Over 90% taxpayers may embrace new regime with new slabs: CBDT Chairman
The Budget announcement of zero tax for earnings up to 12 lakh rupees per annum and the rejig of tax…
Category: BANKING
RBI publishes Payment System Report for Dec 2024
The Reserve Bank of India has published the Payment System Report, December 2024. The report analyses the trends in payment…
RBI to inject liquidity into banking system
On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct certain operations to inject…
SBI Research Report ahead of Union Budget 2025-26
India continues to remain the bright spot globally, supported by its strong macro fundamentals and the government should focus on…
Rupee appreciates by 25 paise against US dollar
In the Forex market, the rupee today appreciated by 25 paise to settle at 86 rupees and 33 paise against…
India’s Forex Reserves decline by $8.7 Billion to $625.87 Billion, RBI Data Reveals
India’s foreign exchange reserves declined by 8.7 billion dollars to 625.87 billion dollars in the week ending January 10, the…
RBI issues guideline for banks & Fin institutions on customer credit information
AMN The Reserve Bank of India (RBI) issued directions consolidating various guidelines for banks and financial institutions on reporting customer…
UPI transactions surge to record 16.73 bn in Dec: NPCI
National Payments Corporation of India (NPCI) has said that Unified Payments Interface (UPI) has processed nearly 16.73 billion financial transactions…
Abu Dhabi’s Mubadala Tops Global Sovereign Investments with $29.2 Billion in 2024
Mubadala Investment Company — a sovereign investor — manages a diverse portfolio of assets and investments in the United Arab…
India’s bank asset quality improves as GNPA declines to 2.6% in September 2024
The asset quality of India’s banks has improved further with their gross non-performing assets – GNPA declining to 2.6 per…