RBI’s Central Board takes stock of global and domestic economic, financial developments
The Central Board of Directors of Reserve Bank of India on Friday reviewed global and domestic economic and financial developments,
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Category: Banking & Financial Services
UGRO Capital’s Q2 net profit up 6 times at ₹29 crore
UGRO Capital reported an almost six-fold year-on-year (yoy) jump in second quarter net profit at ₹29 crore against ₹5 crore
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PNB shifting gears to become IT-driven banking powerhouse: Goel
Betting big on digital technology, Punjab National Bank (PNB), the country’s second-largest public sector bank, plans to accelerate its digital
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Sundaram Home posts ₹59-cr net in Q2, disbursements up 29%
Sundaram Home Finance has reported an 18 per cent increase in net profit at ₹59.33 crore for the quarter ended
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RBI asks CICs to send alerts to customers when their credit information report is accessed by lenders
The Reserve Bank of India (RBI) has asked credit information companies (CICs) to send alerts through SMS or email to
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RBI ups minimum amount for offering non-callable term deposits from ₹15 lakh to ₹1 crore
The Reserve Bank of India (RBI) has increased the minimum amount for offering non-callable/without premature withdrawal option term deposits (TDs)
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Banks and Credit Info firms to compensate complainants if there is delay in updation/ rectification of credit information
Credit institutions (CIs) and credit information companies (CICs) will have to compensate complainants at the rate of ₹100 per day
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‘We expect fresh slippages to come down in next two quarters’
Home Money & Banking Updated – October 26, 2023 at 07:20 AM. Bandhan Bank expects nearly 20% year-on-year credit growth
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PNB Q2 preview: Healthy operating performance likely to be sustained
Aided by lower credit cost, Punjab National Bank (PNB) is expected to report strong year-on-year earnings growth for the second
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Despite higher taxation, India now second largest crypto market: Report
Notwithstanding 30 per cent tax on gains and TDS (Tax Deducted at Source) at the rate of 1 per cent,
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