The Reserve Bank has permitted 20 banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs) of partner banks from 22 countries as part of efforts to promote bilateral trade in local currencies, the government said. In a...

India’s largest private lender HDFC Bank took over State Bank of India (SBI) to secure the top spot on the list of 2023 CRISIL’s Greenwich market share Leaders in big Corporate Banking. For middle market corporates, HDFC Bank again...

More than seven lakh people have activated on the portal for customers of Sahara cooperative societies to obtain their money back and declared a total of 158 crore, people aware of the growth said. Union Home and cooperation minister Amit Shah had...

Privately owned ICICI Bank said its standalone net profit for Q1FY24 zoomed by 39.7 percent to Rs 9,648.20 crore. In a regulatory filing, ICICI Bank said it closed Q1FY24 with a net profit of Rs 9,648.20 crore (Q1FY23 - Rs 6,904.94 crore) and a...

A profound revolution is underway within the core of advisory services if we look at today's ever-changing realm of business, where transformation is constant, and creativity is the guiding melody. It is the crescendo of human intellect in...

Imagine cruising down the highway, music blaring a- nd feeling the wind in your hair. Now, imagine exp- eriencing that same sce- nario after having had a few drinks. Not so fun, right? Drunk driving isn't just dangerous; it can w- reak havoc...

In the ever-evolving world of e-commerce and online shopping, last-mile delivery has become a critical aspect of the supply chain. The last mile refers to the final part of the delivery process, where goods are transported from the distribution...

The government has decided to exempt mergers of regional rural banks (RRBs) stated by it from the requirement of the Competition Commission of India's (CCI's) clearance, a senior official said, in signs that the next phase of consolidation...

Finance Minister Nirmala Sitharaman met World Bank Group President Ajay Banga and discussed the deepening of partnership to secure tangible outcomes at the G20 Leaders’ Summit scheduled to take place in September. "Union Finance...

The government has requested banks to assure that all new cards and reissues of old cards have the National Common Mobility Card (NCMC) as a default choice with contactless or near-field function facilities. The missive, sent earlier this month,...