Banking

GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST Council in its 56th meeting last year had focussed on rate rationalisation and reduction of...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates from potential sharp corrections in AI-related asset valuations which pose contagion risks to global financial...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while maintaining macroeconomic stability. Although the increase in the repo rate will play some part in...

Anup Bagchi named HDFC Bank MD

Following the nod, the bank’s board approved the appointed of Anup Bagchi as Managing Director and Chief Executive Officer. Anup Bagchi is a seasoned financial...

HDFC Bank identifies 2 candidates for MD post

The bank has submitted the names of two candidates in order of preference and the remuneration proposed to be paid to them, for a...

Equitas Small Finance Bank inaugurates new corporate office

Equitas Towers located at Little Mount, Saidapet, Chennai marks a significant milestone in the Bank's continued growth and expansion. The inaguration also marked the...

HDFC MD Sashidhar Jagdishan not to seek another term

In its meeting held on Saturday, HDFC board of directors took note of Sashidhar Jagdishan’s communication to not seek reappointment, the bank said in...

PM Advisory Council pitches for bank mergers

This will help to support the growing credit need of the economy as India strives to be Viksit Bharat by 2047, it said. The report...

UPI completes 10 years

Annual transaction volume expanded from just 1.78 crore transactions in FY 2016-17 to over 24,162 crore transactions in FY 2025-26. Transaction value rose sharply...

RBI MPC hints at rate hikes

Earlier this month, The MPC had voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25 per...

AI can close gaps in financial inclusion: RBI Governor

"We have much at stake –building further on the highly successful Pradhan Mantri Jan-Dhan Yojana (PMJDY), an MSME credit market, still underserved, estimated at...

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GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while...

Rate Cuts are off the table: RBI Governor

The Monetary Policy Committee (MPC) of RBI on Wednesday...

Rising inflation leaves little option for RBI

With central banks across the globe hiking the interest...