Tag: idfc first bank

industry: ET Startup Awards 2023 | Solutions follow jobs as startups build for new India: IDFC First Bank CEO V Vaidyanathan
Posted in Startups

industry: ET Startup Awards 2023 | Solutions follow jobs as startups build for new India: IDFC First Bank CEO V Vaidyanathan

India’s startup industry is set to grow further as new-age companies generate not just jobs but also a multitude of solutions to drive efficiency in…

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Posted in Economy

Radios, tape recorders, 2-in-1s remain on CPI playlist

Radios, tape recorders, 2-in-1s and VCD/DVD players have long gone off shopping lists but they still figure in the 300 items tracked for price tag…

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Faster tax devolution may not affect states' borrowings, but will boost capex: Experts
Posted in Economy

Faster tax devolution may not affect states’ borrowings, but will boost capex: Experts

Faster tax devolution payments are unlikely to affect states’ market borrowing in fiscal 2024, but may encourage them to increase capital expenditure, said experts. “Size…

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Almost 40% of surrendered Rs 2,000 return back in other denominations
Posted in Economy

Almost 40% of surrendered Rs 2,000 return back in other denominations

Just about 40 percent of the total Rs 1.8 lakh worth of Rs. 2,000 denomination currency has returned to the market in the form of…

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Posted in Economy

May WPI deflation hits near-8-year low of 3.5%

Wholesale deflation deepened further to a nearly eight-year low of 3.48% in May compared with a 0.92% fall in April, which could with a lag…

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PNB launches IVR based UPI 123PAY: How to use, other features
Posted in Finance

PNB launches IVR based UPI 123PAY: How to use, other features

Punjab National Bank (PNB) has launched an IVR-based UPI solution, UPI 123PAY, in line with the Digital Payment Vision 2025 of a cashless and cardless…

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RBI's gold reserve up over 40% in five years
Posted in Economy

RBI’s gold reserve up over 40% in five years

The Reserve Bank of India’s gold reserves is up more than 40 percent since it resumed purchase of the yellow metal over five years ago,…

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Posted in Economy

Service sector cushions India’s economy from high interest rates

India’s economic growth probably matched government estimates as demand spurred an expansion in the services sector and cushioned the impact of elevated interest rates. Data…

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rbi: Sharp jump in foreign exchange income boosts RBI dividend for FY2023
Posted in Economy

rbi: Sharp jump in foreign exchange income boosts RBI dividend for FY2023

The RBI‘s foreign exchange transactions and the absence of excess liquidity helped the central bank post profits in the last fiscal and helped it transfer…

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Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locations
Posted in Finance

Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locations

The Reserve Bank of India (RBI) wants to expand the ongoing pilot of the Central Bank Digital Currency (CBDC) and incorporate various use cases and…

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