RBI allows Paytm Bank to restart account opening

The RBI had asked the bank to stop adding new customers about six months back in June. Read more »

Centre infuses Rs 3,076 crore capital into UCO Bank

The lender posted Rs 1,136.44 crore net loss for the second quarter of FY19 against a net loss of Rs 622.56 crore for the same period of previous fiscal Read more »

SpiceJet flight makes emergency landing due to ‘technical issue’

According to Ministry of Civil Aviation (MOCA), SpiceJet's Bombardier Q400 aircrafts have faced a total of 1,993 "technical defects or snags" in 2017. Read more »

Axis Bank MD & CEO Shikha Sharma retires

Amitabh Chaudhry will be the new managing director and CEO of the bank with effect from January 1, 2019, it said further. Read more »

Home prices eased in last 5 years, despite better housing credit growth: RBI

The large pile of unsold homes resulting from tepid demand conditions gradually led to moderation in price increase. Read more »

Year End Report Looks at Email Marketing on the Biggest Shopping Days of 2018

Email trends which worked during Black Friday/Cyber Monday 2018. Read more »

India exempts rupee payments for Iran oil from hefty taxes

The exemption will let Indian refiners settle about $1.5 billion in outstanding payments. Read more »

India’s diesel demand to double by 2029-30: Dharmendra Pradhan

India saw oil consumption rise from 197.8 MT in 2015 to 217.1 MT in 2016 and 222.1 MT in 2017, the Oil Minister said. Read more »

Govt forms committee for ‘effective’ implementation of real estate law RERA

RERA, which protects the interest of home buyers, empowers states to notify their rules and appoint regulatory authorities. Read more »

Banks’ bilateral exposure to financial system at 46.5%: RBI

NBFCs were the largest net borrowers of funds from the financial system with gross payables of around Rs 7.46 lakh crore and gross receivables of around Rs 56,000 crore as at September-end... Read more »