“The NYSE will respectfully honor President Carter’s lifetime of service to our nation by closing our markets on the National ...

Some states which have declared December 31 a public holiday will have banks closed on Tuesday, that is, there will be bank ...

Fresh accretion of non-performing assets (NPAs) in retail loan portfolios was also dominated by slippages in the unsecured ...

The dollar rose broadly on Monday, holding near a two-year high, while the Japanese yen edged up from five-month lows against ...

The microfinance sector has been grappling with high delinquencies attributed to overleveraging and stress in rural household incomes.

DBS Bank India has appointed Rajat Verma as its new chief executive officer, effective 1 March 2025. Verma, currently serving ...

India’s central bank will need to rethink its foreign exchange strategy and loosen its hold on the rupee in 2025, economists ...

According to a report by the Reserve Bank of India (RBI) released on Monday (30 December), the Indian economy is ...

Mumbai: Indian banks' gross bad loan ratio may rise from a 12-year low if risks emanating from credit quality, interest rates ...

By April 2025, banks must provide a facility to verify beneficiary account names during NEFT and RTGS transactions, as ...

Rajat Verma has been appointed as the new CEO of DBS Bank India, succeeding Surojit Shome in February 2025. Verma, with 27 years of banking experience, has excelled in various sectors. Since joining ...

RBI directed all banks to put in place a facility to enable a remitter to verify the beneficiary bank account name before ...