Banking

Hero Moto expects mid-to-high single-digit industry growth

“We expect the industry as a whole to deliver mid-to-high single-digit growth during the festival period, and we are seeing that already in the...

FinMin pegs Q2 growth at 7.35%

“India’s growth momentum, by comparison, has held firm. High-frequency indicators spanning industrial output, energy consumption, port traffic, GST collections, and automobile sales recorded stronger...

IndiGo posts Q2 loss, amid higher fuel cost

The company posted net loss of about Rs 1,900 crore in the second quarter, when compared to a loss of Rs 2,582 crore in...

RBI cuts repo rate by 25 basis points

The decision was made during the first Monetary Policy Committee (MPC) meeting of the financial year 2025-26, held from April 7-9.  In a parallel move...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned. The...

United Forum of Bank Unions serves one-day strike notice

Ostensibly, the strike move is to demand, among other things, the following. * Adequate recruitment in all cadres. * Regularisation of all temporary employees. * Implementation of a 5-day...

Unifi Mutual launches hybrid fund

The scheme is ideally suitable for investors looking for low volatile, inflation-beating returns over an investment horizon of two years or more. The new fund...

RBI revises norms for pre-closure charges on certain loans

The apex bank has sought comments on the draft guidelines. "Availability of easy and affordable financing to Micro and Small Enterprises (MSEs) is of paramount importance....

RBI bats for growth, cuts Repo rate

Repo rate is the interest rate at which banks borrow money from the RBI. It is also known as the repurchase agreement rate. The Repo...

Paytm Gate! Glaring Governance Gaps?

It appears that the latest is the culmination of the enquiries that have lasted many months and the bank had been warned of regulatory...

Sense and Sustainability… Pragya Panda, Financial Consultant

In the ever-evolving landscape of the banking sector, 2024 promises to be a revolutionary one. The sector faces ongoing challenges in managing asset quality,...

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Hero Moto expects mid-to-high single-digit industry growth

“We expect the industry as a whole to deliver...

FinMin pegs Q2 growth at 7.35%

“India’s growth momentum, by comparison, has held firm. High-frequency...

IndiGo posts Q2 loss, amid higher fuel cost

The company posted net loss of about Rs 1,900...

Noel Tata retires from Trent

Tata has been associated with the fashion retailer since...

Equitas SFB MD P. N. Vasudevan to quit

“My daughter is the co-promoter of an NBFC which...