FI Index

DICGC to make payments in October to depositors of 17 co-op banks facing RBI...

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The Deposit Insurance and Credit Guarantee Corporation (DICGC) will be making payments to the eligible depositors of 17 cooperative banks, including eight from Maharashtra,...

SBI Hikes MCLR

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MCLR or marginal cost of lending rate is a benchmark interest rate, which is the minimum rate of interest banks are allowed to give...

RBI Releases first Set of Norms for Digital Lending

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The Reserve Bank of India (RBI) on Wednesday said the first set of norms to regulate digital lending and to orderly growth of credit...

Planning for a Small Marriage ceremony on a Budget

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A small wedding can feel like an intimate dream, and it can be a smart way to save money. With...

RBI Monetary Policy: Repo rate hiked up, GDP, inflation forecast unchanged

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Highlights of RBI Monetary Policy: Governor Shaktikanta Das-led Monetary Policy Committee (MPC) on Friday raised the repo rate by 50 basis points (bps)...

People can receive ₹10 lakh without telling authorities after Center modifies FCRA

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Union Home Ministry has amended the Foreign Contribution Regulation Act (FCRA) giving certain relaxations such as allowing relatives to send more money to India...
Cent kranti abhiyan Credit camp

Central Bank of India launches Cent Kranti Credit Camp Abhiyan

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During the ongoing celebrations of Azadi Ka Amrit Mahotsav, Central Bank of India has launched a mega credit campaign CENT KRANTI ABHIYAN with effect...

Adani group wins race to buy Ambuja Cements, ACC for $10.5 bn from Holcim

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Ambuja Cement and ACC Cement from Holcium Group was bought by Adani Group For 82 thousand crores. Adani Group is preparing to raise overseas...

Carlyle and Advent close in on $1 billion stake in Yes Bank

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The effort by Yes Bank to enlist Carlyle and Advent as equity investors for roughly $1 billion has picked up steam, following the proposed...

What is Tokenization and why you should use it

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In a world where online fraud and cyberattacks constantly create hurdles in the adoption of digital payments, therefore to prevent online and digital data...