BIZ DESK RBI Governor Sanjay Malhotra today emphasised the importance of maintaining stability in a dynamic global environment marked by geopolitical tensions, climate change impacts, and political uncertainties. He said…
AMN Union Finance Minister Nirmala Sitharaman today stated that India’s banking sector, especially Public Sector Banks (PSBs), has seen a remarkable turnaround under Prime Minister Narendra Modi. She hit out…
Outgoing RBI Governor Shaktikanta Das has expressed confidence that under the able leadership of incoming Governor Sanjay Malhotra, the Reserve Bank will effectively tackle any challenges that lie ahead. Addressing…
Malhotra will succeed Shaktikanta Das, who was touted to be given an extension as the central bank governor for a third term, extending his leadership until December 2026. As the…
The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which will enable NRIs to earn more on their savings. The…
AMN The Reserve Bank of India today decided by a majority of 4:2, to keep the policy repo rate unchanged at 6.50 per cent for the eleventh time in a…
– Baroda Mahila Swavalamban is a loan scheme designed especially for Women-led MSMEs with Tailor-Made Financial Solutions for Growth – Baroda Smart OD is a digital overdraft facility, providing quick…
AMNThe Employees’ Provident Fund Organisation (EPFO) has reported a significant increase in its investible corpus, which has more than doubled over the past five years, reaching an impressive ₹24.75 trillion.…
AMN / NEW DELHI The Lok Sabha has passed the Banking Laws (Amendment) Bill, 2024. The Bill seeks to amend the Reserve Bank of India Act, 1934, the Banking Regulation…
The Mahila Samman Savings Certificate Scheme (MSSC) was launched on 31.03.2023 to commemorate the ‘Azadi ka Amrit Mahotsav’ exclusively for the women and minor girls, and so far, 43,30,121 accounts…