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UNITED BANK OF INDIA CENTRAL
RBI imposes Rs 66.7 lakh penalty on Bank of Baroda, GIC Housing FinanceThe Reserve Bank of India has levied significant penalties on Bank of Baroda and GIC Housing Finance for regulatory breaches. Bank of Barod...- Rupee closes at 95.21 vs USD, falls on-week as merchant, NDF-linked flows blunt dollar retreatThe Indian rupee experienced a slight uptick on Friday, yet ended the week on a weaker footing due to overwhelming dollar demand driven by ...
- RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
- 8th Pay Commission: How higher HRA, TPTA, and family units may raise Level 1 employee's salary by 65%8th Pay Commission salary calculator: Central government employee unions are pushing for significant changes in the 8th Pay Commission, dem...
- Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
- Over 1.80 lakh farmers in Chhatrapati Sambhajinagar eligible to get total loan waiver of Rs 1,632 crOver 1.80 lakh farmers in Chhatrapati Sambhajinagar are set to benefit from a Rs 1,632 crore loan waiver under a new state scheme. The Puny...
- US Stock Market: Fed's Warsh targets real-time economic data overhaul, unveils global advisory task forcesFederal Reserve Chairman Kevin Warsh is spearheading a significant shift towards real-time economic data, aiming to reduce reliance on trad...
- UAE central bank restrictions may dampen NRI dollar mobilisationNew UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. Restrictions on representative off...
- Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
- India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growthIndia's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term red...
- India bonds stuck in range as traders eye fresh triggersIndian government bonds remained stable as hopes of inclusion in the Bloomberg index balanced out geopolitical concerns and a declining rup...
- These 7 private and public banking stocks have an upside of up to 24% in one year, according to analystsAt the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...
- Rupee hits near three-week low at 95.24 vs USD as Asian currencies drop on Fed, Iran war cautionThe Indian rupee hit a near three-week low on Wednesday, mirroring declines in Asian currencies. Investors grew cautious ahead of U.S. Fede...
- Global Market: European shares pause after rally, doubts linger over Iran peace dealEuropean stocks faced a minor setback on Wednesday, taking a brief respite following a strong performance in the second quarter. The invest...
- Clearing Corporation of India receives European Securities authority recognitionThe European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolon...
- Bad loans may edge up to 1.9% by FY28 despite resilient banks: RBIIndian banks are projected to see a slight increase in bad loans to 1.9% by March 2028, yet the system remains robust with strong capital a...
- RBI flags AI stock boom as financial stability risk, says Indian banks remain resilientIndia's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...
- European shares steady as tech gains offset Middle East ceasefire cautionEuropean markets showed resilience on Monday, buoyed by a surge in technology stocks. Investors are cautiously optimistic following a de-es...
- RBI seeks bigger money market access: What draft proposals mean for NBFCs and companiesThe RBI has proposed widening participation in India’s term money market by allowing eligible NBFCs, mortgage lenders, companies and financ...
- RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...
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