Throwing his weight behind Finance Minister Nirmala Sitharaman’s budget numbers, Reserve Bank Governor Shaktikanta Das has said that there is no reason to doubt that the government will be able to cut fiscal deficit to 3.5 per cent of the GDP in the fiscal beginning April 1. Das said the government has remained within the […]

HDFC Bank, the most valuable Indian lender, completed 25 years on Tuesday. The bank observed the anniversary celebrations by committing to plant 25 lakh trees and also digitise 2,500 classrooms. Its managing director and chief executive Aditya Puri, who has led the bank from scratch, planted a guava tree at a municipal school in central

The initial public offer (IPO) of SBI Cards and Payment Services, the credit card unit of the country’s largest lender SBI, is likely to be launched in the first week of March. The firm plans to open its anchor book for institutional investors around February end, according to media reports. Market regulator Securities and Exchange

Earlier called as UTI Bank, Axis Bank is one among the largest private sector banks in India. Axis bank provides a wide range of banking and financial services and products to its customers. With its headquarters located in Mumbai, Maharashtra, Axis bank has invested in state of the art technology to provide an innovative range

Savings Account is the oldest and most common form of savings. The minimum balance required to maintain a savings account varies from bank to bank just like the rate of interest. Banks have a certain minimum balance limit which an account holder has to maintain else he/she has to pay the penalty. Some of the

The State Bank of India (SBI) on Tuesday released the Admit Card for Junior Associate (Clerk) preliminary examination on its official website. The SBI Clerk admit card has been released for the Prelims Exam 2020 to recruit 8000 Customer Support & Sales (clerk) in different offices of SBI across the country. The SBI had invited

For most out-of-town students, the last few days of the month are rather trying. They rely on a combination of hostel loans and credits at the messing facilities to tide over the month-end cash crunch. North Block appears to be relying lately on similar arrangements with the central bank to tide over its own cash-flow

The Reserve Bank of India (RBI) on Monday published draft framework for authorisation of a new pan-India umbrella organisation for retail payment systems. The central bank has invited comments on the draft framework from all stakeholders by February 25. At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.