The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...

The Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...

NRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...

Axis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communi...

In an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...

The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...

Public sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...

India is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...

Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attrac...

The Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...

The Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...

Experts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy ...

Indian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...

India's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.

Borrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...

Many banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...

M1xchange's deep-tier financing platform has achieved a significant milestone, crossing Rs1,400 crore in throughput. This platform enables ...