The restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...

Indian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...

Amidst global market turmoil from the Iran-US war and El Nino, PL Capital lowered its Nifty 50 target to 26,449. The brokerage anticipates ...

India's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...

Japanese stocks surged on Friday, with the Nikkei index climbing close to 3 percent. Investors reacted positively to news of a potential pe...

Many Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...

Eight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...

Parag Parikh Flexi Cap Fund, India’s largest active flexi-cap scheme by AUM, raised exposure to ITC, HDFC Bank and 14 other stocks in May, ...

The Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...

The Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...

Short-term Indian government bond yields have dropped to their lowest in three months. This move steepens the yield curve significantly. Ex...

Delhi Police apprehended Pabitra Kumar Biswal, a Deputy Manager at National Urban Cooperative Bank. He allegedly facilitated a mule account...

The Bombay High Court has rejected an interim plea by Lilavati Hospital's trust, which sought to prevent HDFC Bank from making public state...

Canara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...

RBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...

Citi is leveraging AI to revolutionize its payments business, enhancing developer efficiency by up to 40% and streamlining complex cross-bo...