New Delhi, April 8 (IANS) The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25 per cent will ensure sustainability of the ongoing recovery, ensure credit growth and keep borrowing costs stable, economists and bankers said on Wednesday.The central bank’s decision reflects a balanced and ‘safety-first’ approach, prioritising macroeconomic stability, said Ajay Kumar Srivastava, Managing Director & CEO, Indian Overseas Bank, also lauding RBI’s continued focus on i…
Latest South Indian Bank News & Updates
Kolkata, Jan 6 (IANS) Following the announcement made by junior doctor Aniket Mahato, one of the prominent faces seeking justice in the RG Kar rape-murder case, regarding his decision to withdraw from his Senior Resident (SR-ship) position last week, he has now reached out to the public for financial assistance to cover the government bond amounting to Rs 30 lakh.Mahato published a QR code on social media on Monday night after resigning from his Senior Residency earlier in the day.The QR code co…
New Delhi, Dec 24 (IANS) The number of deals in the banking, financial services and insurance (BFSI) space rose threefold in CY 25, a report said on Wednesday.The report from financial services firm Equirus Capital said that the year saw 30 deals compared to 10 deals in 2024, with banks and non‑bank financial companies accounting for mergers, acquisitions and strategic deals worth Rs 42,939 crore.Other BFSI segments recorded deals worth Rs 43,014 crore, it added.The firm highlighted that NBFCs…