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22-Jan-2024

Union Bank of India's net profit jumped 60% in December quarter

The bank said that its interest income in the quarter under review stood at Rs 25,363 crore, which was Rs 20,883 crore in the same quarter of the last financial year.

 

Public sector Union Bank of India's net profit jumped 60 per cent to Rs 3,590 crore in the third quarter of t...

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18-Jan-2024

Secure Your Identity with Track Now: Safeguarding Against Financial Fraud

In an era where digital advancements bring both convenience and risks, protecting our personal information is paramount. Financial fraud, particularly identity theft, has become a prevalent concern in today's interconnected world. Fortunately, the "Track Now" app emerges as a promising solution, ...

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18-Jan-2024

Financial Year 2025 Growth Rate to Remain at 7% for India, Need to Align Inflation Rate: RBI Bulletin

The Reserve Bank of India (RBI) estimates that India's economy will grow at a rate of 7% in the financial year 2025, but this projection may be revised during the Monetary Policy Committee (MPC) meeting scheduled for February 8.

 

On Thursday, the RBI released its monthly bulleti...

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06-Jan-2024

Bank of Spain Partners with Cecabank, Abanca, and Adhara Blockchain for CBDC Testing

Spain's Central Bank Takes Stride in Wholesale CBDC Pilot

In a significant development, Banco de España, the central bank of Spain, has chosen its collaborators for the central bank digital currency (CBDC) tests. Following a year-long open call for partners, the central bank announc...

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05-Jan-2024

Gautam Adani Surpasses Mukesh Ambani, Emerges as Asia's Richest Man with a Net Worth of $97.6 Billion

Gautam Adani has become the richest man in Asia, surpassing Mukesh Ambani and climbing to the 12th position in the global billionaire index. With a net worth of $97.6 billion, the founder of the Adani Group is now the wealthiest individual in India and Asia. Adani's fortune witnessed a remarkable...

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