Tag: bank

Financial savings by Indian households shift away from bank deposits to capital markets

As of FY22, household savings in financial assets stand at Rs 28 trillion, twice the Rs 14 trn seen in FY12.

February 18, 2024

RBI directs banks to roll out Card-on-File token facility for customers

RBI introduced Card-on-File Tokenisation (CoFT) in September 2021 and began implementation from October 1, 2022.

December 21, 2023

Banks, midcaps and small caps continue to power stock market rally

The rally hereon would be all about India and its development, growth and Make in India and Made in India.

December 10, 2023

Time for investors to bank on a couple of PSU and private banks

The Indian banks delivered healthy earnings during the second quarter of FY24, but the performance was marked by slowing momentum.

December 9, 2023