Cooperative Banks Show Mixed Trends in Asset Quality

India’s cooperative banks, despite their geographic and operational diversity, lag behind stricter regulatory entities on asset quality parameters. However, their

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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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RBI Introduces Secured Overnight Rupee Rate (SORR)

The Reserve Bank of India has launched a new interest rate benchmark, the Secured Overnight Rupee Rate (SORR), to enhance

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HDFC Bank Receives RBI Approval for AU SFB Stake Purchase

HDFC Bank has received the RBI’s approval to acquire up to a 9.5% stake in AU Small Finance Bank Limited

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From the Desk of Editor -in- Chief

As the new year unfolds, January brought several pivotal developments in the banking and finance sector, reflecting the dynamic nature

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Supreme Court Overturns 30% Interest Cap on Credit Cards

In a major relief for banks, the Supreme Court has nullified a 2008 NCDRC ruling that capped credit card interest

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AUGMENTING PRODUCTIVITY BY EMBRACING EMPLOYEE ENGAGEMENT

Abstract of Article Employee engagement is a crucial aspect of the banking sector as it directly impacts the overall performance

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Banking Editorial November 2024

The Indian banking and finance sector witnessed noteworthy developments, reflecting the ongoing shifts toward digitalization, regulatory enhancements, and financial inclusion.

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