Blog

Jammu and Kashmir to Kerala, SBI executives are at every corner office From Jammu & Kashmir Bank’s managing director (MD) and chief executive officer (CEO) Baldev Prakash to JK Shivan, MD and CEO of Dhanlaxmi Bank, and PVSLN Murty, North Eastern Development Finance Corporation’s chairman and MD — SBI executives are occupying the corner office across the length and ...

RBI launches key household surveys to get inputs for monetary policy Reserve Bank of India on Tuesday launched the next round of household surveys to capture inflation expectations and consumer confidence. The results of the survey provide useful inputs for monetary policy, the central bank said. The September 2022 round of Inflation Expectations Survey of Households ...

Rupee surges to end at 79.46 vs dollar as MSCI rebalancing spurs inflows The rupee notched up hefty gains versus the dollar on Tuesday as the MSCI’s quarterly index rebalancing resulted in a gush of inflows into Indian markets, dealers said. The aggressive defence of the rupee by the Reserve Bank of India in the face of ...

Credit card spends touch all-time high of Rs 1.16 trillion in July Credit card spends touched an all-time high of Rs 1.16 trillion in July, registering a growth of 6.5 per cent on a month-on-month basis and 54 per cent year-on-year, latest data put out by the Reserve Bank of India revealed. Spends have topped the Rs 1 trillion ...

Pension Scheme: Rs 5000 guaranteed pension scheme closing soon for taxpayers: Should you invest? [ad_1] The government has barred income taxpayers from joining the Atal Pension Yojana (APY) from October 1, 2022. The announcement was made via a notification dated August 10, 2022. The scheme offers a guaranteed pension from the age of 60. The minimum and maximum pension an ...

Rupee marks biggest gain in one year on strong foreign inflows The Indian rupee notched its biggest one-day gain in a year on Tuesday against a wobbly dollar as local equities saw a rush of foreign investor inflows. The partially convertible rupee surged 0.6% to 79.45 in its best session since Aug. 27, 2021. The currency had ...

RBI plans registry to save you from digital frauds [ad_1] (This story originally appeared in on Aug 30, 2022) NEW DELHI: Following a spurt in cases, the RBI is planning to set up a “fraud registry” to create a database of websites, phone numbers, email ID and IP addresses used in digital frauds to protect the interests of consumers, while ...

Finance Ministry to review credit flow in meeting with PSBs today Finance Ministry to review credit flow in meeting with PSBs today The department will also take stock of public sector banks’ asset quality and focus on large bad loans, implementation of the Centre’s various schemes, and the lenders’ plan to raise capital The ...

Ways to check pension status on EPFO portal [ad_1] Ways to check pension status on EPFO portal [ad_2]

Govt likely to invite preliminary bids for IDBI Bank stake sale next month The government is likely to invite preliminary bids for selling a stake in IDBI Bank next month and the discussions with the RBI are at the final stages, an official said. “There are still some pending issues that need to be discussed with the ...