The Reserve Bank of India (RBI) has asked the National Payments Corporation of India (NPCI) to develop a facility to allow ...

Fresh accretion of non-performing assets (NPAs) in retail loan portfolios was also dominated by slippages in the unsecured ...

Net claims of non-residents on India declined by USD 19.8 billion during the second quarter of the current financial year to ...

India's financial sector is positioned strongly as it enters 2025, marked by robust earnings, low impaired assets, and strong ...

India’s central bank will need to rethink its foreign exchange strategy and loosen its hold on the rupee in 2025, economists ...

Business enterprises must operate and adopt fitting ERM strategies amid the evolving risk environment to grow, thrive, and ...

According to a report by the Reserve Bank of India (RBI) released on Monday (30 December), the Indian economy is ...

RBI approves Rajat Verma as new CEO of DBS Bank India, succeeding Surojit Shome, with extensive banking experience.

Mumbai: Indian banks' gross bad loan ratio may rise from a 12-year low if risks emanating from credit quality, interest rates ...

By April 2025, banks must provide a facility to verify beneficiary account names during NEFT and RTGS transactions, as ...

The non-banking financial sector remains healthy, bolstered by robust capital buffers, strong interest margins, and improving ...

Gone are the days when one would wonder if they have entered the correct name of recipient, or IFSC code while making an RTGS or NEFT transaction.