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…
Category: BANKING
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…
Rising Crypto Literacy: Indian Campuses Become Hotbeds for Blockchain Learning
R. Suryamurthy Indian universities are rapidly integrating cryptocurrency and digital finance education into their curricula as the country positions itself…
Indian Bank waives off Minimum Balance Charges on Savings Accounts
Chennai In a significant customer-centric initiative, Indian Bank has announced the complete waiver of minimum balance charges across all Savings Bank accounts, effective…
SBI Complete 70 years of service; FM Sitharaman congratulates
Union Finance Minister Nirmala Sitharaman has congratulated the State Bank of India (SBI) on completing 70 years of service today.…
RBI Flags Global Risks, Reaffirms India’s Role as Growth Engine
Mumbai, 30 June 2025 — Despite facing a turbulent global economic landscape, India remains a key engine of global growth,…
India launches First Maritime NBFC -Sagarmala Finance Corporation Limited (SMFCL)
Staff Reporter Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, today inaugurated India’s first Non-Banking Financial Company-NBFC in the…