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Finance/Fintech

Banks Urge RBI to Ease 20% Forex Deposit Rule, Seek Clarity on Rupee-Defence Measures

Banks Urge RBI to Ease 20% Forex…

New Delhi, Oct 12 (KNN) Banks have urged the Reserve Bank of India (RBI) to ease its recently announced requirement for a 20…

Corporate Earnings Likely to Drive Indian Equity Markets Amid Global Volatility: Report

Corporate Earnings Likely to Drive Indian Equity…

New Delhi, Oct 12 (KNN) Indian equity markets are likely to become increasingly driven by corporate earnings, with companies…

RBI Tightens Forex Derivatives Rules; Opens Special Dollar Window for Oil Companies

RBI Tightens Forex Derivatives Rules; Opens Special…

New Delhi, Oct 10 (KNN) The Reserve Bank of India (RBI) on Saturday announced tighter regulations for rupee-linked foreign…

RBI Tightens Liquidity Management, Raises Minimum Daily CRR Maintenance to 99% from Oct 16

RBI Tightens Liquidity Management, Raises Minimum Daily…

New Delhi, Oct 10 (KNN) The Reserve Bank of India (RBI) on Friday raised the minimum daily cash reserve ratio (CRR) maintenance…

Bank Deposit Rate Hikes Unlikely for 2-3 Months Amid Surplus Liquidity: SBI Chairman

Bank Deposit Rate Hikes Unlikely for 2-3…

New Delhi, Oct 9 (KNN) State Bank of India (SBI) Chairman C S Setty on Thursday said banks are unlikely to raise deposit rates…

UPI MDR Rollout May Be Deferred to Jan 1, Decision Expected Soon: Report

UPI MDR Rollout May Be Deferred to…

New Delhi, Oct 8 (KNN) The rollout of merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions…

Finance Ministry Asks Private Banks To Step Up Financial Inclusion, MSME Lending

Finance Ministry Asks Private Banks To Step…

New Delhi, Oct 7 (KNN) The Finance Ministry on Tuesday urged private sector banks to increase their participation in financial…

GST Council May Scrap IGST Exemption on Gold, Silver, Platinum Imports by Banks, Nominated Agencies

GST Council May Scrap IGST Exemption on…

New Delhi, Oct 5 (KNN) The GST Council is likely to consider withdrawing the Integrated GST (IGST) exemption on gold, silver…

Bank Liquidation Should Be Handled by IBBI-Certified IPs Under RBI, DICGC Oversight: IBBI Study

Bank Liquidation Should Be Handled by IBBI-Certified…

New Delhi, Oct 5 (KNN) Bank liquidation should be handled by insolvency professionals (IPs) under the supervision of the Reserve…

SBI Seeks Clarity on Banking Rules for Accounts, Deposits and Assets Under Proposed FCRA Framework

SBI Seeks Clarity on Banking Rules for…

New Delhi, Oct 1 (KNN) The State Bank of India (SBI) has supported the objectives of the proposed amendments to the Foreign…

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