RBI Allocates Rs35,486 Crore in 1-Day VRR Auction at 6.27% Average Rate
The Reserve Bank of India (RBI) held a Daily Variable Rate Repo (VRR) auction on March 26, 2025, with a
India faces high-stakes trade battle as US tariffs loom
As the April 2 deadline for US tariff implementation nears, anxiety over the potential impact on Indian exports is growing.
RBI Cancels Registration of Unitara Finance Limited
Mumbai, March 25, 2025: The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of Unitara Finance
Canara Bank appoints S. K. Majumdar as Executive Director
Canara Bank is pleased to announce the appointment of Shri S. K. Majumdar as Executive Director of the Bank, with
Kotak Mahindra Bank appoints Bhavnish Lathia as CTO
Kotak Mahindra Bank has announced the appointment of Bhavnish Lathia as its new Chief Technology Officer (CTO), reinforcing the bank’s
What does scheduled banks’ statement of position show
Borrowings from banks remained relatively stable, with a slight increase from ₹112,778.14 crore in February 2025 to ₹113,375.74 crore as of March 7, 2025. Other demand and time liabilities also saw an increase, rising from ₹36,706.95 crore in February 2025 to ₹38,843.52 crore in March 2025.
RBI Allots ₹1,24,009 Crore in Daily Variable Rate Repo Auction at 6.26% on March 20, 2025
The Reserve Bank of India (RBI) conducted a Daily Variable Rate Repo (VRR) auction today with a tenor of one
Bank Unions to proceed with strike as conciliation talks fail
The proposed two-day nationwide strike by public sector bank employees on March 24-25 remains on track after a conciliation meeting
Decade of Debt: The stark reality behind ₹16.35 lakh crore in bank loan write-offs
Indian banks have cumulatively written off a staggering ₹16.35 lakh crore in bad loans over the last ten financial years,
Bank Unions challenge minister’s claim on staff vacancies in PSBs
A fresh controversy has erupted over staffing levels in public sector banks (PSBs) after the Minister of State for Finance,