Bank scam has revealed that the bank’s cash vaults in Prabhadevi and Goregaon never actually held the Rs 122 crore flagged as ...

The average spend per transaction was Rs 4,282, showing a 15 per cent YoY decrease, reflecting evolving consumer behaviour ...

According to the information available, the fine has been imposed for non-compliance with its 'know your customer' guidelines ...

Despite continued outflows from Foreign Portfolio Investors (FPIs), the Indian Rupee remained relatively stable, thanks to Reserve Bank of India (RBI) interventions and a benign US dollar, according ...

Despite significant foreign portfolio investor (FPI) outflows in February, the rupee managed to avoid sharp depreciation, ...

The Reserve Bank of India (RBI) has imposed a penalty of Rs1 lakh on Bihar-based Magadh Central Cooperative Bank Ltd for non-compliance with RBI directions on know-your-customer (KYC).

India's IIFL Finance plans to raise up to $150 million by reissuing its 8.75% 2028 dollar-denominated bonds, two sources ...

A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...

The notification, dated February 28, 2025, supersedes a previous SEBI notification from March 31, 2008. It specifies that all non-banking financial companies (NBFCs), including housing finance ...

The Delhi High Court urges the MHA to create SOPs for bank account freezing in cybercrime cases to prevent undue financial ...

The Reserve Bank of India (RBI) will have to cut the Cash Reserve Ratio (CRR) to ease the prevailing liquidity pressure in ...

Here is what Chris Wood of Jefferies says about India's market correction and risks, FII trends, dollar impact on Indian ...