Banking & Finance

Mumbai: ICICI Bank on Tuesday became the sixth Indian company to surpass $100 billion market capitalisation, as its stock surged to an all-time high. During the trading session, ICICI Bank saw an increase of Rs 24,411.6 crore in…

चंडीगढ़ : सिटीजन अवेयरनेस ग्रुप (सीएजी) ने म्यूचुअल फंड और शेयर बाजार के बारे में निवेशकों के लिए एक जागरूकता कार्यक्रम का आयोजन किया। यह कार्यक्रम सिक्युरिटीज एंड एक्सचेंज बोर्ड ऑफ इंडिया (सेबी), एसोसिएशन ऑफ म्यूचुअल फंड्स ऑफ इंडिया…

New Delhi: Canara Bank's official social media handle on X (formerly Twitter) has been hacked. The hacker changed the username of the handle to 'ether.fi'. Currently, Canara Bank's official account (@canarabank) has 2.55 lakh…

New Delhi: Output growth across India's private sector regained growth in June with business activity increasing at quicker rates among manufacturing companies and services firms while hiring of workers shot up to an 18-year high,…

It will probably get notified by early next month,” Rajaraman told a select group of reporters at the BSE headquarters here

Mumbai: The Reserve Bank of India (RBI) has shifted 100 metric tonnes of its gold kept in bank vaults in the United Kingdom to its own vaults in India as there was enough domestic storage capacity and no meaning should be read into it, RBI…

Mumbai: The Reserve Bank of India (RBI) on Friday launched its third global hackathon - 'HaRBInger 2024 - Innovation for Transformation'. The Hackathon invites participants to develop solutions using technology and innovative approaches…

New Delhi: More than Rs 8,000 crore in funds was added on Zerodha's Kite app on the Lok Sabha election results day, according to a chart shared by the brokerage firm’s co-founder and CEO Nithin Kamath on Tuesday. Kamath, in a post on X,…

Ahmedabad: Marking its maiden venture in the financial sector, Adani One on Monday introduced India's first co-branded credit cards with ICICI Bank, along with airport-linked benefits in collaboration with Visa. The cards offer an array…

Mumbai; The Reserve Bank of India (RBI) on Wednesday imposed business restrictions with immediate effect on two Edelweiss Group firms -- ECL Finance Limited and Edelweiss Asset Reconstruction Company Limited, citing material supervisory…

The Securities and Exchange Board (Sebi) on Thursday issued a consultation paper mooting these changes and sought comments from the public by June 13.

MUMBAI: The Reserve Bank has said its central board of directors which met here Wednesday has approved the transfer of a record Rs 2.11 trillion as surplus transfer/dividend payout to the central government for fiscal 2024. This is the…

Meanwhile, the RBI report hints as growing optimism that 'India is on the cusp of a long-awaited economic take-off'.

D Subbaroa's book, Just a Mercenary delves into several unknown chapters of India’s economic policy making.

This is the first interest rate hike on deposits since December last by the bank that controls over a fifth of the system wide funds and liabilities, when it had jacked up the prices by up to 65 bps.

The conference of the urban cooperative banks (UCBs) was the third in a series the monetary authority has been organizing.

Assam leads the region with an Aum of Rs 29,268 crore accounting for nearly 73 per cent of the total AUM of Rs 40,234 crore in March 2024.

The Chennai-based group, began way back in 1974, had been in discussions with many prospective bidders for the sale of Shriram Housing Finance for a few months.

After training the over 3,000 POs and over 8,000 associates with some banking knowledge, they will be channelised into various business roles, according to the management.

It expects a fall in NIMs to 2.8-3 percent, she said, adding that the targets will be reviewed midway through the year.