The Reserve Bank of India (RBI) penalised 26 banks and financial institutions in May for various regulatory lapses, with ...

RBI has imposed a fine of ₹63.6 lahks on Union Bank of India and ₹40 lahks on Transaction Technologies (Lendbox) for ...

SBI says higher-than-budgeted dividend from RBI gives government room to lower FY26 fiscal deficit to 4.2 per cent of GDP or ...

The fiscal deficit of the central government could ease by 20 to 30 basis points from the budgeted level of 4.5 per cent to 4 ...

The Central Bank of Nigeria (CBN) recently launched the Non-Resident Biometric Verification Number (NRBVN) platform, ...

This was an economy doing yoga: uncomfortable but not wounded. Fin-tech platforms like Sadapay, Nayapay, and Easypaisa ...

Together, these codes play a crucial role in ensuring smooth and secure financial transactions within the banking system. The Indian Financial System Code (or IFSC) is an 11-digit alpha-numeric code ...

The branch code is a unique identifier that helps distinguish one branch of a bank from another within the same network ... to facilitate easy identification and communication within the banking ...

In a major fiscal development, the Reserve Bank of India (RBI) has announced a record dividend transfer of Rs 2.7 lakh crore ...

After seven years of deliberation, the House of Representatives (DPR) passed Law No. 6/2014 on Village Administration, in December last year. The regulations contained in it are seen as revolutionary, ...

While tensions between Washington and Beijing ease, Indonesia faces tougher trade scrutiny. Stricter United States rules ...