Category : Banking


Rupee Gains 1.6% to 93.14 After RBI Measures

The Indian rupee strengthened by 1.6% to settle at 93.14 against the US dollar after RBI measures, though it faces pressure from foreign capital outflows and global factors.

DA Hike for Central Govt Staff Expected Soon: Details

A significant Dearness Allowance (DA) hike for central government employees is likely to be announced soon, with expectations of a 4% increase. This adjustment aims to offset inflation and will impact salaries and pensions for millions.

Rupee Rebounds 151 Paise After RBI Caps Banks' Forex Positions

The Indian rupee surged 151 paise to 93.19 against the US dollar in early trading on Thursday, following an RBI circular that caps banks' net open positions at $100 million. The recovery comes after the currency hit a record low of 94.84 last week.

Health Insurance Portability: The Hidden Complexities

Health insurance portability was designed to allow policyholders to switch insurers without losing continuity benefits. However, medical screening, benefit transfer limits, and post-claim disputes often turn this process into a fraught exercise, revealing

RBI Clarifies Validity of Rs 2000 Notes

The Reserve Bank of India has issued a fresh statement on the validity of Rs 2000 notes, addressing public concerns and providing clear guidelines for holders.

CredResolve Raises Pre-Series A to Revolutionize Debt Collections

AI-powered debt collections firm CredResolve raises Pre-Series A funding led by Merak Ventures. The company plans to expand operations, enhance multilingual AI, and launch a self-serve platform to address India's fragmented ₹60,000 crore collections marke

Rupee Rises 15 Paise to 94.70 vs USD After RBI Rule

The Indian rupee appreciated by 15 paise to 94.70 against the US dollar in early trade on April 1, 2026. This movement follows the Reserve Bank of India's recent directive capping banks' Net Open Position in INR at USD 100 million, with compliance require

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