Regional Rural Bank combines exempted from CCI Approval

Regional Rural Bank combines...

The government has decided to exempt mergers of regional rural banks (RRBs)...

Nirmala Sitharaman meets World Bank President Ajay Banga

Finance Minister Nirmala Sitharaman met World Bank Group President Ajay Banga and discussed the deepening of partnership to secure tangible outcomes at the...

Government asks banks to provide mobility-enabled cards

The government has requested banks to assure that all new cards and reissues of old cards have the National Common Mobility Card (NCMC) as a default choice...

Credit Card Spending Popular Record High at Rs 1.4 Lakh Crore

Credit card spending hit a record rich of Rs 1.4 lakh crore in May, the latest data from the Reserve Bank of India revealed. The total spending or outstanding dues on credit cards, which remained range-bound all through the year...

India-Indonesia Economic and Financial Dialogue launched at G20 Finance Minister's meet

Finance Minister Nirmala Sitharaman and her Indonesian counterpart Mulyani Indrawati announced the launch of the “India–Indonesia Economic and Financial Dialogue” (EFD Dialogue). The platform, unveiled during the G20 Finance Ministers...

France obtains India's UPI, and tourists may make payments in Rupees: PM Modi

France obtains India's UPI, and tourists may make...

India's Unified Payments Interface (UPI) system for payment will soon be...

Growth in credit and high-cost deposit for banks in Q1: BNP Paribas India

Growth in credit and high-cost deposit for banks in Q1:...

The Indian banking sector logged volume growth and not in margins owing to...

RBI Governor asks banks to remain vigilant amid adverse global scenario

RBI Governor asks banks to remain vigilant amid adverse...

Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday told chiefs...

SBI selected Abhijit Chakravorty as SBI Card's CEO

Abhijit Chakravorty will be the new managing director and chief executive of SBI Cards and Payment Services Ltd (SBI Card) from August 12, 2023. He will succeed present MD&CEO Rama Mohan Rao Amara, who will move back to promoter...

Shriram Housing Finance increases $50 million in its maiden external commercial borrowing

Shriram Housing Finance has obtained $50 million in its maiden external commercial borrowing (ECB) as the lender is seeking to diversify its funding source. Funds from the ECB will be used for the financing of affordable housing...

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