Tag: idfc first bank
RBI greenlights record surplus transfer of Rs 2.86 lakh crore
Mumbai: The Reserve Bank of India (RBI) central board approved a record surplus transfer of Rs 2.86 lakh crore to the government for FY26, up…
RBI likely to pay a big dividend to Centre
MUMBAI: The board of the Reserve Bank of India (RBI) will meet on May 22 to consider a record surplus transfer to the government for…
Petrol, diesel price hike may trigger chain reaction across economy, say experts
The recent increase in petrol and diesel prices is expected to push up India’s retail inflation in the coming months, with economists warning that the…
Core sector output fell 0.4% in March, lowest in 19 months
India’s core sector output fell by 0.4% year-on-year in March, the lowest in 19 months, due to a steep decline in fertiliser production amid the…
West Asia conflict could lift India’s inflation, hit GDP growth: Economists
New Delhi: The escalating conflict in West Asia may continue to keep global crude oil prices elevated, potentially adding 10-20 basis points to India’s FY27…
RBI’s additional liquidity support to wind down after March, bankers say
MUMBAI: The Indian central bank’s additional liquidity support to lenders, which has pushed overnight rates towards the floor of the policy rate corridor in a…
Money ‘will come back’: Haryana CM’s assurance after ₹590-cr ‘fraud’ in govt accounts at IDFC First Bank | Explained
Haryana chief minister Nayab Singh Saini and Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday gave assurances that the money is safe, after…
IDFC First Bank shares slip 20% after ₹590 crore fraud is detected| Business News
Shares of India’s IDFC First Bank Ltd. fell by a fifth on Monday after ₹590 crore fraud was detected at its branch in Chandigarh. V….
‘US tariff cut may lift GDP by 20-30 bps’, say economists
New Delhi: The Indian economy is poised to gain from lowered US tariffs, with economists estimating a 20-30 basis point boost to gross domestic product…
RBI dividend may rise to Rs 3L-cr in FY27
Mumbai: Most economists expect the Reserve Bank of India to budget another strong surplus transfer to the government in fiscal 2027, supported by gains from…