Banking & finance policies

PFRDA notifies amendments to National Pension System Trust and Pension Fund regulations

22 Feb 2024

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amendments to the regulations governing the National Pension System Trust and the Pension Funds

Goldman Sachs predicts early policy easing by banks in India and Australia following the Federal Reserve's lead

18 Dec 2023

In a surprising turn of events, central banks across the Asia-Pacific region, from India to Australia, are poised to initiate interest rate cuts earlier than initially projected, influenced by the Federal Reserve’s hastened easing cycle, as suggested by Goldman Sachs Group Inc.

SBI hikes MCLR-based interest rates, makes retail loans costlier

16 Dec 2023

The State Bank of India (SBI) on Friday announced a 5-10 basis points increase in its marginal cost of fund-based lending rate (MCLR) for select tenors.

Bank employees clinch 17% annual pay hike; push for 5-day week

10 Dec 2023

A consortium of bank employee unions and the Indian Banks Association (IBA) have reached a consensus on wage revision that provides for an annual increase of 17 per cent in salaries

RBI eases overseas borrowing rules for local companies

01 Dec 2015

Government to issue Sovereign Gold Bonds from 26 November

30 Oct 2015

India needs to open up further for capital account convertibility

18 May 2015

Sound policies, robust regulatory framework promoting a strong and efficient financial sector, and effective systems and procedures for controlling capital flows greatly enhance the move toward convertibility, said RBI executive director G Padmanabhan

Government working on easier credit flow to MSME sector: Kalraj Mishra

19 Nov 2014

States allowed to borrow up to 4 per cent of GSDP in FY'10

24 Nov 2009

IMF cautions Asian economies against export-led growth

06 Jun 2007

Monetary Policy 2004 - 05, Mid term review

By Our Economy Bureau | 26 Oct 2004

Focuses on continuity

By Milind Barve | 04 Nov 2003

Norms for NBFCs modified

By For the purpose of encou | 04 Aug 2003

Parliamentary panel repeals Act to convert IDBI into a bank

By Mumbai: | 29 Jul 2003

Interest rates on crop loans cut

By Our Economy Bureau | 17 Jul 2003

PF defaulters to be blacklisted

By Our Economy Bureau | 10 Jul 2003

Jaswant Singh launches interest rate derivatives trading on NSE

By Our Markets Bureau | 25 Jun 2003

Indian resident can now open resident foreign currency A/C

By Our Banking Bureau | 10 Jun 2003

RBI fixes individual money transfer services limit at $2,500

By Our Banking Bureau | 05 Jun 2003

Return of bank capital: Govt yet to take a decision on pricing

By Our Banking Bureau | 31 May 2003

Regulatory exemptions granted to cooperative banks to go

By Our Banking Bureau | 26 May 2003

Fiscal Responsibility and Management Bill passed

By Our Economy Bureau | 08 May 2003

Monetary Policy 2003-04: Highlights

By Our Banking Bureau | 29 Apr 2003

Industrial incentives to continue in VAT regime, decides panel

By Our Economy Bureau | 24 Apr 2003

Credit policy highlights: Bank Rate cut to 6.25 per cent

By Our Banking Bureau | 29 Oct 2002

Featured articles

Lighter than air, yet very, very powerful

By Kiron Kasbekar | 03 Jan 2024

In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!

COP28 explained: A closer look at COP28's climate change solutions

By Aniket Gupta | 27 Dec 2023

The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.

What is a Ponzi scheme?

By Aniket Gupta | 06 Dec 2023

Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.

The Rise and Rise of HDFC Bank

03 Jul 2023

HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp

India’s Millet Revolution To Enrich Global Food Basket

02 Apr 2023

Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent 

Market predator Hindenburg preys on Adani stock

06 Mar 2023

Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation