Tag: sbi

Supreme Court order on banking fraud: RBI to shortly issue new guidelines
Posted in Economy

Supreme Court order on banking fraud: RBI to shortly issue new guidelines

The Reserve Bank will ‘shortly’ come out with revised guidelines on fraudulent account classification to take into account the recent apex court order that asked…

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msp: Kharif crop MSP hike unlikely to have big impact on inflation, say economists
Posted in Economy

msp: Kharif crop MSP hike unlikely to have big impact on inflation, say economists

The increase in minimum support prices (MSP) for kharif crops by 5-11% is unlikely to have a significant impact on inflation unless crop production falters,…

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epfo: EPFO plans to hire two consultants to manage debt and equity portfolios
Posted in Economy

epfo: EPFO plans to hire two consultants to manage debt and equity portfolios

The Employees’ Provident Fund Organisation is planning to hire two consultants to manage its debt and equity portfolio separately, instead of one so far, as…

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RBI MPC: Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged
Posted in Finance

RBI MPC: Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged

Is the era of rising interest rates on fixed deposits (FDs) coming to an end? Only time will tell but there is a chance that…

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Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Finance

Psbs See Queues As Pvt Banks Turn Cautious

(This story originally appeared in on May 27, 2023) MUMBAI: Public sector banks (PSBs) are bearing the brunt of the Rs 2,000 note exchange traffic,…

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Banks have been instructed to report “suspicious” account transactions. (Raj K Raj/HT Photo)
Posted in Business

Big deposits of ₹2,000 notes in Jan Dhan accounts will draw tax scrutiny | Latest News India

Mass cash deposits are likely to come under scanner to catch tax evaders using third party bank accounts to hide their wealth while exchanging ₹2,000…

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Posted in Economy

ireda: DRHP filing for IREDA listing likely in 6 months

The draft red herring prospectus for the initial public offer (IPO) of state-run Indian Renewable Energy Development Agency (IREDA) could be filed with the capital…

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India WPI: WPI declines for 11th straight month, falls to -0.92% in April
Posted in Economy

India WPI: WPI declines for 11th straight month, falls to -0.92% in April

Wholesale price-based inflation declined to -0.92 per cent in April on an annual basis from 1.34 per cent in March, the Department for Promotion of…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

cashfree: Cashfree Payments elevates Arun Tikoo to CBO; Ramkumar Venkatesan as CTO

Payments and API banking solutions company Cashfree Payments announced the elevation of Arun Tikoo as Chief Business Officer (CBO) and Ramkumar Venkatesan as Chief Technology…

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Fasal ties up with SBI to help farmers get easy access to loans
Posted in Economy

Fasal ties up with SBI to help farmers get easy access to loans

Agri-tech company Fasal on Thursday announced its partnership with State Bank of India (SBI), aimed to provide farmers with easy access to capital. The partnership…

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