Bank Of England Raises Interest Rate Tenth Time In Row, Up To 4%
The Bank of England will lift its key interest rate by a half-point to 4.0 per cent.London: The Bank of England on Thursday hiked its interest rate for a tenth…
Bank Credit Growth Rose To 17.2% In July-September: RBI
Aggregate deposit growth was at 9.8 per cent in September 2022, RBI said.(File)New Delhi: Bank credit growth increased to 17.2 per cent in the September quarter as against 7 per…
Singapore Proposes Regulation On Crypto Trading, Stablecoin
MAS said it discourages the public from speculative trading in cryptocurrencies.Singapore: Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid…
What To Watch This Week; RBI Policy, Global Trends Will Be Key Market Drivers
RBI policy, global trends to be key drivers for markets this week: AnalystsNew Delhi: This week, the RBI’s policy decision would be the major event driving trading sentiment in the…
Central Bank Of India Posts Rs 310 Crore Net Profit In March Quarter
Central Bank of India’s bad loans fell to 3.97 per cent from 5.77 per cent.New Delhi: State-owned Central Bank of India on Monday reported a standalone net profit of Rs…
Central Bank Of India May Close 13% Of Its Branches: Report
Central Bank along other lenders was placed under RBI’s prompt corrective action (PCA) in 2017.Mumbai: Central Bank of India, a state-owned commercial bank, plans to shut 13% of its branches…
RBI Bans Paytm Payments Bank From Taking On New Customers
Paytm Payments Bank: RBI bans Paytm Payments Bank from taking on new customersBENGALURU: The Reserve Bank of India has directed Paytm Payments Bank to stop taking on new customers with…
India’s Central Bank To Support Growth As Inflation Seen Easing: RBI Minutes
RBI to support growth as inflation seen easing, MPC minutes showed.MUMBAI: With economic growth in India having lost some momentum due to a third wave of COVID-19 and with inflation…