A major scam involving New India Co-operative Bank in Mumbai has come to light, with the bank's General Manager, Hitesh Mehta ...

Police suspect Mehta had an accomplice, and the case has now been transferred to the Economic Offences Wing (EOW) for further ...

At ICICI Bank the interest rates range from 3% to 7.25%, depending on the tenure. For example, for a 7 to 29-day FD, the ...

The Trump administration is considering currency manipulation as a potential trade bargaining chip as well as tariffs, the US ...

Inflation impacts loan repayment through rising interest rates, increasing borrowing costs, and affecting purchasing power. Borrowers may face higher EMIs, budget challenges, and the need for longer ...

RBI announces cancellation and restoration of NBFC licences, including Reliance Commercial Finance and IDFC Limited.

A day after imposing business restrictions on the city-headquartered New India Cooperative Bank, the Reserve Bank on Friday superseded the lender’s board citing governance lapses and appointed an ...

RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...

Raghuram Rajan, University of Chicago Booth School of Business professor of finance and former Reserve Bank of India governor ...

The Reserve Bank of India (RBI) has taken action against New India Co-operative Bank due to alleged fund misappropriation by staff members. The bank's board has been superseded, and depositors are ...

MUMBAI: India’s foreign exchange reserves rose for a third straight week to more than a one-month high of $638.26 billion as ...