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......

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......

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......

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......

Profile - Ray Mali

Ray Mali, who assumes the role of acting president following the untimely death of Percy Sonn, has proved himself to be a talented and committed administrator willing to embrace change if it is in......

ICC president Sonn critically ill

International Cricket Council president Percy Sonn is gravely ill in hospital after surgery, his personal assistant said on Tuesday. "He is critically ill," George Hector told Reuters from Cape......

SA team to play in Duleep Trophy

The KwaZulu-Natal provincial cricket team in South Africa, known as the Dolphins, will play in India's prestigious Duleep Trophy tournament later this year.The United Cricket Board of South Africa......

Zimbabwe's Taibu, Blignaut to play in South Africa

Zimbabweans Tatenda Taibu and Andy Blignaut will play for South African franchises this season, the United Cricket Board (UCB) said on Wednesday. Zimbabwe captain Taibu will play for the Cape......