Welcoming the Reserve Bank of India's (RBI) decision to reduce the repo rate to 6.75 from 7.25%, Finance Minister Arun Jaitley on Tuesday said the central bank's decision will significantly p…
White label ATM (WLA) are operated by non-bank entities and customers from any bank can withdraw money for a fee. WLA operators will have an option to provide Dynamic Currency Conversion facil…
The benchmark BSE Sensex spurted to a new peak of 28,765.52 and the NSE Nifty scaled a life-time high of 8,591.40 in opening trade on Friday as December series in the derivative segment commen…
RBI today allowed banks to extend loans up to Rs 10 lakh to individuals against long-term infrastructure bonds issued by them, thus easing loan norms for low-cost housing."In order to provide li…
The Reserve Bank of India, grabbling with a surge in gold imports last month, could support some restrictions for trading houses but two senior policymakers involved in the bank's decision-makin…
(Reuters) - The Reserve Bank of India, grabbling with a surge in gold imports last month, could support some restrictions for trading houses but two senior policymakers involved in the bank's d…
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