Under the framework, an SRO-AA should be set up as a not-for-profit company registered under Section 8 of the Companies Act, 2013 | Photo Credit: REUTERS The Reserve Bank of India (RBI ...

The Reserve Bank of India (RBI) may prefer a public sector banker as a replacement for IndusInd Bank’s current chief Sumant Kathpalia, according to industry sources. RBI recently gave its ...

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It looks like the RBI will continue to pump in more money to bridge the liquidity shortage in the system and thereby positively influence the credit growth to the productive sectors. In fact ...

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The tool, an identity protection PIN, can help. By Ron Lieber The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds ...

We picked Discover Money Market Account because you earn a competitive yield, endure few fees and have check-writing privileges, among other benefits. Discover scores well on customer service ...

India's forex reserves declined by USD 1.781 billion to USD 638.698 billion in the week ended February 28, according to the Reserve Bank of India (RBI). Foreign currency assets and gold reserves saw a ...

The government is reviewing a proposal to reintroduce merchant discount rates (MDR) on UPI and RuPay transactions for large businesses, aiming to ease the financial strain on banks ...

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The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.

After the Reserve Bank of India (RBI) announced a 25 basis point reduction in the repo rate to 6.25% on February 7, loan borrowers are expected to see some relief. This marks the RBI’s first ...