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Latest Articles in Banking Finance
The Journey Of Virtual Digital Assets In Indian Context
Any attempt towards crypto regulation must be marked by clarity and a technocratic attitude
Read MoreRBI 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
Read MoreHDFC-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
Read MoreLIC Shares Surge 4% Following Q4 PAT Results
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
Read MoreRs 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
Read MoreRBI 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
Read MoreRBI 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
Read MoreAdequate 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
Read MoreIDFC 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
Read MoreNo 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
Read MoreSebi Proposes Uniform Total Expense Ratio For Mutual Funds, May Lead To Rs 1,400 Crore Blow
Sebi's proposal aims to establish a uniform total expense ratio (TER) across mutual fund schemes to enhance transparency regarding costs borne by unitholders
Read MoreMuthoot 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
Read MoreRBI’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
Read MoreRBI Withdraws Rs 2,000 Notes From Circulation: All You Need To Know
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
Read MoreRBI To Withdraw Rs 2,000 Currency Notes, Will Remain Legal Tender Till 30 Sept
Although banknotes of the Rs 2000 denomination will continue to be legal money, the RBI has instructed banks to stop issuing them with immediate effect
Read More