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Paisabazaar.com offers over 150 credit cards from 13 banks to cater to varied consumer segments that visit its platform. (Photo: Youtube)

Paisabazaar aims to issue 3.5 lakh credit cards in the next 12 months

Targets 33,000 credit cards in a month by March 2019.

25 Sept 2018 4:43 PM IST

Finance minister Arun Jaitley

Jaitley asks PSU banks to take effective action against frauds,...

Formalisation of the economy would help India achieve sustainable growth of 8 per cent.

25 Sept 2018 4:26 PM IST

Canara Bank says capital being raised to maintain healthy CRAR.

Canara Bank drags GTL group to NCLT

GTL has defaulted on Rs 459 crore loans from the bank, GTL Infrastructure owes Rs 541 crore to the lender.

25 Sept 2018 1:13 PM IST

Finance Minister Arun Jaitley

Jaitley to meet PSU banks chiefs tomorrow; to review financial...

The finance minister will also discuss credit growth and bad loan situation.

24 Sept 2018 4:33 PM IST

The currency in circulation (CiC), which increased exponentially after the note ban in November 2016 under which as many as 99.9 per cent of them returned to the system, has seen some slowdown in expansion since May this year likely due to higher fuel prices and Reserve Banks intervention in forex market, says a report. (Photo: Pixabay)

'Currency in circulation slows down on spike in crude, RBI selling...

Since the beginning of May 2018, currency in circulation has been in the range of Rs 19-19.6 trillion, says the report.

24 Sept 2018 3:35 PM IST

The government, which reportedly asked the RBI last month to make a list of candidates for mergers and set a time-frame for bank consolidation, is going full steam ahead on its plan to clean up the banking system and create fewer, better-capitalised lenders.

PNB, OBC, Andhra Bank next in line for merger

Govt studying amalgamation of three PSBs, say sources.

24 Sept 2018 3:17 PM IST

The Indian rupee nosedived to a new life-time low of 71.10, shedding 10 paise against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies. (Photo: DC)

Rupee drops 29 paise to 72.49 against US dollar

Losses in domestic equities in volatile early trade also put pressure on the rupee.

24 Sept 2018 10:54 AM IST

The Reserve Bank of India on Thursday kept the key policy rate unchanged at 6 per cent for the fourth consecutive time.

Reserve Bank of India, SEBI closely monitoring financial markets

They are closely monitoring recent developments in financial markets and are ready to take appropriate actions.

24 Sept 2018 10:41 AM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

RBI shortlists Infosys, TCS, 3 other IT firms to implement CIMS

The central bank had invited of expression of interest in July for identification of solution provider for...

23 Sept 2018 6:07 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

Public consultation on changes to settlement rules: ICICI proposes,...

ICICI Bank has filed a settlement plea with regard to an ongoing probe into alleged violations by the bank and Chanda...

23 Sept 2018 5:26 PM IST

The rupee yesterday had tumbled by 30 paise to end at a fresh 2016 low of 68.76.

Govt likely to announce lower borrowing programme next week: sources

Investors were also worried whether govt will be able to stick to its fiscal deficit target of 3.3 per cent of gdp.

22 Sept 2018 11:41 AM IST

Yes Bank on Thursday reported a net profit of Rs 1,002.73 crore in the second quarter of the fiscal, up about 25 per cent year-on-year. (Photo: PTI)

Yes Bank slapped with Rs 38 crore in GST fines for violating norms

A bank official, however, said the money has been paid -"in protest-" and the lender believes that it has not violated...

21 Sept 2018 7:19 PM IST