RBI’s financial inclusion index shows growth across all segments in FY25
AMN / BIZ DESK The Reserve Bank of India has informed that the Financial Inclusion Index of the FI index…
Category: BANKING
Gross non-performing assets of Public Sector Banks decline by over 6.5% in last 5yrs
AMN Gross non-performing assets of public sector banks have witnessed significant decline in the last five financial years. The NPAs…
Gita Gopinath to Step Down as IMF’s No. 2, Return to Harvard
AMN Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), will step down at the end…
India Emerges as Global Powerhouse in Fast Digital Payments with UPI Leading the Charge: IMF
India Emerges as Global Powerhouse in Fast Digital Payments with UPI Leading the Charge: IMFIn a resounding validation of India’s…
Rupee appreciates by 17 paise to close at 85.81 paise against US dollar
In the Forex market, the rupee today appreciated by 17 paise to close at 85 rupees and 81 paise against…
Disinflation Deepens in India: June CPI at 2.1%, Debate Over RBI’s Next Move Intensifies
R. Suryamurthy India’s retail inflation in June unexpectedly plummeted to its lowest level since January 2019, rekindling speculation about further…
India making fastest payments globally due to massive UPI adoption: IMF
AM,N The International Monetary Fund (IMF) note has emphasised that India is making faster payments than any other country in…
No directions to Banks to close inactive PM Jan Dhan accounts-FM
AMN The Finance Ministry today clarified that no direction has been given to banks to close inactive Pradhan Mantri Jan…
World Bank ranks India 4th among the world’s Most Equal Societies
World Bank has placed India among world’s Most Equal Societies. According to the World Bank, India’s Gini Index stands at…
RBI withdraws ₹1 lakh crore via VRRR auction amid surplus liquidity
The Reserve Bank of India-RBI has removed 1,00,010 crore rupees from the banking system through the seven-day variable rate reverse…