RBI raises interest rate ceiling on FCNR(B) deposits to attract capital flows
In order to attract more capital inflows, the RBI has decided to increase the interest rate ceilings on Foreign Currency
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Category: Banking & Financial Services
Public sector banks record net profit of ₹85,520 crore in first half FY2024-25
Public sector banks (PSBs), including State Bank of India (SBI), are poised for another stellar year in 2024-25, building on
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Public sector banks eye common online platform for giving loans to start-ups
Public sector banks (PSBs) are exploring the possibility of setting up a common online platform to meet the credit needs
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SBI Life Insurance sees shift towards non-linked products amid equity volatility, says MD & CEO Amit Jhingran
SBI Life Insurance anticipates a shift towards non-linked products by the customers, as in the last few months there have
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RBI reduces CRR to 4% to ease anticipated liquidity stress
The Reserve Bank of India (RBI) has decided to reduce the cash reserve ratio (CRR) of all banks by 50
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Banks on a drive to augment CASA deposits, lend special focus on tapping new current accounts
In a bid to bring down the cost of deposits, banks are taking a slew of measures to increase the share
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Sanjay Malhotra RBI Governor Press Conference Live: Sanjay Malhotra addresses media after taking charge as RBI’s 26th Governor
After a period of fevered speculation, the GoI announced the appointment of Sanjay Malhotra, presently the Revenue Secretary in the
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ACRE apologises to IIFL Finance directors
Assets Care and Reconstruction Enterprise (ACRE), backed by global asset manager Ares Management, has tendered an “unqualified and unconditional apology”
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Standard Chartered Bank, India, launches “FEMA Centre of Excellence”
Standard Chartered Bank, India, has launched a “FEMA (Foreign Exchange Management Act) Centre of Excellence” proposition to help clients navigate
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Will work to understand all perspectives, do what’s best for economy: RBI Guv-designate
Revenue Secretary Sanjay Malhotra on Tuesday said he will work to understand all perspectives and do what is best for
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