Loans against Fixed Deposits gain traction
Bank depositors don’t seem to be wanting to break their fixed deposits (FDs) to meet their emergency funding requirement, as
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Bank depositors don’t seem to be wanting to break their fixed deposits (FDs) to meet their emergency funding requirement, as
Continue readingBanks’ loans against gold jewellery (LAGJ) portfolio could cross the ₹1-lakh crore mark in the next few months, going by
Continue readingThe cost of funds for banks has risen by around 1 per cent, or 100 bps, YoY, during Q1 FY24
Continue readingBank credit registered a robust growth of 16.3 per cent year-on-year (y-o-y) in June 2023 as compared with 15 per cent
Continue readingThe Reserve Bank of India’s Digital Payments Index, a measure of the extent of digitisation of payments across the country,
Continue readingUCO Bank has opened four special rupee vostro accounts with Russian banks so far and has received permission from Reserve
Continue readingthe rupee trimmed initial gains to settle 7 pounds, down at 81.88 against the US currency on Tuesday, as The
Continue readingThe center has clarified that there is no proposal under consideration to extend the exchange date of the Rs 2,000
Continue readingIn what is seen as a precursor to the next round of consolidation in Between Regional Rural Banks (RRBs)The Center
Continue readingCentral Bank of India (SBI), the country’s largest commercial bank, does not expect the Reserve Bank of India (RBI) to
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