Banking Finance - Latest News, Analysis, Opinion

Any attempt towards crypto regulation must be marked by clarity and a technocratic attitude

RBI May Lower Interest Rates Before End Of Fiscal Year: Kotak Official

The RBI hiked its key policy rate by 250 basis points (bps) in the previous financial year, but surprised markets with a pause in April, going against expectations of a 25 bps hike

HDFC-HDFC Bank Merger To Take Place In 4-5 Weeks, Bank’s Margins Would Fall: Analysts

The bank expects NIM – a key profitability measure – to fall to 3.7-3.8 per cent in 2023-24 from 4.1 per cent a year ago due to the merger, Nomura analysts wrote in a report

LIC Shares Surge 4% Following Q4 PAT Results

Banking & Finance NBFC

Shares of Life Insurance Corporation of India (LIC), the insurance giant, witnessed a nearly 4 per cent increase to Rs 615.6 in Thursday's intraday trading on the BSE

Rs 2,000 Note Withdrawal A Non-event, Favourable Impact On Deposits, Yields: SBI

India has been witnessing new milestones which indicate the robustness of our payment ecosystem and acceptance by a wide stratum of consumers, says SBI report

RBI Holds Conference For Directors On Boards Of Public Sector Banks

The RBI Governor Shaktikanta Das inaugurated the conference. 'Governance in Banks - Driving Sustainable Growth and Stability' was the theme of the conference

RBI Pushes For Stronger Governance At Banks

“The Governor also emphasized the need for banks to ensure continued financial and operational resilience,” according to a statement from the RBI

Adequate Currency Notes, No Reason To Worry: RBI's Das On Rs 2,000 Notes Withdrawal

There has been some speculation that the decision to withdraw Rs 2000 note may put a strain on the overall money supply

IDFC First Bank CEO Vaidyanathan V Supports Lowering Highest Denomination Currency In India

He highlights that the highest denomination currency as a percentage of per capita GDP is significantly lower in developed countries

No Forms, ID Cards Needed For Exchange Of Rs 2,000 Banknotes: SBI

The Reserve Bank of India (RBI) on Friday decided to withdraw the Rs 2,000 denomination currency notes from circulation, but added they (currency notes) will continue to remain as legal tender

Sebi Proposes Uniform Total Expense Ratio For Mutual Funds, May Lead To Rs 1,400 Crore Blow

Banking & Finance Regulations

Sebi's proposal aims to establish a uniform total expense ratio (TER) across mutual fund schemes to enhance transparency regarding costs borne by unitholders

Muthoot Finance Reports Highest-ever Gold Loan Disbursement Of Rs 51,850 Cr In Q4

The company’s gold loan grew by Rs 5,051 crore following an all-time highest interest collection of Rs 2,677 crore for the Q4 FY 2023 and subsequently, its loan and gold loan assets grew at Rs 5,479 crore and Rs 5,051 crore in Q4 FY23 respectively

RBI’s Website Crashes Following Rs 2,000 Withdrawal

The increased public interest in the RBI’s website could be gauged from the November 2016 demonetisation exercise when Rs 500 and Rs 1,000 bank notes were withdrawn with immediate effect and ceased to be legal tender

RBI Withdraws Rs 2,000 Notes From Circulation: All You Need To Know

Sangeet Kumar Sanu

Under the “Clean Note Policy” of the RBI, it has been decided to withdraw the Rs 2,000 denomination banknotes from circulation which have been old and soiled, RBI said in a statement

RBI To Withdraw Rs 2,000 Currency Notes, Will Remain Legal Tender Till 30 Sept