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...
State Bank Of India Hits Record High After Profit Rises 55% In June Quarter
New Delhi: The country's largest lender, State Bank of India (SBI), on Wednesday reported net profit of ₹ 6,504 crore in quarter ended June...
RapiPay launches Aadhaar-enabled payment service, micro ATMs in Kashmir
Srinagar: Fintech firm RapiPay on Tuesday announced expansion of its presence in Kashmir with the launch of Aadhaar-enabled payment system (AEPS) and micro ATM...
RBI Seen Holding Rates Low, Clues Awaited On Normalising Liquidity
New Delhi: Nursing an economy recovering after deadly second coronavirus wave, the Reserve Bank of India (RBI) is expected to leave interest rates at...