Banks Didn’t Trap Us—We Did It to Ourselves: The Untold Story of India’s Debt Explosion
Monish Gosar, a Mumbai-based data scientist, says banks didn’t force anyone—people chose to borrow.
Jun 16, 2025, 17:01 PM IST
Indian Banks To Maintain Stable Asset Quality Despite Global Uncertainty: Moody's
The RBI, under Governor Sanjay Malhotra, has already cut the repo rate twice this year -- from 6.5 per cent to 6 per cent -- and analysts expect another 25 basis point reduction in the upcoming policy.
Jun 03, 2025, 20:18 PM IST
RBI Proposes 10% Cap On RE Investments In Alternative Investment Funds - Details Here
The proposals further state that the RBI may exempt certain AIFs, in consultation with the government, that have been set up for strategic purposes.
May 19, 2025, 20:40 PM IST
RBI Allows NICB Customers to withdraw Rupees 25 thousand
RBI on NICB Bank: There are long queues to withdraw money outside the NICB bank. RBI has allowed to withdraw 25 thousand. See report.
Feb 27, 2025, 13:54 PM IST
Banks To Play Key Role In Attaining $350 Billion Target For Indian Textile Sector
The government has supported more than 47 patents across textile value chain, which needs to be commercialised.
Feb 24, 2025, 11:56 AM IST
Big Budget Relief For Senior Citizens: Tax-Free Interest Income Limit Raised To Rs 1 Lakh, Effective From THIS Date...
Income Tax Slabs Union Budget 2025 For Senior Citizens: Finance Minister Nirmala Sitharaman stated that the limit for tax deduction on interest for senior citizens is being doubled from the present Rs 50,000 to Rs 1 lakh. This revision aims to provide greater relief to depositors by reducing the tax deducted at source on interest income, thereby ensuring higher take-home earnings for individuals, especially senior citizens and small depositors.
Feb 03, 2025, 12:10 PM IST
Sensex Closes Up By 992 Points, Adani Ports, L&T Top Gainers
In the Sensex pack, L&T, SBI, Adani Ports, HDFC Bank, ICICI Bank, Power Grid, Reliance, Kotak Mahindra Bank, TCS, HUL, Axis Bank, NTPC, and UltraTech Cement were the top gainers.
Nov 25, 2024, 16:23 PM IST
FM Sitharaman Meets G20 Expert Group Member Prof Stern On Strengthening Multilateral Development Banks
During the meeting, Finance Minister Sitharaman shared updates on the World Bank's Evolution Agenda, which is actively considering 27 of the 30 recommendations put forth by the G20 Independent Expert Group.
Oct 06, 2024, 09:19 AM IST
Top 8 Largest Banks In The World In 2024
A list of the largest banks in the world in 2024.
Aug 21, 2024, 15:34 PM IST
Bank Holidays In August 2024: Are Banks Open Or Closed This Saturday August 10? Check Here
As per the Reserve Bank of India (RBI), banks will remain closed for regional and national holidays but depending on the state of residence.
Aug 10, 2024, 10:19 AM IST
Banks Need To Deal With Poor Loan Defaulters In Sensitive, Humane Way: FM Nirmala Sitharaman
There have been instances of representatives of banks even indulging in physical violence while trying to recover loan instalments.
Jul 24, 2023, 14:21 PM IST
Credit Card Spending Hits Record High At Rs 1.4 Lakh Crore In May; Cards In Use At 87.4 Million
Similarly, the number of cards in use has also jumped by more than 5 million since January and crossed 87.4 million in the reporting month, making this also an all-time high in May, according to the RBI data. Of the new additions, as much as 2 million were used in the first two months of the current fiscal alone.
Jul 16, 2023, 15:03 PM IST
RBI To Target Unclaimed Money In Banks’ Accounts, FDs From June 1; Check How To Claim It?
Beginning on June 1, 2023, banks will commence their participation in the '100 Days 100 Pays' campaign. This campaign aims to expedite the process of identifying and locating the owners or claimants of unclaimed deposits.
May 20, 2023, 16:08 PM IST
What Will Happen If A Bank Refuses To Exchange / Accept Deposit Of ₹2000 Banknote?
RBI has announced to wtihdraw Rs 2000 denomination notes from circulation. It has requested banks to exchange/ deposit Rs 2000 notes from May 23, 2023.
May 19, 2023, 23:32 PM IST
SBI ATM Franchise Business, icici ATM Franchise Business, pnb ATM Franchise Business, hdfc ATM Franchise Business: Get Rs 70,000 Monthly Income By Investing Rs 5 Lakh Once
With the help of a one-time investment and a third-party business opportunity called ATM-Franchise, you can start earning a respectable monthly income.
Apr 18, 2023, 10:38 AM IST
ATM Franchise Biz Idea: Earn Up To Rs 70,000 Per Month By Investing Rs 5 Lakh Once
For the installation of ATMs in India, the majority of banks have agreements with Tata Indicash, Muthoot ATM, and India One ATM.
Apr 04, 2023, 15:36 PM IST
'Treat Customer As God': MoS Finance To Banks
With regard to Kisan Credit Card (KCC), he urged banks, including BoM for expanding the reach of the KCC scheme to more farmers and ensure time-bound saturation.
Mar 18, 2023, 17:27 PM IST
ATM Franchise Business: Earn Up To Rs 70,000 Per Month By Investing Rs 5 Lakh Once
ATM-Franchise is a third-party business opportunity that gives you an opportunity to earn a handsome monthly income by spending a one-time amount.
Feb 28, 2023, 12:02 PM IST