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…
Category: BANKING
Indian banks’ profitability improves for 6th consecutive year
BIZ DESK The profitability of Indian banks improved for the sixth consecutive year in 2023-24 and their non-performing assets (NPAs)…
RBI sets up 8-member panel on ethical use of AI
AMN / WEB DESK\\ The Reserve Bank of India (RBI) has constituted a high-level expert panel to develop a framework…
NRI remittances surge to record 11.9 billion dollars in April to October, says RBI
WEB DESK Capital flow into Non-Resident Indian, NRI, deposit accounts surged 11.9 billion dollar in April-October during the current financial…
More than 54 cr zero-balance bank accounts opened under PMJDY
AMN Minister of State for Corporate Affairs Harsh Malhotra Friday said more than 54 crore zero-balance bank accounts have been…
Sanjay Malhotra Takes Charge as RBI Governor, Stresses Stability Amid Global Challenges
BIZ DESK RBI Governor Sanjay Malhotra today emphasised the importance of maintaining stability in a dynamic global environment marked by…
India’s banking sector, especially PSBs has seen remarkable turnaround: FM Sitharaman
AMN Union Finance Minister Nirmala Sitharaman today stated that India’s banking sector, especially Public Sector Banks (PSBs), has seen a…
Outgoing RBI Governor Shaktikanta Das expresses confidence in new Governor Sanjay Malhotra
Outgoing RBI Governor Shaktikanta Das has expressed confidence that under the able leadership of incoming Governor Sanjay Malhotra, the Reserve…
Sanjay Malhotra appointed as new RBI Governor
Malhotra will succeed Shaktikanta Das, who was touted to be given an extension as the central bank governor for a…
RBI hikes interest rates on NRI foreign currency deposits
The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which…