Reserve Bank allows HDFC Bank to sell new credit cards

New Delhi: HDFC Bank on Wednesday said RBI has relaxed the restrictions placed on the bank to issue new cards. Reserve Bank of India had...

SBI announces special offers on car, gold loans

New Delhi: State Bank of India (SBI) on Monday announced multiple offers for its retail customers. As part of Azadi ka Mahotsav, the government’s...

J&K Bank posts net profit of Rs 104 Cr for Q1

Srinagar:  Building further upon its strong annual performance, J&K Bank posted a Net Profit of Rs 104.32 Cr for the first quarter (Q1) of...

SBI MF rolls out Balanced Advantage Fund with unique withdrawal feature; check out details

New Delhi: SBI Mutual Fund has launched its Balanced Advantage Fund (BAF) with a unique withdrawal facility - SWP (Automated) or SWP (A) -...

RBI to penalise banks for non-availability of cash in ATMs from Oct 1

Mumbai: Concerned over the inconvenience caused to the public due to the non-availability of cash in ATMs, the Reserve Bank has decided to penalise...

Parliament passes DICGC amendment bill

New Delhi:  The Lok Sabha on Monday passed a bill that seeks to ensure that account holders will get up to Rs 5 lakh...

Indian bankers in talks as SC’s verdicts threaten over $6 bn in loans

New Delhi: Informal talks are taking place to deal with the fall-out from two rulings by India's Supreme Court that threaten the repayment of...

RBI keeps policy rate unchanged for 7th time in a row; repo retained at...

Mumbai: The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative...

Sebi’s refund to Sahara investors inches up to Rs 129 cr; Balance in repayment...

New Delhi: Capital markets regulator Sebi has managed to refund Rs 129 crore to investors of two Sahara companies in nearly nine years after...

RBI’s MPC begins deliberations; likely to maintain status quo on interest rate

Mumbai: The RBI's rate-setting panel MPC began its three-day deliberations on Wednesday to finalise the bi-monthly monetary policy amid expectations that it may opt...