RBI approves merger of New India Co-operative Bank with Saraswat Co-operative Bank, safeguarding customer interests.

New India Co-operative Bank has been under regulatory scrutiny since February 2025, following allegations of a ₹122-crore ...

Major banks have systematically lowered their FD rates and the interest rates on savings accounts following RBI's 1% repo ...

Reserve Bank of India (RBI) approves the merger of New India Co-operative Bank Ltd (NICBL) with Saraswat Co-operative Bank, effective August 4th. Saraswat Bank will assume all assets and liabilities.

The Reserve Bank of India is expected to maintain the status quo on repo rates in the August 6 MPC meet, as per HSBC Global ...

Chetan Ahya, Chief Asia Economist at Morgan Stanley, expects India’s GDP to grow at 6.4% in calendar year 2025, factoring in ...

The banks that have implemented the MuleHunter AI are Canara Bank, Punjab National Bank, Bank of India, Bank of Baroda, and ...

Saraswat Co-operative Bank secured RBI's approval for merging with New India Co-operative Bank. The merger takes effect on ...

Of the 15 economists polled, opinions were divided. While 11 economists expected the RBI MPC to maintain status quo, four ...

A bench of Justices Surya Kant and Joymalya Bagchi was dealing with a public interest litigation (PIL) seeking strict ...

India's foreign exchange reserves have risen by $2.7 billion, reaching a total of $698.19 billion as of July 25, according to ...