Falaknaaz Syed, Deccan Chronicle

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SBI cuts lending and deposit rates

SBI cuts lending and deposit rates

Following the Reserve Bank of India’s (RBI) repo rate cut, the country's largest lender State Bank of India (SBI) has...

14 April 2025 7:01 PM

Lodha Brothers Resolve Trademark Dispute

Lodha Brothers Resolve Trademark Dispute

Abhishek and Abhinandan Lodha resolve trademark row; Macrotech keeps exclusive rights to ‘Lodha’ brand, HoABL to operate...

14 April 2025 5:06 PM

RBI’s Proposed Gold Loan Norms Give Banks an Edge over NBFCs

RBI’s Proposed Gold Loan Norms Give Banks an Edge over NBFCs

Reserve Bank of India’s (RBI) proposed norms on gold lending will slow down the Rs 7.1 lakh crore (FY24) organized gold...

13 April 2025 5:58 PM

I cannot foresee future, says Gov

I cannot foresee future, says Gov

Governor highlighted that this growth projection comes after a strong performance of 9.2 per cent growth recorded in the...

9 April 2025 5:18 AM

UPI, PoS, mobile payments drive digital payments in 2H says Worldline Report

UPI, PoS, mobile payments drive digital payments in 2H says Worldline...

UPI drives record digital payment growth in 2H 2024: Worldline Report

2 April 2025 6:46 PM

NPCI blames UPI outage to year end transaction rush

NPCI blames UPI outage to year end transaction rush

UPI faced a major disruption on the evening of March 26, 2025, with thousands of users unable to complete payments or...

1 April 2025 6:23 PM

RBI to focus on customer service, financial inclusion says RBI Gov

RBI to focus on customer service, financial inclusion says RBI Gov

Governor Malhotra said the RBI’s adoption of new technologies and modern regulations will be guided by values of...

1 April 2025 4:30 PM

Yes Bank receives IT demand notice, Indigo gets tax penalty

Yes Bank receives IT demand notice, Indigo gets tax penalty

Private lender Yes Bank has received a tax demand notice of Rs 2,209 crore for the assessment year 2019-20.

30 March 2025 6:33 PM

ATM Transaction Cost to Go Up by Rs 2 to Rs 23 From May 1

ATM Transaction Cost to Go Up by Rs 2 to Rs 23 From May 1

The RBI, in its notification, said that the ATM interchange fee—the charge a bank pays to another bank for offering ATM...

28 March 2025 8:45 PM

RBI Forex Swap Worth $10 Bn Oversubscribed, Re Closes Stronger

RBI Forex Swap Worth $10 Bn Oversubscribed, Re Closes Stronger

The RBI set the swap’s cutoff premium at Rs 5.86, lower than the Rs 6.55 set for a similar-sized and duration auction...

24 March 2025 6:00 PM

LIC to acquire ‘substantial’ stake in pure health insurer, announcement likely by March 31

LIC to acquire ‘substantial’ stake in pure health insurer,...

Public sector behemoth Life Insurance Corporation of India (LIC) is in the final stage of discussions to acquire a...

18 March 2025 4:54 PM

RBI Governor asks lenders to improve customer grievance redressal

RBI Governor asks lenders to improve customer grievance redressal

The Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday exhorted banks to provide services efficiently to...

17 March 2025 7:18 PM