The scam reportedly amassed over Rs 2,200 crore from individuals across 20 states. The funds, considered "proceeds of crime," were transferred abroad, but Rs 500 crore was frozen by the ED while in ...
For investors, buying into India's debt presents a chance to tap into one of the world's fastest-growing economies, earn higher yields, and diversify away from China ...
Check full list of bank holidays in February 2025. Customers need to know details before planning to visit the bank next month.
Moody's Ratings on Thursday noted the Indian Rupee has depreciated by around 5% in the last two years and has fallen by 20% ...
RBI injected more than ₹1.45 lakh crore via two overnight variable rate repo (VRR) auctions and a buyback operation of ₹9,666 crore. The RBI will conduct a similar VRR auction on Friday for ₹2 lakh ...
This is provided they use the accounts for transactions with a resident of India. India’s central bank is now allowing overseas branches of authorized banks to open rupee-denominated accounts for ...
RBI former deputy governor Shri M. K. Jain will serve as chairperson. The Reserve Bank of India has announced the names of ...
Interest income grew 8% year-on-year to Rs 1,591 crore while interest expense rose 15% to Rs 704 crore during the quarter under review. Provisions (other than tax) and contingencies jumped 254% to Rs ...
A bomb threat email prompted an immediate security response at a school in the Jogeshwari-Oshiwara region of Mumbai.
Trump’s policies have added to our contextual complexity. Faced with conflicting demands, India’s central bank should wait ...
Retail lending, particularly in the unsecured segment such as personal loans and credit cards, has been under scrutiny in recent months. With the Reserve Bank of India flagging concerns and tightening ...
America's national debt hit a new record in November when it eclipsed $36 trillion for the first time ever. It's a staggering amount that can not only effect U.S. economic growth but also essential ...