Public Financial Institutions

All government, municipal corporation, and private offices and schools in Delhi will remain shut from September 8-10 in view of the G20 Summit, Arvind Kejriwal said, adding that banks, financial institutions, and shops will also remain closed.

Nirmala Sitharaman said public sector financial institutions had released detailed statements showing they had limited exposure to Adani Group and would not be significantly affected by the share crash.

The government expects 17 per cent higher dividend at Rs 48,000 crore from the Reserve Bank of India (RBI), public sector banks and financial institutions in 2023-24.

The Bank of Spain (BDE) has expressed its intentions of launching a test programme soon, that would examine the use cases of wholesale CBDC. This form of a CBDC is majorly used by financial institutions, rather than by the public for day-to-day use cases. Spain is the only nation that is testing a wholesale CBDC.

To support Agniveers, the finance ministry on Thursday held a meeting with heads of public sector banks and financial institutions to explore employment opportunities and financial benefits for 'Agniveers' in their respective organisations.

Digital payments firm MobiKwik could delay its initial public offering (IPO) by two to three months and could even push it to the next financial year as it struggles to get foreign institutional backers at the right valuation, the Economic Times newspaper reported on Tuesday.

Congress leader Randeep Singh Surjewala on Wednesday accused the government of destroying the financial institutes as well as public sector banks. Issuing a press release, Mr Surjewala touched upon a number of issues relating to the country's economy, accusing the government of failure.

Crisis-hit Yes Bank is set to resume full banking operations starting 6 pm today, paving way for its troubled depositors to make withdrawals without any restrictions. The Reserve Bank of India (RBI) had earlier superceded Yes Bank's board and imposed a moratorium on the beleaguered private sector bank, permitting customers to only take out up to Rs...

Employees' union of Life Insurance Corporation (LIC) has strongly opposed the government's plan to sell a part of its holding in the country's largest financial institution through a public issue.

The Union Cabinet on Wednesday cleared a bond exchange-traded fund programme, called Bharat Bond. Aimed at strengthening the country's bond market and boosting retail investor participation, the Bharat Bond ETF will constitute bonds issued by the central public sector enterprises (CPSEs) and public financial institutions, Finance Minister Nirmala S...

Public Provident Fund (PPF) account, a retirement planning-focused instrument, is considered among the most sought after investment products by financial experts. It is offered by various institutions including India Post and commercial lenders such as State Bank of India (SBI). The scheme was introduced by the National Savings Organization in 1968...

Public sector lender State Bank of India, and its private sector peers ICICI Bank and HDFC Bank, among several other financial institutions, are members of payments systems RTGS and National Electronic Funds Transfer (NEFT). There are more than 1.1 lakh RTGS-enabled bank branches, according to the RBI website.

A Public Provident Fund (PPF) account is considered among the most sought after investment products by financial advisors. Offered by various institutions including India Post and commercial lenders such as State Bank of India (SBI), PPF is a retirement planning-focused investment instrument that helps individuals save from a long-term perspective....

The Parliamentary Standing Committee on Economic Affairs has directed the Union Finance Ministry to make separate reports on black money filed by three research institutes -- the National Institute of Public Finance and Policy, National Institute of Financial Management and the National Council of Applied Economic Research -- available to the publi...

It has not been a good year for the banking sector. As top lenders of the country - SBI, PNB and Canara Bank - uncovered banking frauds, one after another, customers and investors lost their trust in financial institutions while the government and the central bank exchanged a war of words. The government asked the Reserve Bank of India to fulfil i...

All government, municipal corporation, and private offices and schools in Delhi will remain shut from September 8-10 in view of the G20 Summit, Arvind Kejriwal said, adding that banks, financial institutions, and shops will also remain closed.

Nirmala Sitharaman said public sector financial institutions had released detailed statements showing they had limited exposure to Adani Group and would not be significantly affected by the share crash.

The government expects 17 per cent higher dividend at Rs 48,000 crore from the Reserve Bank of India (RBI), public sector banks and financial institutions in 2023-24.

The Bank of Spain (BDE) has expressed its intentions of launching a test programme soon, that would examine the use cases of wholesale CBDC. This form of a CBDC is majorly used by financial institutions, rather than by the public for day-to-day use cases. Spain is the only nation that is testing a wholesale CBDC.

To support Agniveers, the finance ministry on Thursday held a meeting with heads of public sector banks and financial institutions to explore employment opportunities and financial benefits for 'Agniveers' in their respective organisations.

Digital payments firm MobiKwik could delay its initial public offering (IPO) by two to three months and could even push it to the next financial year as it struggles to get foreign institutional backers at the right valuation, the Economic Times newspaper reported on Tuesday.

Congress leader Randeep Singh Surjewala on Wednesday accused the government of destroying the financial institutes as well as public sector banks. Issuing a press release, Mr Surjewala touched upon a number of issues relating to the country's economy, accusing the government of failure.

Crisis-hit Yes Bank is set to resume full banking operations starting 6 pm today, paving way for its troubled depositors to make withdrawals without any restrictions. The Reserve Bank of India (RBI) had earlier superceded Yes Bank's board and imposed a moratorium on the beleaguered private sector bank, permitting customers to only take out up to Rs...

Employees' union of Life Insurance Corporation (LIC) has strongly opposed the government's plan to sell a part of its holding in the country's largest financial institution through a public issue.

The Union Cabinet on Wednesday cleared a bond exchange-traded fund programme, called Bharat Bond. Aimed at strengthening the country's bond market and boosting retail investor participation, the Bharat Bond ETF will constitute bonds issued by the central public sector enterprises (CPSEs) and public financial institutions, Finance Minister Nirmala S...

Public Provident Fund (PPF) account, a retirement planning-focused instrument, is considered among the most sought after investment products by financial experts. It is offered by various institutions including India Post and commercial lenders such as State Bank of India (SBI). The scheme was introduced by the National Savings Organization in 1968...

Public sector lender State Bank of India, and its private sector peers ICICI Bank and HDFC Bank, among several other financial institutions, are members of payments systems RTGS and National Electronic Funds Transfer (NEFT). There are more than 1.1 lakh RTGS-enabled bank branches, according to the RBI website.

A Public Provident Fund (PPF) account is considered among the most sought after investment products by financial advisors. Offered by various institutions including India Post and commercial lenders such as State Bank of India (SBI), PPF is a retirement planning-focused investment instrument that helps individuals save from a long-term perspective....

The Parliamentary Standing Committee on Economic Affairs has directed the Union Finance Ministry to make separate reports on black money filed by three research institutes -- the National Institute of Public Finance and Policy, National Institute of Financial Management and the National Council of Applied Economic Research -- available to the publi...

It has not been a good year for the banking sector. As top lenders of the country - SBI, PNB and Canara Bank - uncovered banking frauds, one after another, customers and investors lost their trust in financial institutions while the government and the central bank exchanged a war of words. The government asked the Reserve Bank of India to fulfil i...