Rupee Surge: Rupee surges 66 paise on RBI governor’s remark, sensex up 776 points
File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra (Picture credit: Reuters) MUMBAI: The rupee strengthened sharply on Monday,…
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US firms training AI using Chinese examples: Beijing
Beijing accused US artificial intelligence firms Monday of using Chinese examples to train their models, days after Washington threatened sanctions…
Canara Bank eyes $2.5 billion in foreign currency deposits
BENGALURU: Canara Bank plans to raise $2.3-2.5 billion through foreign-currency deposits under RBI’s FCNR(B) deposit swap window, its MD and…
Polymer Banknotes: Government nod for 2 billion polymer banknotes of Rs 10 & Rs 20
NEW DELHI: The Centre has permitted Reserve Bank of India to print 2 billion pieces of polymer notes initially for…
Access to bond markets must be widened: RBI
MUMBAI: Bond markets need more depth and not just scale so that more enterprises can access market-based finance as the…
Data Leak: Compromised email led to data leak, says Bank of Baroda
MUMBAI: A recent data leak following a cyberattack reported by Bank of Baroda pertained to information in one employee’s email…
Rs 100 Crore Income Club: Rs 100 crore+ income club sees most entries in 4 years
NEW DELHI: Government on Monday said that there were 576 individuals who had disclosed a gross income of over Rs…
Hdfc Bank Penalties: ‘Extra payout’ to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO
The review found instances of “business overreach” but no evidence of mala fide intent or personal gain MUMBAI: HDFC Bank’s…
Rs 100 crore club gets bigger: Number of nine-figure income filers quadruples in five years
India’s Rs 100 crore income club is no longer as exclusive as it once was. More people are reporting nine-figure…
MSRDC case: HDFC Bank’s board imposes Rs 1 lakh penalty each on its MD, CFO and Group head
The board also issued warning letters to the other employees involved in the case. HDFC Bank‘s board has imposed a…