A surge in oil prices after Israel’s strikes on Iran sent the Indian rupee tumbling on Friday, prompting the central bank to ...

Reserve Bank of India has updated KYC norms. Banking correspondent (BC) can now update KYC. This includes NGOs, SHGs, MFIs ...

India's economy faces challenges in 2025. The Israel-Iran war pushes global crude oil prices higher. This threatens the ...

Borkar & Muzumdar is a firm of Chartered Accountants with over 75 years of experience in the field of Assurance, Taxation ...

The Reserve Bank of India (RBI) has approved a six-month extension for Yes Bank managing director and chief executive officer ...

On June 14, 2025, banks across the country are scheduled to remain closed since it is the second Saturday of the week.

This is going to be the first review meeting after the Reserve Bank on Friday carried out a jumbo policy rate cut of 50 basis points, and unexpectedly reduced the CRR.

RBI's increased LTV ceiling for gold loans will boost NBFC growth, despite changes in computation, according to Crisil ...

Moody's Ratings has upgraded Yes Bank's long-term deposit ratings to Ba2, driven by improvements in the bank's credit profile ...

Canara Bank has cut its RLLR to 8.25% from June 12, reducing home and vehicle loan rates, aiming to boost credit demand and ...

Indian banks observe holidays that vary by state, as determined by the RBI's annual calendar. Banks are closed on the second and fourth Saturdays, Sundays, and designated holidays.

Measures to stimulate demand like tax breaks for consumers, infra spending and support for MSMEs can be considered ...