RBI MONETARY POLICY STATEMENT DEC 5-7, REPO RATE RAISED TO 6.25%
The Monetary Policy Committee (MPC) at its meeting today (December 7, 2022) decided to: Increase […]
In four cities, the Reserve Bank (RBI) has launched retail digital rupees
The first retail digital rupee pilot project was introduced by the Reserve Bank of India […]
What is Axis Blue Chip Fund (Growth)?
Mutual funds are one of the most popular investment tools in India. Mutual funds are […]
RBI launched the CDBC Pilot Project this November
The central bank, the Reserve Bank of India, has launched a pilot project on Central […]
The government plans to sell 1.55% of SUUTI’s stake in Axis Bank through the Open Market Financing System
The government will sell 46.5 million shares, or the whole 1.55% ownership in the private […]
Binance, a leading cryptocurrency exchange, plans to acquire FTX, another major crypto exchange
In response to a rumour that federal investigators were looking into how FTX.com handled customer […]
There has been an announcement by the World Bank of a new fund for reducing emissions on a global scale
The World Bank today unveiled a new multi-partner fund that would combine resources from the […]
Rajgurunagar sahakari bank limited is penalised financially by the RBI
The Rajgurunagar Sahakari Bank Limited, situated in Pune, was fined Rs 4 lakh by the […]
Karnataka High Court rules that bank employees’ gratuity cannot be applied to their outstanding loans
An appeal has been filed against a ruling in the Karnataka High Court that the […]
RBI will convene the MPC meeting, On November 3
On November 3, the Reserve Bank called a special meeting of the Monetary Policy Committee […]
A focus on SME and ESG will be undertaken by DBS India
While it waits for approval from the nation’s central bank for local incorporation, DBS, Southeast […]
RBIH and India Post Payments Bank collaborate on financial services and products
According to a release from the Ministry of Communications on Wednesday, the Reserve Bank Innovation […]
Nirmala Sitharaman discussed the following points during her participation in the annual meetings of the World Bank and IMF.
Despite the Indian economy being expected to grow by 7% this year, according to Union […]
Axis Bank receives a penalty of Rs 2 crore and Max Life receives a penalty of Rs 3 crore by the IRDAI
In a case involving the purchase and sale of shares by Axis Bank and its […]
Supreme Court To review demonetization move, asks centre, RBI to submit affidavit
On Wednesday, the Supreme Court (SC) decided to revisit the Center’s 2016 decision to implement […]
Federal Bank hits record high after strong Q2 performance
After reporting a 52.89% increase in standalone net profit to Rs 703.71 crore in Q2 […]
World economy is dangerously close to recession, World Bank President warns
The world economy is perilously close to entering a recession, according to World Bank President […]
5 Days banking in Banking Industry
A letter was addressed to IBA by 4 workmen Unions viz. AIBEA, NCBE, NOBW and […]
Deutsche bank and Fiserv launch vert, Germany’s newest payments company
In collaboration with Fiserv, Deutsche Bank launched Vert, which provides small and midsized businesses with […]
Jin yee young appointed head of the international private bank asia pacific
Jin Yee Young has been appointed as Head of the International Private Bank (IPB) Asia […]