Credit Card Spending Falls 16% from Festive Highs
Credit card spending in November decreased by 16.1% month-on-month (M-o-M) to Rs. 1.7 trillion, attributed to a moderation in consumer
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banking news
Banks offer to park higher amount with RBI via VRRR route
In an indication of excess liquidity, the Reserve Bank of India received bids worth Rs. 58,525 crore from banks against
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Govt plans minority stake sale in 4 PSBs
The Central government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by
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Central Bank gets RBI nod to enter insurance biz
Central Bank of India said it has got approval from the Reserve Bank to enter the insurance business through a
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Banking Editorial December 2024
The Indian banking and finance sector continues to demonstrate resilience and adaptability, even amidst evolving challenges and dynamic economic conditions.
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Govt nod to Setty as SBI Chairman
Challa Sreenivasulu Setty was appointed as the chairman of the State Bank of India. His tenure will be due to
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Fixed deposit losing appeal from young investors
Finance minister Nirmala Sitharaman nudged state-run banks to step up deposit mobilisation and conduct special drives so that it can
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BF LEGAL News
18% GST for doorstep med services Services of regular medical monitoring along with other logistic help to senior citizens at
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‘Work from home’ launched by SBI
State Bank of India has recently said it has launched a new facility to enable its employees to ‘Work
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Bank board’s proposal on salary gets RBI shock
The Banks Board Bureau, an advisory body created by the government in April 2016, proposed recommendations on the roles,
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