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PTI
April 19, 2021
Securitisation volumes in January-March surged to around Rs 40,000 crore, the highest in all the quarters of the 2020-21 fiscal, says a report. Despite this rise, securitisation volumes closed below the psychological Rs 1 lakh crore mark in 2020-21


PTI
April 18, 2021
While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Mr Kumar remained hopeful that the country's economy will grow 11 per cent in the current fiscal ending March 31, 2022


PTI
April 18, 2021
In a recent communication to all banks, the central government has said the MiTM attacks have been increasing under which messages sent by 'ATM Switch' to 'ATM Host' are altered by attackers to withdraw cash fraudulently


BusinessToday.In
April 18, 2021
The company said that the debt restructuring was necessitated due to the disruptions caused by COVID-19 which led to cash flow not being able to bear the debt burden


BusinessToday.In
April 16, 2021
Citigroup plans to focus on its non-US consumer banking operations in UAE, Singapore, London and Hong Kong as these places have a great concentration of wealth.


Srinath Sridharan | Shashidhar KJ
April 16, 2021
With the government unwilling to foot the bill on digital transactions and no viable business model for banks, there are no incentives for banks to maintain the UPI infrastructure


Manoj Sharma
April 16, 2021
The lockdown-like curbs cast a dark shadow over India's ongoing economic revival. In fact, after the pent-up demand of July-Dec period subsided, the economy had started already losing momentum beginning January 2021, well before the second Covid wave intensified


Anand Adhikari
April 15, 2021
The second Covid wave is also expected to upset the RBI's inflation calculation as local lockdowns impact supply chain and logistics


BusinessToday.In
April 14, 2021
Bank holiday today: Although bank branches will remain closed, ATMs will remain operational. In order to avail of banking services, people can use net banking or mobile banking


Anand Adhikari
New Delhi, April 14, 2021
The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap


BusinessToday.In
April 13, 2021
Saying that the second wave presents a risk to India's growth forecast, Moody's said the Indian economy is still likely to grow in double-digits in 2021.


BusinessToday.In
April 13, 2021
Consequently, the extant operational instructions issued by the RBI under the scheme shall continue to remain in force up to June 30, 2021, the banking regulator said in a statement


BusinessToday.In
April 13, 2021
Share of IDBI Bank touched an intraday high of Rs 36.5, rising 7.99% against the previous close on BSE.


BusinessToday.In
April 12, 2021
During the process of selling of AT-1 bonds, individual investors were not informed about all the risks involved in subscription of these bonds, SEBI said.


PTI
April 12, 2021
Deposits rose 11.4 per cent to Rs 151.13 lakh crore in the financial year ended March 31, 2021, data released by the Reserve Bank of India (RBI) showed


BusinessToday.In
April 12, 2021
Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February, government data showed


BusinessToday.In
April 12, 2021
A technical upgrade of RTGS, targeted to enhance the resilience and to further improve the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of April 17, 2021.


BusinessToday.In
April 12, 2021
Nomura says revision in GDP forecast reflects impact second Covid-19 wave could have on Indian economy. It expects second wave to result in weaker sequential momentum in Q2 (Q1FY22)


Reuters
April 9, 2021
The April 5-8 poll of more than 50 economists showed retail inflation rose to 5.40 per cent in March from a year earlier as opposed to 5.03 per cent in February. Forecasts ranged from 4.60% to 6.11 per cent


BusinessToday.In
April 8, 2021
Sensex closed 84.45 points higher at 49,661 and Nifty gained 54 points to 14,873


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