Google Pay UPI has urged its users not to share their personal information like PIN, SMS OTP, debit card details, etc. with anyone

HDFC Bank cuts MCLR: The bank has stated that the latest rates will be applicable from December 7

Saudi Aramco raises $25.6 billion in largest-ever IPOSaudi Arabia's state oil company Aramco raised $25.6 billion in its initial stock offering on Thursday. The amount raised has broken the record of Chinese online giant Alibaba's $25 billion-debut on the Wall Street in 2014. The market launch has spiked Saudi Aramco's value at $1.7 trillion. It is now way ahead of the other contenders in the trillion-dollar club.'I condemn this approach': FM Sitharaman says her onions remark take...

RBI Deputy Governor MK Jain said that they are still identifying the reasons and will look into what they can give as directions to the banks

Post the debacle of PMC Bank, there was a view that RBI should nudge cooperative banks to transform into SFBs. Under the SFB guidelines, the UCBs require a net worth of Rs 50 crore and capital adequacy of 9%

As much as Rs 1,05,599 crore was given towards new term loans while Rs 46,800 crore was disbursed as new working capital loans, the Department of Financial Services said in a statement

These tweets and warnings come after scores of Paytm users registered complaints with the company's cyber cell and the RBI ombudsman over fraudulent claims

Alternative messaging platforms like Telegram and Signal are cashing in on the opportunity, and have seen a significant rise in the number of downloads in India

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PMC Bank scam: HDIL promoters write to ED, RBI, FinMin; urge them to sell attached assets to repay loansIn the latest development in the Punjab and Maharashtra Co-operative Bank scam, HDIL promoters and prime accused Rakesh Wadhawan and Sarang Wadhawan, have requested investigating agencies to sell their attached assets at fair market value, monetise them and repay loans availed of by HDIL from PMC Bank. The letter dated October 16 has also been marked to the Ministry of Finance a...

GDP figures were worse than predicted, says RBI Governor Shaktikanta DasThe Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday that India's gross domestic production (GDP) growth at 5 per cent came as a surprise and was much lower than anticipated. The RBI Governor said that bringing back the economy on growth trajectory should be the highest priority of the government. Last week, International Monetary Fund (IMF) had said that India's economic growth is \"much we...

As many as 1,197 cases of cheating involving Rs 12,012.77 crore were detected in SBI in the first quarter, says the RBI reply

The app will also generate \"audio notification\" intimating the currency note denomination to the user if image is captured correctly, else intimating the user to try again in case of image is not readable

How to manage your money better by using latest apps and other digital upgrades

Allahabad Bank hit by fraud of Rs 688 crore by SEL ManufacturingState-owned Allahabad Bank said it has been hit by a fraud of Rs 688.27 crore by SEL Manufacturing and the matter is before the National Company Law Tribunal.Last week, the Kolkata-headquartered lender had disclosed to the RBI about a fraud of Rs 1,774.82 crore by Bhushan Steel and Power Ltd., alleging diversion of funds from banking system by the company.Bill Gates no longer 2nd richest person in world; Jeff Bezos rema...