Banks
- Hyderabad
Gold rates in Hyderabad reach near all-time high
Hyderabad: Gold rates in Hyderabad and other cities in India on Friday climbed to a near all-time high. The rates of 24-carat and 22-carat gold reached Rs. 60, 0000, and Rs. 55,…
- India
Two US bank failures not to impact banks in India, APAC: Moody’s
Chennai: The successive failure of two private banks in the US — Signature Bank and Silicon Valley Bank — though would result in tightening of liquidity in the global debt markets, the…
- India
Banks must record transactions of politically exposed persons: Centre
New Delhi: Centre has amended the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, making it mandatory for banks and financial institutions to record financial transactions of politically exposed persons (PEPs). The…
- India
Banks to remain shut for 12 days in March; Know list of holidays
New Delhi: The Reserve Bank of India (RBI) has announced the bank holidays for March 2023. There are 12 holidays listed by the central bank, including four weekly offs, the second and…
- India
Fixed deposit rates turn positive at 8%, first time in many years
Mumbai: As banks’ chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and state-run banks led by Punjab…
- Business
Indian banks to issue bonds to maintain capital levels: CARE Ratings
Chennai: With credit off-take increasing, Indian banks are expected to issue bonds to maintain their capital levels and support their advances while cost of funds — deposits and borrowings are likely to…
- Technology
Oracle launches new Cloud services to help banks meet customer demands
New Delhi: Cloud major Oracle on Monday launched Banking Cloud Services, a new suite of componentised, composable services for the banking industry. The Cloud-native, software-as-a-service (SaaS) suite will give corporate and retail…
- India
RBI launches retail digital rupee in four cities
New Delhi: The Reserve Bank of India (RBI) on Thursday launched the first pilot project for retail digital rupee in Mumbai, New Delhi, Bengaluru and Bhubaneswar. The retail digital rupee (e?-R) project…
- India
Banks to remain closed today – Here’s list of holidays in November
Hyderabad: Reserve Bank of India (RBI) has released the list of bank holidays in November. As per the list, there are ten holidays in the current month. Out of the listed holidays,…
