Salil Panchal

The bank did a successful pilot in January this year, time-in-time out function scrapped at Bank, says CHRO. Other corporates have either re-introduced or continued with their hybrid/work-from-home models in wake of Prime Minister's appeal to reduce fuel consumption.

After resetting its strategy post the RBI ban, Mastercard is now doubling down on its India bet.

Cross-border remittance services from Greece to India opened, through UPI platform; no immediate plans to apply for commercial banking licence from RBI.

Central bank wants to keep liquidity conditions comfortable due to the drag on rupee liquidity after regular forex interventions in recent days in attempt to reduce rupee volatility, say economists.

Financial conditions, crude oil prices and capital flows pose challenges to the external sector outlook.

Shares of private lender HDFC Bank fell as much as 2.5% intraday to ₹759 at the BSE on Wednesday, after a media report blamed the lender

Even as inflationary pressures continue to rise due to higher crude oil prices, the Reserve Bank of India (RBI) is unlikely to hike interest rates

Clientele will include those with an investible surplus of ₹2 crore, entrepreneurs, family offices, trusts, and non-resident Indians.

The rural economy growing faster than the urban economy; private capex plans are being put in place, they said.

Bank says appropriate actions had already been taken based on regulatory and internal policies.