Maharashtra has approved payment of dearness allowance (DA) arrears for state government employees under the 5th, 6th and 7th central pay commissions (CPC), amounting to a total payout of ₹800…
Category: Banking And Finance
Central Bank of India to open 150 branches, recruit about 1,400 officers in FY27: MD
New Delhi: plans to open 150 branches across the country and also increase its headcount by about 1,400 during the ongoing fiscal to meet its growth target, the bank MD…
EPFO: You will soon be able to withdraw money from EPF account through UPI, Mandaviya says testing complete — Details
The Employees Provident Fund Organisation (EPFO) will soon enable direct transfer of provident fund into member accounts through UPI, Union Labour Minister Mansukh Mandaviya said on Tuesday. According to Mandaviya,…
Gold loans surge 50% in FY26: Why more Indians are borrowing against gold
When money gets tight, many Indians are increasingly turning to something already sitting safely at home, i.e., gold jewellery. Whether it is for medical needs, business expenses, education or simply…
SC seeks Cabinet records in Rs 8,415-crore Yes Bank AT-1 bond write-off case
Coming down heavily on the , the Supreme Court on Wednesday asked Solicitor General Tushar Mehta to produce the Cabinet resolution, minutes of the meeting and related documents on the…
Indian banking system robust despite West Asia crisis, falling forex reserves: Experts
Mumbai: Amid the turbulent times following the West Asia escalations, financial leaders have expressed strong confidence in the resilience of the Indian economy and its banking architecture. They dismissed immediate…
Insurers resist as customer comfort weighs on exec pay
Mumbai: The insurance industry is pushing back against parts of a proposed , arguing that some of the performance-linked metrics under discussion risk becoming overly prescriptive. The Insurance Regulatory and…
Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh funding
New Delhi: Banks have urged the (RBI) to ease the proposed lending norms for (InvITs), arguing that a mandatory three-year operational track record could slow and choke , said people…