Indian Funds In Swiss Banks Grow 50% To Rs 30,000 Crore

New Delhi/Zurich- Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high...

Auto, Home And Personal Loans Become Expensive With Banks Raising Rates

New Delhi- Auto, home and personal loans have become costlier with banks and other financial institutions increasing interest rates following the repo rate hike...

RBI Allows Credit Cards To Be Linked With UPI Platform

Mumbai- The Reserve Bank on Wednesday allowed credit cards to be linked with the unified payments interface (UPI), which will enable more people to...

EMIs To Rise As Reserve Bank Hikes Repo Rate By 50 Bps; 2nd Increase...

Mumbai- Home, auto and other loan EMIs will rise after Reserve Bank of India on Wednesday raised the key interest rate by 50 basis...

No Proposal To Replace Face Of Mahatma Gandhi On Banknotes: RBI

Mumbai- Dismissing reports, the Reserve Bank on Monday said there is no proposal to replace the face of Mahatma Gandhi with that of others...

Need To Make Indian Banks, Currency Important Part Of Int’l Trade, Supply Chain: PM...

New Delhi- Prime Minister Narendra Modi on Monday stressed the need to make India's banks and currency an important part of the international trade...

RBI To Go For Another 0.40% Hike In Rates At Next Week’s Policy Review...

New Delhi- The Reserve Bank is expected to go for another rate hike of 0.40 per cent at the scheduled review of the monetary...

RBI To Pay Rs 30,307 Crore Dividend To Govt For FY22

Mumbai- Reserve Bank of India (RBI) will pay the government Rs 30,307 crore as dividend for the fiscal year ended March 31, down from...

J&K Bank Profit Declines To Rs 112 Cr In Jan-Mar Quarter

Srinagar- Jammu and Kashmir Bank on Thursday reported a net profit of Rs 112.20 crore for the January-March quarter of FY2022 against Rs 315.75...

Here Is Why Mpay Was Not Working Properly

By Muneeb NaqeebAs the government of India visions to transform India into a digitally empowered society “Faceless, paperless, cashless” the digital transactions are going...