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RBI likely to keep status quo on policy rate as threats loomA majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This...- Operation Octopus: Trapping the tentacles of India’s cyber fraud networkAmidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...
- IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
- RBI greenlights record surplus transfer of Rs 2.86 lakh croreThe Reserve Bank of India's central board approved a record Rs 2.86 lakh crore surplus transfer to the government for FY26. This significan...
- RBI likely to pay a big dividend to CentreEconomists estimate the surplus transfer-often referred to as the central bank's dividend to the government-in the range of Rs 2.7 lakh cro...
- RBI expected to hold rates in June despite rising inflation, H2 rate hike bets emergeThree out of twelve economists anticipate the Reserve Bank of India will raise policy rates this fiscal year due to inflation concerns, whi...
- RBI's net short positions hit a record $104 billionThe Reserve Bank of India's net short forward position surged to a record $104 billion in March, a significant increase from February's $77...
- Game of cards: Top banking players opt for tight gambit, rivals up the anteSince the start of the calendar year, major devaluations have hit multiple premium and super-premium cards, shocking the high spenders. No ...
- HDFC Bank's board minutes reviewed, no concern on ethics and governance: RBIThe Reserve Bank of India has stated that HDFC Bank's board minutes and records are reviewed as part of its supervision. The central bank r...
- Private banks outpace PSBs in Q4 deposit growth amid deposit mobilisation pressuresPrivate banks outpaced public sector lenders in deposit growth during the January-March quarter. This occurred as the banking system faced ...
- FAR from Ideal: FPI buying of G-Secs falls sharply in FY26Foreign investors bought fewer Indian securities in FY26. Outflows increased as West Asia conflict escalated. Economists predict muted flow...
- Bank stocks fall as Street factors in lower profitsIndian banks experienced a significant slump on Monday following the RBI's directive to curb net-positioning to support the rupee. The Bank...
- West Asia conflict disrupts travel plans: How to claim flight and hotel refunds and avoid booking lossesAs the West Asia crisis cuts into vacation plans and budgets, there’s still time to reschedule your trip and claim refunds.
- Vetting A/c to trace Rs 150 cr 'gone missing': Kotak BankKotak Mahindra Bank is reconciling ₹150 crore in fixed deposits and accounts linked to the Municipal Corporation of Panchkula following all...
- RBI may keep call rates and treps below the repoThe Reserve Bank of India aims to keep overnight borrowing costs below its main lending rate. This strategy supports economic growth despit...
- IDFC arm to launch Rs 2,000 crore AIFThe minimum size to invest in the IDFC fund would be Rs 1 crore.
- Still looking at IDFC-Shriram Group deal structure: PiramalPiramal Enterprises chairman said the merger formula being worked on will make sure that the interest of shareholders is safeguarded.
- IDFC Bank to set up 30,000 micro ATMs and 75,000 Aadhaar Pay merchant points in two yearsWhile the micro ATMs function as a bank-in-a-box, most of the Aadhaar Pay merchants will be converted into business correspondents and will...
- IDFC Alternatives raises Rs 475 crore through realty fundThe five-year fund will be investing in residential projects across top seven property markets, including Mumbai and Delhi-National Capital...
- IDFC demerges financial unit into bank; stock gainsIDFC Bank will issue one equity share of Rs 10 each for every one share of Rs 10 each held in IDFC as a consideration for the demerger of f...
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