Banks Follow RBI’s Signal; Hike Lending Rates

New Delhi- Hours after RBI's move to increase repo rate by 35 basis points, a number of lenders, including Bank of India and HDFC...

EMIs To Rise As RBI Hikes Interest Rate Again Albeit At A Slower Pace

Mumbai- The RBI on Wednesday expectedly slowed the pace of increase in borrowing costs in signs that rates may be nearing the peak, even...

Banks Should Not Ask For Verification At Branch Level If Customer Does e-KYC: RBI

  Mumbai- The Reserve Bank on Wednesday said banks should not ask for verifications/updates at the branch level in case a customer has done e-KYC...

RBI Hikes Lending Rate By 35 Bps To 6.25%; Home, Auto Loans To Be...

Mumbai- The Reserve Bank on Wednesday expectedly raised the benchmark lending rate by 35 basis points (bps) - the fifth increase since May -...

RBI Likely To Moderate Interest Hike: Experts

New Delhi- After three back-to-back 50 basis points hike in interest rates, the Reserve Bank may opt for a lower rate increase of 25-35...

Bank Credit Grows At 17.2% In Sep Quarter: RBI Data

Mumbai- Bank credit growth improved to 17.2 per cent in the September quarter 2022 from 7 per cent in the year-ago period, reflecting pick-up...

CS Complements RBI’s Efforts For Ensuring A Strong Financial Ecosystem In J&K

Mehta inaugurates Diamond Jubilee celebrations of RBI Jammu JAMMU- Chief Secretary, Dr Arun Kumar Mehta Monday inaugurated the celebrations of Diamond Jubilee function of Reserve...

J&K Bank Doing A Commendable Job: MoS Finance Dr. Karad

Inaugurates 3 branches, 4 ATMs; Hands over sanction letters to aspiring entrepreneurs, micro-ATMs to Digi Pay Sakhis SRINAGAR- I feel delighted to be part of...

J&K Bank Share-Price Rises To 52-Week High

SRINAGAR- In a significant spike today J&K Bank share touched its 52 week-high price at Rs 45.45 on NSE & BSE. The scrip eventually...

RBI Governor Asks Bankers To Be Watchful Of Evolving Macroeconomic Situation

New Delhi- Amid global turmoil, Reserve Bank Governor Shaktikanta Das on Wednesday asked bankers to remain watchful of the evolving macroeconomic situation and take...