising FCNR(B) deposit rates to attract dollars amid global rate increases. ICICI Bank and HDFC Bank have already adjusted their...

UPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...

UAE is poised to spearhead India's special FCNR(B) deposit scheme, with enticing dollar rates and beneficial tax incentives attracting cons...

GIFT City offers NRIs and OCIs a dollar-denominated investment ecosystem. This financial hub provides access to global and Indian investmen...

Punjab National Bank is set to secure a substantial one billion dollars through a five-year loan arrangement. This initiative is being coor...

State Bank of India's recent success in selling perpetual bonds is setting a positive precedent for other banks. With several lenders prepa...

Maldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...

Extreme heat could make outdoor work increasingly unsafe across Indian cities, leading to significant job-equivalent labour losses and econ...

Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basi...

In the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits ...

HDFC Bank, Axis Bank, and Bank of Baroda collected the most penalties for low balances. Public sector banks collected these charges from FY...

State Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...

Broadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the foc...

India Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time ...

IBPS Clerk notification 2026 out: IBPS has announced 9,788 vacancies for Customer Service Associate roles. Online applications will be acce...

Foreign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing ...

ICICI Bank successfully raised one billion dollars through its inaugural dollar bond sale. This strong investor demand allowed the bank to ...