[ad_1] Reserve Bank Governor Shaktikanta Das has said that the Central Bank Digital Currency (CBDC), which is being promoted by the central bank, can play an important […]
World’s higher-for-longer rate era stokes worry among finance officials
[ad_1] By Craig Stirling and Eric Martin Now that the higher-for-longer interest-rate era has arrived, global finance officials are getting worried about the consequences. […]
RBI okays appointment of Dipak Gupta as interim MD of Kotak Mahindra Bank
[ad_1] The Reserve Bank has given its nod for appointment of Dipak Gupta as interim Managing Director and CEO of Kotak Mahindra Bank following the resignation of […]
Choosing to be non-executive HDFC chair my biggest challenge: Deepak Parekh
[ad_1] Veteran banker Deepak Parekh on Thursday said the biggest challenge for him was choosing to be a non-executive chairman of HDFC 13 years ago when he […]
Governance mechanism can aid in sustainable growth of fintech: RBI official
[ad_1] Sustainable growth of the fintech ecosystem can be achieved by putting in place a governance mechanism and focusing on customer-centricity, a senior RBI official said on […]
Capital Group offloads NBFC Shriram Finance’s shares for Rs 884 crore
[ad_1] US-based financial services company Capital Group on Wednesday offloaded shares of NBFC Shriram Finance for Rs 884 crore through open market transactions. Capital Group through […]
It’s time to get real about rupee’s role in international financial system
[ad_1] By Andy Mukherjee A year ago, there was palpable excitement in New Delhi around buying Russian crude. The Reserve Bank of India allowed foreign banks […]
G-20 finance chiefs to debate war, debt distress and inflation in India
[ad_1] By Ruchi Bhatia The finance and central bank chiefs of the world’s largest economies will debate the risks of Russia’s prolonged war in Ukraine and […]
Merger of HDFC Bank with HDFC is a serious makeover
[ad_1] By Andy Mukherjee When the remaking of India’s socialist financial landscape began in 1993, very few people believed in the project — some of the 40 applications […]
Govt raises interest rates on select small saving schemes by up to 0.3%
[ad_1] The interest rate on one-year deposits and two-year deposits have been raised by 10 bps each, while rates on savings deposits will remain unchanged at 4% […]