Tag: Finance

Indian Banks Set to Achieve 12.5% Credit Growth in 2024-25: HSBC Indian banks are poised for a credit growth of 12.5 per cent in the upcoming financial year 2025, based on a recent report by...

UCO Bank's Q3 Total Business Grows by 12% UCO Bank has reported impressive growth in its total business for the quarter ending December 2024, showcasing a 12.18% increase to reach Rs 4.88 lakh crore. This...

Bank of Baroda Sees Impressive Growth in Advances and Retail Loans In a recent report, Bank of Baroda revealed significant growth in its retail lending sector, leading to an overall 11.7% increase in global business...

The Indian Rupee has hit a record low against the US Dollar, closing at 85.77 on Friday, marking its ninth consecutive week of losses. This decline is attributed to the weakening of the Chinese...

India's Foreign Exchange Reserves Drop to $640.27 Billion: A Closer Look In a recent update from the Reserve Bank of India (RBI) on Friday, it was reported that India's foreign exchange reserves took a significant...

Impact of Digilocker Outage on Customer Onboarding at Stockbrokers Digilocker, the government-operated digital repository for Indian citizens' documents, experienced a significant outage starting from January 1, causing severe disruptions in customer verification processes for stockbrokers....

Unified Payments Interface (UPI) Transactions Reach Record 16.73 Billion in December: NPCI Report In a groundbreaking development, the National Payments Corporation of India (NPCI) has reported a significant surge in Unified Payments Interface (UPI) transactions...

Post Office Small Savings Schemes Interest Rates Unchanged for Jan-March 2025 In a recent announcement by the Finance Ministry, the interest rates for post office small savings schemes for the period of January to March...

Gold prices have been a hot topic in recent years, with experts predicting a bright future for this precious metal. In 2024, gold prices soared to over Rs 80,000 per 10 grams in the...

Bank Holidays January 2025: A Comprehensive Guide to State-wise Closures As the new year kicks off, it is essential to stay informed about the upcoming bank holidays in January 2025. The Reserve Bank of India...