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Banks must handle poor loan defaulters in a delicate manner.

Banks must handle delicately with poor borrowers who default on their loans. Finance Minister Nirmala Sitharaman made an intervention during a Lok Sabha session, addressing...

Banks to issue Rupay prepaid forex cards: RBI

Rupay prepaid cards will be distributed by banks: RBI The Reserve Bank of India (RBI) has approved the issuance of Rupay prepaid foreign exchange (forex)...

Pine Labs has signed with ICICI Bank

Pine Labs PoS terminals Pine Labs has partnered with ICICI Bank to enable the acceptance of the digital rupee on its point of sale (PoS)...

World Bank cuts India’s GDP growth to 6.3% for 2023-24

India's GDP is expected to slide down to 6.3 percent in 2023-24 as against its earlier estimate of 6.6 percent, mainly due to consumption...

Too early to gauge spillovers of central bank digital currency: Sitharaman

Finance Minister Nirmala Sitharaman on Monday told the Parliament that it is still too early to gauge the spillovers of the central bank digital...

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