Tag: Bank
RBI Reduces Retail Inflation Estimate For FY22 To 5.3%
The Reserve Bank of India (RBI) has reduced the retail inflation projection for the ongoing financial year to 5.3 per cent from the previous estimate of 5.7 per cent. ....
HDFC Bank's Q2FY22 YoY Net Profit Up 17.6%
Lender HDFC Bank on Saturday reported a year-on-year rise of 17.6 per cent in its net profit for Q2FY22. ....
Taliban Won't Have Access To Afghan Central Bank Reserves: US
Despite the US agreeing to help Afghanistan in terms of aid supplies, it has made it clear that the Taliban government will not be granted access to the Afghan Central Bank reserves. ....
Central Bank Liquidity, Not Fundamentals, Driving Extraordinary Valuations: Citibank
Much of the "extraordinary valuations" in markets are riding on liquidity flows from central banks and not necessarily being driven by fundamentals, Citibank's global markets strategist told IANS during a briefing on the bank's 2022 outlook. ....
RBI Keeps Rates Unchanged; FY23 GDP Growth Seen At 7.8%. Here Are The Top Takeaways
The Reserve Bank of India (RBI) on Thursday retained its key short-term lending rates during the sixth and final monetary policy review of FY22. ....
ED Arrests PCH Director Balvinder Singh For Rs 370 Crore Bank Fraud
The Enforcement Directorate (ED) has arrested Balvinder Singh the Promoter - Director of the PCH Corporation Ltd and other PCH group companies under the Prevention of Money Laundering Act (PMLA) in a case relating to defrauding banks to the tune of Rs 370 crore. ....
Axis Bank's Stocks Rise Day After Citibank's Consumer Business Deal
Scrip of Axis Bank rose during the post-noon session on Thursday, a day after the lending major said it will acquire Citibank's consumer businesses in India.....
Maharashtra: BJP Leader Pravin Darekar Being Grilled By Police In Bank Scam
The Mumbai Police are questioning Bharatiya Janata Party's Leader of Opposition (Council) Pravin Darekar in connection with the alleged irregularities during his tenure at the Mumbai District Central Cooperative Bank (MDCCB) Ltd, here on Monday. ....
Yes Bank-DHFL Fraud Case: ED Notice To Pune Businessman To Vacate House
The Enforcement Directorate has issued a notice to businessman Avinash Bhosale, who was recently arrested by the Central Bureau of Investigation (CBI) in connection with a money laundering case.....
Cryptocurrencies Are Clear Danger To Financial Systems: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that cryptocurrencies are a clear danger to the financial systems, adding that we must be mindful of the emerging risks on the horizon. ....
