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...
08 Aug, 2026, 04.21 PM IST
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...
08 Aug, 2026, 03.37 PM IST
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...
07 Aug, 2026, 04.17 PM IST
- 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...
07 Aug, 2026, 02.23 PM IST
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...
07 Aug, 2026, 10.53 AM IST
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...
06 Aug, 2026, 02.19 PM IST
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...
06 Aug, 2026, 02.09 PM IST
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...
06 Aug, 2026, 01.59 PM IST
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...
06 Aug, 2026, 06.00 AM IST
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...
05 Aug, 2026, 07.45 PM IST
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...
05 Aug, 2026, 06.26 PM IST
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...
05 Aug, 2026, 12.44 PM IST
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...
05 Aug, 2026, 11.38 AM IST
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...
05 Aug, 2026, 09.14 AM IST
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 ...
05 Aug, 2026, 12.57 AM IST
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...
03 Aug, 2026, 06.23 PM IST
Global Market: China's central bank vows timely policy adjustments, backs panda bond marketChina's central bank has pledged to adjust its monetary policy tools in a timely manner while maintaining an appropriately loose policy sta...
03 Aug, 2026, 10.08 AM IST