AMN Gross non-performing assets of public sector banks have witnessed significant decline in the last five financial years. The NPAs have reduced from 9.11 percent to 2.58 percent between the…
AMN Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), will step down at the end of August 2025, the IMF announced on Monday. She will…
India Emerges as Global Powerhouse in Fast Digital Payments with UPI Leading the Charge: IMFIn a resounding validation of India’s digital revolution, the International Monetary Fund (IMF) has hailed India…
In the Forex market, the rupee today appreciated by 17 paise to close at 85 rupees and 81 paise against the US dollar. The dollar index, which indicates US dollar’s…
R. Suryamurthy India’s retail inflation in June unexpectedly plummeted to its lowest level since January 2019, rekindling speculation about further interest rate cuts by the Reserve Bank of India (RBI)…
AM,N The International Monetary Fund (IMF) note has emphasised that India is making faster payments than any other country in the world because of the massive adoption of Unified Payments…
AMN The Finance Ministry today clarified that no direction has been given to banks to close inactive Pradhan Mantri Jan Dhan accounts. It came in the wake of media reports…
World Bank has placed India among world’s Most Equal Societies. According to the World Bank, India’s Gini Index stands at 25.5, making it the fourth most equal country in the…
The Reserve Bank of India-RBI has removed 1,00,010 crore rupees from the banking system through the seven-day variable rate reverse repo (VRRR) auction held today. RBI in a release said…
R. Suryamurthy Indian universities are rapidly integrating cryptocurrency and digital finance education into their curricula as the country positions itself at the forefront of the global fintech revolution. With India…
