RBI injected Rs 2.98 lakh crore liquidity in 2018-19.
New Delhi: The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 2018-19, one of its reports said...


Minding Growth: RBI cuts repo rate by 25 bps — check new rates and inflation forecast
Indicating a greater willingness under new governor Shaktikanta Das to address the objective of growth while being tenacious to the...


MSC Bank clears way for export of 7 lakh tonnes of sugar
PUNE: The Maharashtra State Cooperative Bank has agreed to extend a loan to sugar mills in the state, enabling them to immediately export...


MSME sector: RBI takes measures to increase credit flows; most PCA banks met mandatory priority lend
Amid a raging debate on the need for easing rules governing credit to MSMEs, an analysis of RBI data on such loans shows that a large...


Supreme Court asks Centre to clear stance on cryptocurrency within two weeks
The Supreme Court has asked the government to clarify its stand on the matter of cryptocurrencies. While hearing petitions challenging a...


Bitcoin can be stolen: Huge! Check how much cryptocurrency has been lost to theft in 2018
Bitcoin’s popularity and the emergence of several other digital coins have drawn the attention of hackers into the cryptocurrency space...


Banks move to alert ED on exporters whose payments have been delayed
MUMBAI: In the past few days, banks have shared with the Enforcement Directorate the names of thousands of exporters who have not...


SBI halves ATM withdrawal limit to Rs 20,000
MUMBAI: State Bank of India (SBI) has halved cash withdrawal limit on its ATM cards ahead of the festival season citing fraud precaution...


Aadhaar’s out, other documents back for banks
MUMBAI: Bankers feel that with Aadhaar no longer mandatory, the alternative documents for KYC would be those officially valid as...


Last chance to claim GST Credits for previous fiscal: All you need to do within this month
The credit of GST paid on expenses against the GST collected on revenue is the heart of a ‘value added’ tax system. Thus, GST credits are...

