This is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...

The Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its de...

As per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...

Banks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...

The Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...

The Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...

The Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...

The Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...

If the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...

The Reserve Bank of India has made the tough call to withdraw the license of Sarvodaya Co-operative Bank, a decision rooted in the bank's f...

A 29-year married Reddit user has shared his story of how, just four years into his job, he not only paid off his education loan but also c...

RBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.

The Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...

Pakistan's central bank plans to settle a USD 1.5 billion loan with the United Arab Emirates by April 23. This move follows a USD 2 billion...

Pakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...

In a circular issued on Friday, the corporate affairs ministry said it was extending the deadline for the two requirements from June 30 to ...

It said that the signatures of both the depositors may have to be obtained, in case the deposit is to be paid before maturity.