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Private banks lead deposit mobilisation and credit growth, says RBI

Private banks also saw higher credit growth than their public and foreign counterparts Private banks continued to lead both deposit growth and bank credit,...

Many Are Worried About 5-Day Bank Closure in September. Here’s Why

NEW DELHI: After social media buzz that a weekend followed by Janmashtami and a two-day bank strike by Reserve Bank of India employees could...

Despite trade war fears, India posts world-beating Q1 GDP numbers; here’s what Modi government did different

India’s economy expanded at the fastest pace in nine quarters, as strong domestic consumption and robust manufacturing growth overwhelmed any global trade-war...

99.30% of demonetised money back in the system, says RBI report

MUMBAI: As much as 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system,...

India’s central bank just proved demonetisation was for nothing

The suspense is over now. In the months following the November 2016 demonetisation, Indians deposited over 99% of banned currency notes in...

Mutual funds re-categorisation: Here’s how to review your portfolio

The Securities and Exchange Board of India (Sebi) has asked fund houses to segregate their schemes into distinct categories, based on their...

Blogs Can’t Bring Investment”: Congress’ Biting Attack At Arun Jaitley

“Blogs Can’t Bring Investment”: Congress’ Biting Attack At Arun Jaitley In a series of tweets, Congress spokesperson Randeep Singh Surjewala alleged the...

Google, Paytm Mall may team up to shop for Future Retail stake

MUMBAI | NEW DELHI: Google is looking to join forces with Alibaba-backed Paytm Mall to form a consortium and invest Rs 3,500-4,000...

Share Market Live: Sensex, Nifty trade in red; ICICI Bank, IOC down 1%, Hexaware Tech plunges 16%

Share Market Live: Indian stock markets (Sensex and Nifty) started flat on Friday with BSE Sensex and NSE Nifty trading in negative territory tracking the subdued...