NPS surpasses ₹10 lakh crore AUM mark: A remarkable 25% YoY growth
Buoyed by strong equity and debt market performance, National Pension System (NPS) assets under management (AUM) —including the corpus on
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Category: Banking & Financial Services
93% of ₹2,000 notes in circulation returned: RBI
The total value of ₹2,000 banknotes in circulation as at the close of business on August 31, 2023 declined to ₹24,000 crore from ₹42,000
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Uday Kotak steps down as Kotak Mahindra Bank CEO months ahead of schedule
In a completely unexpected move, Uday Kotak, MD & CEO of Kotak Mahindra Bank, stepped down on September 2, 2023.
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UPI transactions cross 1,000 crore milestone in August
The Unified Payments Interface (UPI) network breached the milestone of 1,000 crore transactions per month in August 2023, processing a record
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PSB Alliance to expand doorstep banking services to 6,800 centres
PSB Alliance Pvt Ltd, a company set up by public sector banks, plans to ramp up the coverage of its
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RBI Governor Shaktikanta Das leads global central bankers in A+ rating for inflation control and economic growth in 2023
Reserve Bank of India Governor Shaktikanta Das is among three central bank chiefs to earn an “A+” grade in the
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Jet Airways founder Naresh Goyal arrested in ₹538 crore bank fraud money laundering case
The Enforcement Directorate late Friday night arrested Jet Airways founder Naresh Goyal in a money laundering case linked to an
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Bajaj Auto’s arm gets RBI nod to commence NBFC operations
Bajaj Auto Consumer Finance, the wholly-owned subsidiary of Bajaj Auto, has received the Certificate of Registration from the RBI to commence the business
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CoinSwitch launches API trading
Cryptocurrency exchange CoinSwitch has introduced API (application programming interface) trading on CoinSwitch PRO. Traders can automate trade executions round the
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Bank credit growth falls 14.8% in July
Bank credit growth declined to 14.8 per cent year-on-year (y-o-y) in July 2023 when compared to 15.1 per cent a year
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