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Asian Development Bank Chief Pledges $10 Billion For India's Urban Infrastructure
Prime Minister Narendra Modi on Sunday took to X to share a picture of meeting with the Asian Development Bank (ADB) president Masato Kanda at his official residence.
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Bank Holidays in June 2025: Check The Complete State-Wise List
Banks across India will observe five holidays in June 2025 in addition to weekends. Customers should refer to the state-wise list to avoid inconvenience and are advised to use online services when branches are closed.
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US Dollar Weakness Opens Door For RBI To Further Cut Repo Rates: Report
The weakness in the US dollar has created real room for the Reserve Bank of India (RBI) to lower interest rates further by up to 75 basis points (bps) by the end of calendar year 2025, as per a report by global financial services firm Jefferies.
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India's Real GDP Growth Projected At 6.5% In FY 2025-26: RBI
The real GDP growth for India in FY 2025-26 is projected at 6.5 per cent, with risks evenly balanced, the Reserve Bank of India (RBI) said on Thursday.
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Probe Agency Attaches Assets Worth Rs 2.34 Crore In J&K Crypto Scam
The Enforcement Directorate (ED) Srinagar said on Wednesday that it has attached two bank accounts and immovable property worth Rs 2.34 crore in a bogus cryptocurrency scam.
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HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
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Sensex Jumps 280 Points, Nifty Up 109 Points In Early Trade
The Indian benchmark indices opened higher on Friday amid mixed global cues, as buying was seen in the FMCG, IT, and auto sectors in the early trade.
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DoT to Share Financial Fraud Risk Indicator Data With Banks, UPI Service Providers and Financial Institutions
The Department of Telecommunications (DoT) will share Financial Fraud Risk Indicator (FRI) data with financial institutions, including banks and UPI providers. This FRI metric, developed by the Digital Intelligence Platform, classifies mobile numbers into three risk levels linked to financial fraud. PhonePe is an early adopter, using FRI data to al...
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Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
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Stock Market Opens Flat Amid Mixed Global Cues
The domestic benchmark indices opened flat on Monday amid mixed global cues, as selling was seen in the IT sector in the early trade.
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Tamil Nadu Women Duped Of Rs 81.7 Lakh In Digital Arrest Scam, 4 Arrested
The Cyber Crime wing of the Tamil Nadu Police has arrested four individuals, including a woman from Pollachi, for allegedly opening mule bank accounts to assist a cyber fraud network operating out of North India.
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N Sitharaman Asks Banks To Ensure Uninterrupted Services Amid India-Pak Tensions
Finance Minister Nirmala Sitharaman on Friday asked banks to remain vigilant and take all steps to ensure uninterrupted services to customers in view of heightened military conflict between India and Pakistan.
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US Banks Permitted to Offer Crypto Custody and Management Services, OCC Confirms
The US Office of the Comptroller of the Currency (OCC) has clarified that all national banks and federal savings associations under its control are permitted to offer crypto services to their clients. These may include crypto-to-fiat conversions, trade executions, and tax services among others.
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Banks To Remain Closed For Three Consecutive Days: Here's What You Need To Know
Banks across India will be closed for three consecutive days from April 29 to May 1, 2025, due to regional holidays. Digital services will remain operational.
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Sensex Rises Over 400 Points, Nifty Up 100 Points As Trade War Worries Ease
The domestic benchmark indices opened higher on Tuesday amid positive cues from global markets, as buying was seen in the PSU bank, auto and IT sectors in the early trade.
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Asian Development Bank Chief Pledges $10 Billion For India's Urban Infrastructure
Prime Minister Narendra Modi on Sunday took to X to share a picture of meeting with the Asian Development Bank (ADB) president Masato Kanda at his official residence.
-
Bank Holidays in June 2025: Check The Complete State-Wise List
Banks across India will observe five holidays in June 2025 in addition to weekends. Customers should refer to the state-wise list to avoid inconvenience and are advised to use online services when branches are closed.
-
US Dollar Weakness Opens Door For RBI To Further Cut Repo Rates: Report
The weakness in the US dollar has created real room for the Reserve Bank of India (RBI) to lower interest rates further by up to 75 basis points (bps) by the end of calendar year 2025, as per a report by global financial services firm Jefferies.
-
India's Real GDP Growth Projected At 6.5% In FY 2025-26: RBI
The real GDP growth for India in FY 2025-26 is projected at 6.5 per cent, with risks evenly balanced, the Reserve Bank of India (RBI) said on Thursday.
-
Probe Agency Attaches Assets Worth Rs 2.34 Crore In J&K Crypto Scam
The Enforcement Directorate (ED) Srinagar said on Wednesday that it has attached two bank accounts and immovable property worth Rs 2.34 crore in a bogus cryptocurrency scam.
-
HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
-
Sensex Jumps 280 Points, Nifty Up 109 Points In Early Trade
The Indian benchmark indices opened higher on Friday amid mixed global cues, as buying was seen in the FMCG, IT, and auto sectors in the early trade.
-
DoT to Share Financial Fraud Risk Indicator Data With Banks, UPI Service Providers and Financial Institutions
The Department of Telecommunications (DoT) will share Financial Fraud Risk Indicator (FRI) data with financial institutions, including banks and UPI providers. This FRI metric, developed by the Digital Intelligence Platform, classifies mobile numbers into three risk levels linked to financial fraud. PhonePe is an early adopter, using FRI data to al...
-
Ripple Partners With Two Banks to Launch Cross-Border XRP Payments in the UAE
Ripple has partnered with the Zand Bank and Mamo in the UAE, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. Ripple is the first authorised blockchain payments provider for the DIFC.
-
Stock Market Opens Flat Amid Mixed Global Cues
The domestic benchmark indices opened flat on Monday amid mixed global cues, as selling was seen in the IT sector in the early trade.
-
Tamil Nadu Women Duped Of Rs 81.7 Lakh In Digital Arrest Scam, 4 Arrested
The Cyber Crime wing of the Tamil Nadu Police has arrested four individuals, including a woman from Pollachi, for allegedly opening mule bank accounts to assist a cyber fraud network operating out of North India.
-
N Sitharaman Asks Banks To Ensure Uninterrupted Services Amid India-Pak Tensions
Finance Minister Nirmala Sitharaman on Friday asked banks to remain vigilant and take all steps to ensure uninterrupted services to customers in view of heightened military conflict between India and Pakistan.
-
US Banks Permitted to Offer Crypto Custody and Management Services, OCC Confirms
The US Office of the Comptroller of the Currency (OCC) has clarified that all national banks and federal savings associations under its control are permitted to offer crypto services to their clients. These may include crypto-to-fiat conversions, trade executions, and tax services among others.
-
Banks To Remain Closed For Three Consecutive Days: Here's What You Need To Know
Banks across India will be closed for three consecutive days from April 29 to May 1, 2025, due to regional holidays. Digital services will remain operational.
-
Sensex Rises Over 400 Points, Nifty Up 100 Points As Trade War Worries Ease
The domestic benchmark indices opened higher on Tuesday amid positive cues from global markets, as buying was seen in the PSU bank, auto and IT sectors in the early trade.
