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Economic Survey: India’s GDP expected to grow between 6.3% and 6.8% in FY26

The Economic Survey of India 2024-25, presented on January 31, 2025, provides an in-depth assessment of the country’s economic performance and forecasts for the...

Intellect to assume digital banking operations of Central 1, Canada

Vancouver (BC), Toronto (ON), Chennai (India), January 23, 2025: Central 1 Credit Union (Central 1) and Intellect Design Arena Ltd. (Intellect) today announced the signing of an agreement in which...

HDFC Bank Reports Q3 FY25 Results: Net Profit Rises 2.2% YoY, over 8% steady growth In NII

India’s largest private sector lender, HDFC Bank, has announced its financial results for the third quarter of FY25, reporting a 2.2% year-on-year (YoY) increase...

RBI cancels Certificate of Registration of X10 Financial Services Limited due to irregular lending practices

The CoR has been cancelled by RBI as the company has violated RBI guidelines on code of conduct in outsourcing of financial services in...

RBI updates FEMA regulation to boost cross-border rupee transactions

To promote the increased use of the Indian Rupee (INR) in trade transactions, the Reserve Bank of India (RBI) introduced the Special Rupee Vostro...

RBI levies monetary penalties on 4 Co-operative Banks for breaching regulatory norms

Mumbai, December 30, 2024: The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for non-compliance with regulatory norms. The...

RBI MPC Update: Repo rate likely to remain unchanged as inflation concerns take precedence

The Reserve Bank of India (RBI) is expected to maintain its key policy repo rate at 6.5% during the Monetary Policy Committee (MPC) meeting...

RBI imposes monetary penalty on The Sathamba People’s Co-operative Bank Ltd

The Reserve Bank of India (RBI) has, by an order dated November 05, 2024, imposed a monetary penalty of ₹50,000 (Rupees Fifty thousand only)...

Poland Boosts Support to the World Bank’s International Development Association, fund for low-income countries

The Government of Poland has pledged to increase its contribution to the World Bank’s IDA by 100% compared to its previous IDA contributions, demonstrating its...

Credit growth to moderate, asset quality pressure to rise: ICRA

Ratings agency ICRA anticipates the slew of regulatory measures and tighter funding conditions in the domestic markets to result in a steady slowdown in...

RBI keeps Repo Rate steady at 6.5%, shifts policy stance to “Neutral”

At the October 9, 2024, meeting of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), the central bank decided to keep the...

IFC Partners with Axis Bank to Provide a $500 million Climate Loan in India

The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution, is partnering with Axis Bank, one...

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AMFI data: The time has come for the large-cap schemes to dominate, says Viraj Gandhi, CEO of SAMCO Mutual Fund

Providing the veiw on AMFI data Viraj Gandhi, CEO of SAMCO Mutual Fund saiid: It seems the down fall in the Assets Under Management...

Ant group recognized as a top 100 Global Innovator 2025

Ant Group has been recognized for the fourth consecutive year as one of the Top 100 Global Innovators 2025 by Clarivate, a global leader...

IndusInd Bank shares rebound around 5% as management provides clarity on future profit generation

IndusInd Bank's shares surged over 5% to ₹694 on Wednesday, recovering from a 26% drop on Tuesday and outperforming peers like Indian Bank, State...

Ola Electric finishes implementation of its Network Transformation and Opex Reduction Program

Ola Electric, India's largest pure-play EV company, today announced that it has successfully finished implementation of its Network Transformation and Opex Reduction Program, a...