As festive season saw robust growth in India across all parameters, credit card spending crossed Rs 2 lakh crore in October, a 14.5 per cent rise from September. According to latest data by the ...

The cost of minting a one-rupee coin in India exceeds its face value, as revealed by the RBI in a 2018 RTI. One rupee note ...

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...

Concrete steps have been taken to regulate the fintech industry in India as per the Financial Action Task Force’s recommendations to tackle money laundering and terror financing, a central government ...

Will the Minister of FINANCE be pleased to state:- (a) whether the Government has formulated any policy to write-off loans of willful defaulters during the last five years; (c) the details of loans ...

Will the Minister of FINANCE be pleased to state: (a) whether the Government has amended the FEMA regulations to allow the closure of cases of foreign exchange violations of upto Rs. 5 crore by paying ...

The Reserve Bank of India (RBI) is set to hold interest rates on Dec. 6 as a sharp rise in consumer inflation has led several ...

Its crackdown on NBFCs begs revisiting FSLRC’s suggested changes to the RBI Act and creation of an appellate authority for ...

When it comes to personal loans, banks and large NBFCs are somewhat reliable, but lending apps have yet to strike a chord ...

Mumbai: India needs to take a quantum leap in the scale and size of the financial institutions to achieve the aspiration of ...

Indian banks suffered a deficit of liquidity this week for the first time in two months as dollar sales by the authorities to ...

Reserve Bank of India Governor Shaktikanta Das has been admitted to a hospital in the southern city of Chennai, news channel ...