banking
- Business
RBI steps to boost liquidity in banking system are smart, pragmatic: SBI
Mumbai: More changes in the RBI Liquidity Management Framework are likely after the daily dynamic VRR has been taken as the first step to manage liquidity in the banking system, according to…
- Telangana
493 APGVB branches to merge with Telangana Grameena Bank starting 2025
Hyderabad: The Telangana Grameena Bank (TGB) chairman, Y Shobha, announced that all 493 branches of the Andhra Pradesh Grameena Vikas Bank (APGVB) located in Telangana will merge into TGB starting January 1,…
- Technology
Freo achieves profitability, records Rs 350 cr revenue in FY24
New Delhi: Digital banking platform Freo on Monday said it has achieved profitability and reported gross revenue of Rs 350 crore for FY24. The company mentioned that it has been profitable for…
- India
UPI services affected as many banks face technical issues
Hyderabad: The UPI (Unified Payments Interface) services faced disruptions on Tuesday evening as several banks encountered internal technical issues, as confirmed by the National Payments Corporation of India (NPCI). Expressing regret for…
- Technology
Neobanking startup Muvin winds up operations: Report
New Delhi: Neobanking startup Muvin has reportedly shut down its operations, as per a Reserve Bank of India (RBI)’s directive to stop using Unified Payments Interface (UPI) in a co-branding arrangement. A…
- Hyderabad
Hyderabad: Alliantgroup to create 9000 jobs in BFSI sector
Hyderabad: Alliantgroup is going to rev up the Banking, Financial Services, and Insurance (BFSI) sector of Hyderabad with potential employment opportunities for 9,000 people. Telangana IT minister KT Rama Rao announced on…
- World
US Fed, undaunted by recent banking problems, raises interest rate
Washington: The US Federal Reserve on Wednesday raised interest rate by 25 basis points, which is modest compared to previous hikes aimed at curbing inflation but came amidst uncertainty about the banking…
- Hyderabad
Gold rates in Hyderabad, other cities cool down after reaching all-time high
Hyderabad: Providing a much-needed relief to the gold buyers, the yellow metal rates today dipped in Hyderabad and other cities. Yesterday it reached an all-time high due to the banking crisis in…
- India
Status of 2-day nationwide bank strike will be known on Jan 27
Chennai: The status of the two-day strike announced by the bank unions will be known on January 27 when another round of conciliation meeting between the unions and the management will be…
- Stock Market
Sensex, Nifty rise for 2nd day as banking, metal shares shine
Mumbai: Benchmark stock indices Sensex and Nifty closed higher for a second straight day on Tuesday on gains in banking, IT and metal shares following a firm trend in the global markets.…
- Pakistan
Pakistan to move away from interest-based banking system
Islamabad: In a sudden decision, the Pakistan government on Wednesday announced that it will move ahead to establish an interest-free, Islamic banking system and withdraw in the coming days appeals filed against…
- Business
RBI lifts business curbs imposed on American Express Banking Corp
Mumbai: The Reserve Bank of India (RBI) has lifted the business restrictions imposed on American Express Banking Corp due to the satisfactory compliance demonstrated by the entity to RBI rules, the central…
- India
SBI WhatsApp Banking: Here’re steps to register for the service
Mumbai: The State Bank of India (SBI) has recently launched a WhatsApp Banking service. The service let the account holders view their bank balance, get mini statements, etc. However, the service can…
- Business
Nifty Bank index up over 11% so far this year
Mumbai: Nifty Bank, which is comprised of the most liquid and large capitalised Indian banking stocks, is up 11.76 percent so far this year due to robust earnings growth of banks, return…
- Photos
RBI Governor at BoB banking conference
Mumbai: RBI governor Shaktikanta Das speaks at the annual banking conference on ‘Banking Beyond Tomorrow’ organised by Bank of Baroda in Mumbai, Friday, July 22, 2022. (PTI Photo/Shashank Parade) Mumbai: RBI governor…
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