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Finance

Merchant payment via wallets on UPI to attract 1.1% interchange from Apr 1

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Come April 1, wallet holders will be able to use their balance to pay merchants with any UPI QR code, thus paving the...
Finance

Rupee depreciates by 10 paise to 82.26 against US dollar in early trade

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The rupee declined by 10 paise to 82.26 against the US dollar in opening trade on Wednesday due to firm crude oil prices...
Finance

RBI to raise rates once more on April 6 but leave door open for more: Poll

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The Reserve Bank of India will raise its main interest rate by 25 basis points on April 6 and then pause for the...
Finance

Finance minister asks public banks to take stress tests; what are these?

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Bank stress tests were introduced after the 2008 financial crisis, and they revealed the vulnerability of banks to market crashes and economic downturns Source...
Finance

EPFO raises interest rate to 8.15% for FY23 from 8.1% last year: Report

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EPFO aims to invest more in equity for younger members, expand horizonHow to check pension status on EPFO portal: Here's a step-by-step guideFresh...
Finance

EPFO fixes 8.15% interest rate on employees’ provident fund for FY23

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EPFO raises interest rate to 8.15% for FY23 from 8.1% last year: ReportEPFO aims to invest more in equity for younger members, expand...
Finance

EXIM Bank expects foreign currency borrowings to be $3-3.5 bn in FY24

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Bank of Baroda increases MCLR from 8.3% to 8.5% effective January 12Axis Bank hikes MCLR by 25 bps, joining other lenders in policy...
Finance

UCO Bank MD & CEO

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The Supreme Court verdict on fraud-tagging is likely to lengthen the process for banks, Soma Sankara Prasad, managing director and chief executive officer,...
Finance

G-20 sets up an expert panel on multilateral institution reforms

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NK Singh, Larry Summers to head the expert group Source link
Finance

Rupee appreciates 15 paise to 82.16 against US dollar in early trade

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The rupee gained 15 paise to 82.16 against the US dollar in early trade on Tuesday as the weakness of the American currency...
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