Tag: Banks

RBI seeks views on steps to secure digital payments

The Reserve Bank of India (RBI) said, "fraudsters are deploying various tactics, such as bogus call centres, deepfake-driven impersonation scams and mule account networks"....

New formula proposed for banks dividend payout

‘Dividend’ means dividend payable on equity shares and includes interim dividend. The aggregate dividend should not exceed 75 per cent of profit after tax for the...

RBI Governor warns of uncertain outlook

The year 2025 was challenging as geopolitical conflicts, trade tensions and persistent policy uncertainty had cast a shadow over the global economy and the...

What led to the repo rate cut

The minutes of the fifty-eighth meeting of the Monetary Policy Committee (MPC) of Reserve Bank of India released on Friday offers interesting insights into...

RBI cuts repo rate by 25 basis points

The repo rate is the interest rate at which the RBI lends money to commercial banks for short-term needs. The decision to cut the...

Scaling Up Security – Pushkar Yeshwant Gokhale, Godrej Security Solutions

Industrial Economist (IE): What are your main product plans for 2026? Pushkar Yeshwant Gokhale (PYG): We are expanding our security portfolio with products tailored to...

Indian Bank’s Q1 net up 24% to ₹2,973 cr

The bank’s net profit grew by 24% to ₹2,973 crore when compared with ₹2,403 crore in the year-ago period, supported by higher income and...

Will banks become obsolete?

Fintechs have made deep inroads into banking and financial services. There is a feeling that over the next few decades it would make traditional...

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