Gold loan business is shining as regulatory scrutiny of sector grows

In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. Illustration: Dominic......

RBI fines Axis, IDBI Bank for various violations

Reserve Bank of India on Friday said it has imposed a penalty of Rs 93 lakh on Axis Bank for various violations, including those related to KYC guidelines. Illustration: Uttam Ghosh/Rediff.com The......

EMIs to rise as RBI hikes repo rate by 50 bps

Home, auto and other loan EMIs will rise after Reserve Bank of India on Wednesday raised the key interest rate by 50 basis points, the second increase in five weeks, to rein in rise in prices that......

Rs 26,697 cr lying in dormant bank accounts: Sitharaman

As much as Rs 26,697 crore was lying in dormant accounts of banks, including cooperative banks, as on December 31, 2020, Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday.......

Aus club cricketer takes six wickets in six balls!

IMAGE: The Mudgeeraba Nerang & Districts Cricket Club and Gareth Morgan (ball in hand) celebrate their win. Photograph: Facebook Gareth Morgan, a third division club cricketer from Australia, has......

UCB in the dark about Indian tour

South Africa is still in the dark about the itinerary for the India tour, scheduled this November, an official of the country's cricket board said.Brian Basson, manager Cricket Affairs in the......

Ngam will not be replaced: UCB

The injured Mfuneko Ngam will not be replaced in the South Africa squad to tour New Zealand, the United Cricket Board (UCB) said on Friday.The fast bowler was ruled out of the tour with a stress......

ICC chief criticises UCB

ICC president Ehsan Mani has criticised the way the United Cricket Board of South Africapulled out of its tour to Pakistan, but welcomed its decision to go ahead with a revised itinerary. South......

Mali elected UCB president

The South African cricket boardelected its first-ever black African president. The 66-year-old Ray Mali, a former president of the Border Cricket Union in the town of East London, was elected at......