New cash withdrawal rules in ATMs come into force from today
New Delhi: ATMs (Automated Teller Machines) are set to undergo a change from Sunday (August 1) as the new interchange fee that was approved...
SBI waives processing fee on home loans till August-end
New Delhi: The country’s largest lender State Bank of India (SBI) on Saturday announced waiving processing fee on home loans till August-end.Currently, the processing...
RBI’s MPC may keep policy rates unchanged in August: DBS
New Delhi: Singapore-based financial services group DBS believes the monetary policy committee (MPC) of the Reserve Bank of India (RBI) is likely to keep...
ED Arrests Ambience Mall Owner In J&K Bank Loan Fraud Case
Srinagar: The Enforcement Directorate (ED) arrested Raj Singh Gehlot, the owner of Ambience Mall, almost four months after the Anti-Corruption Bureau (ACB) filed a...
Digital payments grew 30.2% in FY21, says RBI
New Delhi: Digital payments have recorded a growth of 30.19 per cent during the year ended March 2021, reflecting adoption and deepening of cashless...
SBI’s Mudra loan NPAs jump to 23% despite Covid restructuring package, collateral-free guarantee
New Delhi: The country's largest state-owned lender State Bank of India (SBI) has seen a huge spurt in non-performing loans (NPAs) at 23 per...
Sebi Exploring Possibility To Allow Special Purpose Acquisition Companies In India
New Delhi: Possibilities of allowing special purpose acquisition companies (SPACs) to function in the country are being studied, Securities and Exchange Board of India...
Six more firms get SEBI’s nod to float IPO
New Delhi: As many as six companies including Aptus Value Housing Finance, CarTrade Tech, and Supriya Lifescience have received capital markets regulator Sebi's go-ahead...
Govt introduces bill to amend insolvency law in LS
New Delhi: Corporate Affairs Minister Nirmala Sitharaman on Monday introduced a bill in the Lok Sabha to replace an ordinance that amended the insolvency...
Rs 5.5 lakh cr of bad debt recovered through reforms such as IBC: Govt
New Delhi: Steps taken by the government such as enacting the Insolvency & Bankruptcy Code (IBC) have helped banks recover around Rs 5.5 lakh...