GLOBFAST NEWS
GLOBFAST NEWS
Ai botNEW DELHI: Subhadra Yojana, the new direct transfer scheme for women in Odisha, has become the first govt initiative through which beneficiaries will have the option to receive Rs 10,000…
Ai botNEW DELHI: The Reserve Bank plans to comprehensively revamp its currency management infrastructure over the next 4-5 years, mainly to ensure adequate storage and handling capacity to cater to the…
Ai botMUMBAI: The country’s top central bankers dashed market players’ hopes of RBI following in the footsteps of the US Federal Reserve towards an interest rate cut.Minutes of the monetary policy…
Ai botNEW DELHI: Bihar recorded the highest inflation rate at 5.9% among states and Union territories in July, followed by Assam at 5.1%, while Jharkhand had the lowest rate at 1.7%…
Ai botMUMBAI: The Reserve Bank on Friday said it has imposed a penalty of Rs 1.27 crore on Bank of Maharashtra (BoM) for violating its directions, including on Know Your Customer.…
Ai botMUMBAI: The pace of bank credit growth is slowing down, with incremental bank deposits outpacing growth in advances during the current financial year.Bank deposits stood at Rs 211.9 lakh crore…
Ai botMUMBAI: RBI has proposed risk-based pricing for bank deposit insurance. The reasoning is that stressed banks could face rapid deposit withdrawals through digital channels, as quick dissemination of information through…
Ai botMUMBAI: RBI has tightened norms for deposit-taking housing finance companies and brought them on an par with non-banking finance companies. The new norms increase liquidity requirements, restrict deposit mobilisation based…
Ai botMUMBAI: RBI on Thursday decided to keep policy rates on hold for the ninth consecutive time, citing strong demand and the need to maintain inflation’s declining trajectory. The central bank…
Ai botMUMBAI: The rupee closed at a new low against the dollar on Monday with the domestic currency coming under pressure as foreign investors sold equities. The rupee ended the day…
