The Reserve Bank of India (RBI) on Tuesday came out with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net profit-- also called profit after tax (PAT).
Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.
The BSE Sensex and the Nifty 50 declined around 4.5 per cent each since the start of the West Asia conflict.
Addressing an event after launching the service, Shah said the rival ride-hailing platforms have reduced commission and are offering many other incentives, including free rides to customers, seeing the success of Bharat Taxi during the pilot operation.
Opposition parties in Assam are questioning the state police's handling of the Zubeen Garg death case after a Singapore coroner ruled out foul play, contradicting the Assam police's murder charges against several accused. The conflicting findings have sparked controversy and calls for further investigation.
Tamil Nadu Chief Minister M K Stalin pledges to double the monthly grant if his DMK party secures victory in the upcoming assembly election, aiming to empower women and secure their support.
'Portfolios built in these phases often deliver the strongest outcomes over time.'
Rediff explains why the system, not the Budget, is the problem.
'Portfolios built in these phases often deliver the strongest outcomes over time.'
Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.
Kerala is set to hold its Assembly election, with the ruling LDF aiming for a historic third term, the UDF seeking a comeback, and the NDA striving to gain a foothold in the state's political landscape.
The CBI has filed a chargesheet against 17 people, including four Chinese nationals, and 58 companies for their alleged roles in a transnational cyber fraud network that siphoned off over Rs 1,000 crore.
'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.'
The clock on the ceasefire is running out. But everyone's already whispering about round two, possibly as soon as this weekend.
India's private-sector banks are likely to lose market share for a second consecutive year in 2025-26, as their loan books continue to expand much slower than overall bank credit.
For every 100 rupees, households invested Rs 45.2 in mutual funds and equities in 2024-2025.
Getting a Swiss bank account is not an easy affair.
The Canara Bank on Thursday informed the Bombay high court that it has withdrawn its order classifying as "fraudulent" the loan account of a firm linked to industrialist Anil Ambani. After the bank's disclosure, a bench of Justices Revati Mohite Dere and Neela Gokhale disposed of the petition filed by Ambani challenging the bank's order, saying nothing survives in it.
Only bona fide victims would be compensated by banks within five days of receiving the complaint.
'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'
'Many have contributed in terms of gold and silver. Ladies in big numbers have contributed their home belongings and gold.' 'Some have donated their cars too.'
The amounts were transferred from HDFC Bank to BoB.
Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.
Beginning November 1, 2025, bank customers can name up to four nominees for their accounts and lockers.
You can compound money. You cannot compound being young and stupidly in love. So? 'Don't Play Small' this Valentine's Day
Bank accounts of a trust backed by Karmapa Ugyen Trinley Dorje and its trustees have been frozen in connection with the probe into the seizure of a huge amount of foreign currency from a transit home of the Tibetan spiritual leader. "It (freezing of bank accounts) is part of the investigation process as bank accounts were being thoroughly screened for money transactions," Inspector General of Police P L Thakur said on Friday.
By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.
Chief Information Security Officer (CISO) of HDFC Bank, Sameer J Ratolikar, will answer all your queries about secure banking in an online chat with readers on April 27, between 2 pm and 3 pm.
The Reserve Bank of India (RBI) announced that it processed 99.8% of applications within the prescribed timeline under its Citizen's Charter in February, demonstrating high efficiency in its operations.
'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'
The move is aimed at making settlement of claims or return of articles from a locker smooth for relatives after the death of a customer.
A 21-year-old air hostess allegedly committed suicide in Thane, leading to an abetment case against her former partner. The investigation revealed financial exploitation and alleged threats.
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.
The government, however, did not provide details of persons or outfits whose bank accounts were frozen for suspected terror links.
Four persons were booked in Maharashtra's Beed district for collecting more than Rs 4 crore fraudulently claiming it was to support Palestine amid the war with Israel, a police official said on Thursday.
Cyber threats aren't always invisible -- sometimes they're right beside you.
The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.
The Reserve Bank of India (RBI), in its Financial Stability Report (FSR), cautioned that stress tests indicate two scheduled commercial banks (SCBs) may have to dip into their capital conservation buffers (CCBs), unless stakeholders infuse capital, under a scenario involving a gradual slowdown in domestic GDP growth and a moderate rise in inflation, with limited policy easing space available to the central bank.
The Ministry of Home Affairs on Monday said the Missionaries of Charity's application for renewal of the Foreign Contribution (Regulation) Act (FCRA) registration was refused on December 25 for not meeting eligibility conditions as some adverse inputs were received.
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