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CASH CRUNCH IN BANKING SYSTEM
Banking liquidity surplus shrinks to Rs 541 crore as cash crunch increasesLiquidity surplus in the banking system was reported at ₹541 crore as of October 21. Banks have increased fund parking to meet their daily ...- SoFi targets idle crypto cash with interest-bearing tokenized depositSoFi Technologies has launched an innovative tokenized deposit product that offers an attractive 4.2% annual interest rate. Funds deposited...
- ICICI Bank to revise savings account select cash transaction charges from December 1, 2026: Which customers need to pay more nowICICI Bank plans to revise service charges for its savings account customers starting December 1, 2026. Customers will still enjoy three fr...
- Why is the RBI pulling liquidity out of banks and injecting it back again?Reserve Bank of India has significantly reduced banking system liquidity from a peak surplus in a short time. Liquidity surged after banks ...
- Persistent Systems launches Rs 4,265-cr QIP; floor price set at Rs 5,550/sharePersistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore. The IT company h...
- Systemic liquidity seen uneven as some banks continue market borrowingSeveral banks in India have been borrowing from the market despite substantial foreign currency non-resident deposits inflow. This situatio...
- These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
- HealthRail: Turning India's hospital receivables into growth capitalIn a strategic move to streamline hospital cash flow, HealthRail is offering expedited access to accrued revenues. This initiative specific...
- World Bank seeks to boost connectivity in developing countriesThe World Bank announced a new strategy to improve connectivity and digital access in developing nations. This initiative aims to lower the...
- RBI injects Rs 1 lakh crore as liquidity tightens before festive seasonOn Monday, the RBI announced a Rs 1-lakh-crore variable rate repo (VRR) auction for the first time since late July after the weighted avera...
- In 2026, three founders launched an AI assistant with its own phone number, it can book flights, order groceries; the startup later reached a $300 million valuationTab is designed to work through messaging platforms that people already use. It includes platforms like WhatsApp and iMessage. Users can se...
- Central Bank of India reports technical glitch in RTGS outward systemCentral Bank said that no customer suffered any financial loss on account of the incident. The lender has not attributed the disruption to ...
- Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...
- Who is Rex Salisbury? Man who started Cambrian Ventures; by 2025, its $20 million First Fund had backed 33 startups, about half reaching Series ASalisbury's Cambrian Ventures has one simple task, and that is focusing on early-stage financial technology companies. They are commonly kn...
- Nandan Nilekani calls for expanding Account Aggregators to reach street vendors for access creditNandan Nilekani emphasizes the importance of expanding the Account Aggregator framework to include self-employed individuals. He highlights...
- What happens when AI agents go off track without warning? Goodfire's inside-out approach aims to spot rogue systems, tackle a costly security blind spotNotably, its probes examine internal signals generated while the AI model processes information. These signals can help indicate what the m...
- Senior citizen gets income tax notice over Rs 65.27 lakh cash deposit in bank account; his son proves source of funds and wins case in ITAT JaipurSenior citizen sent income tax notice for Rs 65.27 lakh unexplained cash deposit, which was later proved to be pension and FD money; ITAT J...
- India 10-year bond yield tops 7.35% as RBI's liquidity clamp down hurtsOn Monday, Indian government bonds experienced a significant decline due to central bank measures affecting liquidity. The benchmark 6.94% ...
- RBI to sell $2.6 billion of bonds, tighten bank reserve need to squeeze cashThe Reserve Bank of India is set to initiate bond sales to better regulate liquidity within the banking system. As of October 16, banks wil...
- RBI raises average CRR maintenance requirement for banksThe Reserve Bank of India will raise the minimum daily cash reserve ratio requirement to 99% from 90%. This change will take effect from mi...
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