Staff Reporter India has raised strong concerns with the Asian Development Bank (ADB) regarding the potential misuse of financial assistance provided to Pakistan, cautioning that such resources could be diverted…
R. Suryamurthy India’s banking sector remains well-insulated from global economic turbulence, thanks to strong domestic macroeconomic fundamentals, Moody’s Ratings said in its latest report released on June 3, 2025. The…
AMN In view of the extensive changes introduced in the notified Income Tax Returns (ITRs) and considering the time required for system readiness and rollout of ITR utilities for Assessment…
Board of Directors of Reserve Bank of India (RBI) has approved a record transfer of over 2.68 lakh crore rupees as surplus to Central government for the financial year 2024-25.…
AMN The Central Board of Directors of the Reserve Bank of India (RBI) has approved a record transfer of over 2.68 lakh crore rupees as surplus to the Central Government…
The Reserve Bank of India (RBI) has levied fines on Union Bank of India and Transactree Technologies Pvt Ltd for breaching regulatory norms. Union Bank was fined 63.60 lakh rupees…
Staff Reporter / New Delhi India Post Payments Bank (IPPB), a Government of India undertaking and Aditya Birla Capital Limited (‘ABCL’), India’s leading diversified financial service company has announced their…
Minister for Finance and Corporate Affairs Nirmala Sitharaman today directed all banks to remain fully alert and prepared to deal with any eventuality or crisis, ensuring uninterrupted access to banking…
Reserve Bank of India has relaxed norms for foreign portfolio investors, FPIs investing in corporate debt securities through the general route. In a notification, RBI announced that FPIs will no…
India’s goods and services tax (GST) collections surged by 12.6 percent to an all-time high of 2.37 lakh crore rupees in April in comparison to the same month last year.…
