Monetary policy: RBI dashes early rate-cut hopes, maintains status quo RBI says lending rates not hiked enough

Banking crisis most infamous legacies of UPA government: White paper “Worse, even that high percentage of bad debts was an underestimate,” the paper said

RBI proposes alternate authentication framework, streamlining in AePS Measures to address frauds in the financial system

RBI MPC: Repo rate kept unchanged at 6.5% for sixth consecutive time RBI policy meet: The RBI MPC has also decided to keep its stance of ‘withdrawal of accommodation’ unchanged

RBI cancels licence of Jai Prakash Narayan Nagari Sahakari Bank The RBI has cancelled the licence of Jai Prakash Narayan Nagari Sahakari Bank Basmathnagar, Maharashtra, as the lender, with its present financial position, would be unable to pay its present depositors in full. The Commissioner for Co-operation and Registrar of Cooperative Societies, Maharashtra, has been requested to issue an order ...

UPI payments failing amid server outages; NPCI working with banks Regret inconvenience on UPI connectivity as few of the banks are having some internal technical issues, NPCI said in a statement

HDFC Bank accepts bids worth $750 mn for dollar bond issuances: Bankers Barclays, Bank of America, JP Morgan, MUFG and Standard Chartered are the joint global coordinators and lead managers

FD investors: Final call to book fixed deposits at high interest rates? All eyes on RBI MPC on February 8, 2024 [ad_1] A better-than-expected economic performance despite pressures in some segments of the economy has given the Reserve Bank of India one less reason to worry as it meets this week to review its monetary policy. Shaktikanta Das, Governor of ...

Widows of accident victim & vehicle owner get relief from Supreme Court, motor insurer to pay Rs 13.7 lakh [ad_1] The Supreme Court has ordered IFFCO Tokio General Insurance Co. Ltd to pay a compensation of Rs 13.7 lakh with interest to the family of an individual who died in a road accident in May 2010. The compensation was part ...

Rupee appreciates 2 paise to 83.03 against US dollar in early trade The rupee appreciated 2 paise to 83.03 against the US dollar in early trade on Wednesday supported by positive domestic equities. Moreover, the weakness of the American currency in the overseas market also aided sentiments. At the interbank foreign exchange, the rupee opened at 83.03 against the dollar, ...