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COOPERATIVE BANKING
Delhi State Cooperative Bank to venture into financing farmers, artisansInaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial...
Nepal PM Balendra Shah meets Indian Ambassador, emphasises deepening historic tiesNepal's Prime Minister Balendra Shah met Indian Ambassador Naveen Srivastava on Monday. He stressed the importance of deepening Nepal's his...
West Bengal to meet industry stakeholders on new industrial policy on August 11West Bengal will meet industry stakeholders on August 11 to discuss a new industrial policy. This consultation aims to gather suggestions b...
NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBINon-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June...
RBI has proactively helped UCBs; cooperatives should look at regulator differently: Amit ShahUnion Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proacti...
RBI rejects Religare demerger plan despite stock exchange nodThe Reserve Bank of India rejected Religare Enterprises' proposed demerger plan. This decision came despite stock exchanges signaling their...
- This Bengaluru startup wants to give ageing satellites a 'power bank' in space
Aule Space is developing "jetpack" satellites to dock with aging spacecraft. These innovative spacecraft will take over propulsion and exte...
Global Market: Japan reveals record $40 billion yen-buying intervention as currency pressure persistsJapan carried out its largest-ever single-day currency intervention, deploying nearly $40 billion to support the yen amid sharp depreciatio...
Tamil Nadu Agriculture Minister Vinoth to table TVK govt's maiden Agriculture Budget todayTamil Nadu's Agriculture Budget for 2026-27 will be presented soon. The state budget outlined plans for economic growth and education secto...
Banks welcome RBI's steady rates, see boost to credit growthThe Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...
SC stays arrest of Abhishek Banerjee's aide Sumit Roy in Salboni land-grabbing caseThe Supreme Court has stayed the arrest of Sumit Roy in a land-grabbing case. Roy is the Personal Assistant to Trinamool Congress MP Abhish...
RBI holds repo rate at 5.25%, raises FY27 growth forecast, cuts inflation outlookThe RBI kept the repo rate unchanged at 5.25% for the fourth straight policy review, retained its neutral stance, raised its FY27 growth fo...
Urban cooperative bank license applicants need a minimum Rs 300 crore of capital and Rs 10000 crore of deposits, says RBIThe Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital o...
Lower real interest rates have not hurt deposit growth in India: SBI ResearchDeposit growth in India improved despite declining real interest rates, according to an SBI Ecowrap report. The report noted that deposit m...
RBI to resume urban cooperative banks' licensing after 22-year pause, review rural bank rulesThe Reserve Bank of India will resume urban cooperative bank licensing after a 22-year pause. A comprehensive review of credit monitoring f...
RBI to resume urban cooperative bank licensing process after two decadesThe Reserve Bank of India will resume issuing new licenses for urban cooperative banks. This process has been paused for over two decades d...
Digital arrests: SC tells RBI to frame SOP on mule A/CsThe Supreme Court has directed the RBI to create a standard operating procedure for mule accounts. States and Union Territories must operat...
Parliament Watch: Centre collects ₹32 lakh crore in cesses as India Inc steps up global expansionThe Centre collected over thirty-two lakh crore rupees from cesses and surcharges. Indian companies are increasing overseas investments to ...
Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facilityBanks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...
India, Bhutan sign two agreements on Line of Credit, health education cooperation: MEA on Misri's Bhutan visitIndia and Bhutan have signed two agreements during Foreign Secretary Vikram Misri's visit to Bhutan, including a Line of Credit agreement a...