₹2,000 withdrawal will have favourable impact on liquidity, bank deposits and interest rates: SBI Ecowrap
Although the impact of the Rs 2,000 banknote withdrawal is not an event, there will be a positive impact on
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Category: Banking & Financial Services
Banks prepare for note mobilization but see no rush at branches
Bank branches prepared to load Rs 2,000 notes, as directed by the Reserve Bank of India (RBI) on Friday. However,
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UPI effect: Average ATM visits halve to 8 times a year
Every $1 increase in the value of UPI (Unified Payments Interface) transactions leads to an 18 baisa decrease in debit
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Dhanlaxmi Bank registers 62% increase in Q4 net profit at ₹38.17 crore
Dhanlaxmi Bank It recorded a net profit of Rs.38.17 crore during the fourth quarter of FY23 as against a net
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CoinDCX launches decentralised finance wallet Okto
Cryptocurrency exchange CoinDCX has announced the global launch of its decentralized financial (DeFi) wallet application Okto, which provides simplified and
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Free Pizzas! Crypto platforms bring in Bitcoin Pizza Day with offers and goodies
Cryptocurrency platforms bring Bitcoin Pizza Day by distributing free pizzas, gift vouchers and other goodies. Indian gamers Coinswitch, Mudrex, and
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Indian Bank looking digital forward with large outlay
The Indian public sector lender has said it will continue to make massive investments in IT infrastructure and build digital
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Banks’ deposit rates seen peaked as note withdrawal may fuel mobilisation
Deposit rates offered by banks are expected to have peaked, given the unlikely chance of higher interest rates in the
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RBI pushes for stronger governance at public sector banks
The Reserve Bank of India on Monday urged public sector banks to strengthen their boards of directors and focus more
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Paytm Money launches bonds platform, making investing easier for retail investors
One97 Communications Limited (OCL), which owns the Paytm brand, said on Monday that its wholly owned subsidiary Paytm Money Limited
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