RBI’s MPC begins deliberations; likely to maintain status quo on interest rate
Mumbai: The RBI's rate-setting panel MPC began its three-day deliberations on Wednesday to finalise the bi-monthly monetary policy amid expectations that it may opt...
State Bank Of India Hits Record High After Profit Rises 55% In June Quarter
New Delhi: The country's largest lender, State Bank of India (SBI), on Wednesday reported net profit of ₹ 6,504 crore in quarter ended June...
RapiPay launches Aadhaar-enabled payment service, micro ATMs in Kashmir
Srinagar: Fintech firm RapiPay on Tuesday announced expansion of its presence in Kashmir with the launch of Aadhaar-enabled payment system (AEPS) and micro ATM...
RBI Seen Holding Rates Low, Clues Awaited On Normalising Liquidity
New Delhi: Nursing an economy recovering after deadly second coronavirus wave, the Reserve Bank of India (RBI) is expected to leave interest rates at...
New cash withdrawal rules in ATMs come into force from today
New Delhi: ATMs (Automated Teller Machines) are set to undergo a change from Sunday (August 1) as the new interchange fee that was approved...
SBI waives processing fee on home loans till August-end
New Delhi: The country’s largest lender State Bank of India (SBI) on Saturday announced waiving processing fee on home loans till August-end.Currently, the processing...
RBI’s MPC may keep policy rates unchanged in August: DBS
New Delhi: Singapore-based financial services group DBS believes the monetary policy committee (MPC) of the Reserve Bank of India (RBI) is likely to keep...
ED Arrests Ambience Mall Owner In J&K Bank Loan Fraud Case
Srinagar: The Enforcement Directorate (ED) arrested Raj Singh Gehlot, the owner of Ambience Mall, almost four months after the Anti-Corruption Bureau (ACB) filed a...
Digital payments grew 30.2% in FY21, says RBI
New Delhi: Digital payments have recorded a growth of 30.19 per cent during the year ended March 2021, reflecting adoption and deepening of cashless...
SBI’s Mudra loan NPAs jump to 23% despite Covid restructuring package, collateral-free guarantee
New Delhi: The country's largest state-owned lender State Bank of India (SBI) has seen a huge spurt in non-performing loans (NPAs) at 23 per...