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Reserve Bank Of India Mandated

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'SBI is telling an utter lie'

'Mumbai main branch (SBI headquarters) has all the data ready-made. It doesn't take even an hour to out the data from the system.' IMAGE: A five-judge Constitution bench comprising Chief Justice......

'Karnataka does not survive on Centre's largesse'

'Karnataka's finances are much healthier than the Union government's, which is indebted to nearly twice the extent of the state' IMAGE: Karnataka Chief Minister Siddaramaiah addresses a press......

Is Tourism Destroying Goa?

Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and......

UP, Maharashtra have maximum debt, says petitioner in freebies PIL

The states have outstanding liabilities of a whopping Rs 59,89,360 crore as on March 31, 2021, and the new sources of risk have emerged in the form of rising expenditure on non-merit freebies, the......

Banks shift bets from G-secs to state and corporate bonds

Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April......

FX derivatives mkt in a fix before new RBI rules

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary......

RBI holds repo rate at 6.5% for 7th consecutive time

The Reserve Bank of India on Friday decided to keep policy rate unchanged for the seventh time in a row and said that it remains vigilant towards upside risks to food inflation. Photograph:......

Future of digital payments in India

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.' IMAGE: Cutlery vendor switches on Paytm at a roadside......

Paytm can continue UPI transactions through 4 banks

Ensuring continuity in payment operations by Paytm users, the National Payments Corporation of India (NPCI) on Thursday allowed the company to continue UPI transactions through four banks -- SBI,......

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