Finance News

$127 bn foreign currency deposit mobilisation a 'sho...

A notable achievement for Indian banks occurred as they received USD 127 bill...

Gig workers turn to tax filing as TDS refunds offer ...

Gig platforms are integrating tax filing assistance into their apps. Many de...

Apple Pay set for India launch next month with Axis ...

Apple is set to launch Apple Pay in India next month, debuting with Axis Bank...

The rise of asset-backed borrowing in India's credit...

Asset-backed borrowing is gaining traction in India's credit market, particul...

Banks plan to align norms for project finance lending

Banks are developing a common framework for project finance lending. This ini...

Bank credit growth hits 8-quarter high, widens fundi...

Bank credit growth reached a sixteen-month high, while deposits grew at a slo...

FCNR(B) scheme could yield Rs 5.5 trillion notional ...

SBI Research indicates FCNR(B) deposits may yield substantial profits for ban...

UPI MDR from October 15: Govt plans daily monitoring...

The government is in negotiations with payment aggregators over new UPI trans...

UPI MDR kicks in October 15: RBI DG says merchant fe...

In a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified th...

MDR rollout will be monitored to protect users

Tax issues Levy of goods & services tax on MDR can be taken up by GST Council...

RBI cancels licences of 5 NBFCs, 8 others surrender ...

The Reserve Bank of India cancelled five NBFC registration certificates on Th...

Godrej Wealth to enter mutual fund business next yea...

Godrej Wealth plans to enter the asset management business next year. The com...

Cash-flow-based lending to become important for new-...

As new industries emerge, cash-flow-based lending is poised to play a pivotal...

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