RBI Monetary Policy: Repo rate hiked up, GDP, inflation forecast unchanged
Highlights of RBI Monetary Policy:
Governor Shaktikanta Das-led Monetary Policy Committee (MPC) on Friday raised the repo rate by 50 basis points (bps)...
ICICI Bank Imposes UPI Transaction Charges on Payment Aggregators, Raises Fintech Concerns
Introduced charges for UPI payments done through Payment Aggregators (PAs) like Razorpay, PayU, Pine Labs, etc. that help merchants accept digital payments. These charges...
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 FY23 from Rs 460.26 crore in Q2 FY22, Federal...
Indian Business Leaders Predict RBI to Cut Repo Rate Soon: Finds Moneycontrol-Deloitte Survey
A survey by Moneycontrol and Deloitte asked 45 top business leaders in India what they think the Reserve Bank of India (RBI) will do...
IndusInd Bank Board Approves ₹30,000 Crore Fundraising Plan, via Equity and Debt
IndusInd Bank, a private sector bank, announced on Wednesday to raise up to ₹30,000 crore. This will be done in two parts:
₹10,000 crore...
Trump Brings $5 Billion Suit Against JPMorgan, Claiming Politically Motivated Termination of Banking Services
Donald Trump has filed a lawsuit asking for $5 billion against JPMorgan Chase (the largest bank in the United States) and its CEO, Jamie...
Saraswat Bank Announces Merger With New India Co-Operative Bank
Saraswat Co-operative Bank, India’s biggest urban co-operative bank, has announced it will merge New India Co-operative Bank which is currently facing financial distress. This...
ASBA — Application Support By Blocked Amount
ASBA -Application Support By Blocked Amount: In the past few years, the regulator SEBI has been taking many measures to make investing more transparent....
Bank of Maharashtra Shows Strong Financial Performance in (Q2 FY26: July–September 2025)
Bank of Maharashtra is a government-owned bank (Govt. holds 79.60% as of Sept 2025) offering all kinds of banking services—corporate, retail, treasury, etc. The...
Finance Minister met with Public Sector Banks
Today on 25th august Finance Minister Nirmala Sitharaman met with MD and CEO of Public Sector Banks(PSBs). Meeting was scheduled to review the financial...