Increased Credit Card in January, double digit growth recorded in expenditure: RBI report

New Delhi: According to the latest data released by the Reserve Bank of India (RBI), consumer expenses have increased by 10.8 percent to Rs 1.84 lakh crore in January 2025…

In the last 12 months, the operating income of Adani Group, improvement in credit parameters, EBITDA increased 10%

New Delhi: Adaani Group’s portfolio companies have set a record of their highest Ebitda or operating income in the last 12 months (TTM: Trailing-Twelve-Month) and have also ensured adequate liquidity…

RBI removed the ban on Kotak Mahindra Bank, permission to connect new customers and release credit card

New Delhi: The Reserve Bank of India (RBI) has lifted sanctions on Kotak Mahindra Bank for about 9 months. This ban was imposed on the bank due to serious flaws…

RBI removed the ban on Kotak Mahindra Bank, permission to connect new customers and release credit card

New Delhi: The Reserve Bank of India (RBI) has lifted sanctions on Kotak Mahindra Bank for about 9 months. This ban was imposed on the bank due to serious flaws…

Big relief for manufacturing MSMEs, government approves mutual credit guarantee scheme

Mutual Credit Guarantee Scheme: This scheme will strengthen the manufacturing sector and the ‘Make in India’ campaign will also get a new speed. New Delhi: The Central Government has approved…

Number of people using credit cards in India increased, personal loans also increased

New Delhi: Credit card usage in India has increased by 34 percent in the September quarter, whereas this figure was at 26 percent in the same period of 2023. This…

Israel-Hamas agreed on three-phase ceasefire deal, Trump took credit – Know everything in 10 points

New Delhi: This ceasefire agreement made in three phases includes complete ceasefire, withdrawal of Israeli forces from Gaza and release of hostages. Israel and Hamas agreed to a historic ceasefire…