Banks general
RBI sets up rupee payment mechanism for global trade
18 Jul 2022
The rupee payment mechanism is intended to promote growth of exports from India and to support the increasing interest of global trading community in the Indian currency, RBI stated
RBI hikes repo rate by 50 bps to 4.90% as inflation starts to bite
08 Jun 2022
RBI said it would remain focused on withdrawal of an accommodative monetary policy to ensure that inflation remains within the target going forward, while supporting growth
HDFC Bank Q4 net vaults over 10% to Rs10,055 cr
18 Apr 2022
Net interest income (NII) of Rs18,872.70 crore, for the quarter ended 31 March 2022, was up 10.24 per cent year-on-year and up 2.3 per cent sequentially
RBI keeps repo rate unchanged, launches SDF to absorb excess liquidity
09 Apr 2022
Simultaneously, RBI announced the activation of the Standing Deposit Facility (SDF), which will help the central bank absorb liquidity (deposits) from commercial banks without giving government securities in return to the banks
HDFC Q2 net profit up 32% at Rs3,780.5 cr
05 Nov 2021
RBI keeps policy repo rate unchanged at 4%
11 Oct 2021
RBI said it would continue an accommodative monetary policy while keeping the objective of achieving the medium-term target for consumer price index (CPI) inflation within the 4 (+/-) 2 per cent band
RBI keeps policy repo rate unchanged at 4%
09 Aug 2021
RBI has injected additional liquidity of Rs40,000 crore in Q2 of 2021-22 so far under the secondary market government securities acquisition programme and will be conducting open market purchase of G-secs of Rs25,000 crore on 12 August 2021 to address liquidity concerns
India emerges 5th largest forex reserves holder with $608.99 bn of foreign currency holding
19 Jul 2021
HDFC Bank Q1 net profit up 16.1% at Rs7,729.6 cr
19 Jul 2021
Centrum Financial Services gets `in-principle’ approval for setting up small finance bank
28 Jun 2021
Jet Airways to fly again
23 Jun 2021
The Kalrock-Jalan consortium is believed to have offered to repay Rs1,183 crore over a period of five years and a 9.5 per cent stake in Jet Airways and 7.5 per cent stake in Jet Privilege to financial creditors against claims of over Rs15,000 crore from various creditors, including Rs5,776 crore by 13 domestic banks and financial institutions led by SBI
Latest articles
Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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.
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