Top 10 Richest Countries in 2025: IMF Ranking
Discover the top 10 wealthiest nations for 2025 based on GDP per capita (PPP). See which countries lead in prosperity and the key factors behind their economic success.
Category : Search result: World Bank IMF India financial sector
Karuvannur Bank Scam: Rs 263 Cr Still Unpaid to Depositors
Years after the Karuvannur cooperative bank scam surfaced, over Rs 260 crore remains locked for 30,078 depositors. Govt data reveals slow repayments hinge on loan recovery. Details inside.
Bank Holiday List for 22-28 December: 6 Days Off
Banks will be shut for up to six days next week in parts of India due to festivals and weekends. Check the full state-wise list of closures and available online services.
PSU Banks Lead 2025 Rally, Nifty Index Gains 28%
State-owned banks like Canara Bank and SBI are top picks for Dalal Street in 2025, outperforming private banks. The Nifty PSU Bank index surges 28%, driven by credit growth and strong asset quality. Read more.
MUFG Bank's Rs 39,618 Crore FDI in Shriram Finance
Japan's largest bank, MUFG, makes a historic Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking the largest FDI in India's financial services sector. Read details.
India's Forex Reserves Rise to $688.949 Billion in December
India's foreign exchange reserves surged by $1.689 billion to $688.949 billion for the week ending December 12, RBI data shows. Gold and foreign currency assets saw significant growth. Read the full analysis.
India's $5 Trillion Economy Target Pushed to 2028-29
IMF data shows India's $5 trillion GDP target is delayed by 3-4 years. We analyze the impact on jobs, EMIs, investments, and daily costs for Indian households.
IMF May Raise India's GDP Growth Forecast to 7%: Gopinath
Former IMF deputy MD Gita Gopinath predicts the Fund will upgrade India's growth forecast closer to 7% for the current fiscal, citing strong Q2 data and global AI spending offsetting tariff impacts.
HDFC Bank To Raise Stake In IndusInd Bank To 9.5%
HDFC Bank subsidiaries get RBI approval to acquire up to 9.5% stake in IndusInd Bank. The move signals strong support for the lender. Read the full details here.
FIFA World Cup 2026 Draw: Groups Revealed for 48 Teams
Follow live updates as the FIFA World Cup 2026 draw unfolds, determining the groups for a record 48 teams, including champions Argentina and finalists France. Discover the path to glory.
IMF Mulls More Support for Sri Lanka After Cyclone Ditwah
IMF is assessing options to aid Sri Lanka's recovery from Cyclone Ditwah's devastation. Read about the economic impact and the crucial $3 billion bailout's next steps.
IMF 'C' Grade Due to Old Base Year, Says FM Sitharaman
Finance Minister Nirmala Sitharaman clarifies IMF's 'C' rating stems from an old 2011-12 base year, not growth data. India to adopt new 2022-23 base from 2026. Read details.
Yes Bank, Union Bank Enter Nifty Bank Index
Yes Bank and Union Bank of India set to join NSE's Nifty Bank index, expanding it to 14 stocks. New SEBI rules trigger $670M outflows from HDFC, ICICI Bank. Read the full analysis.
IMF 'C' Rating Questions India's GDP Data Quality
The IMF's 'C' rating highlights long-standing issues with India's GDP data, including an outdated base year and deflator problems, casting doubt on the impressive 8.2% Q2 growth figure. Experts call for urgent statistical reforms.
IMF's 'C' grade for India's economic data spurs improvement drive
The IMF's critique of India's economic statistics highlights data quality issues but is seen as a cue for improvement, not alarm. India's 8.2% GDP growth for Q2 2025-26 remains robust. Read more.
India's Mega PSB Merger Plan: Balancing Scale and Risk
India plans new public sector bank mergers to create global-sized lenders. While aiming to fund major projects, the move raises concerns over heightened systemic risk and concentration. Can India achieve scale without amplifying vulnerabilities?
India's 8.2% GDP growth faces IMF data quality scrutiny
India's economy grew at 8.2% in Q2 FY25, its fastest pace in 6 quarters. Yet, the IMF gives its national accounts a 'C' grade, sparking a debate on data quality. We explain the clash and what it means.
SBI shares jump 25% in 2025, set for best year
State Bank of India's stock soars nearly 25% in 2025, outpacing private peers. Driven by strong fundamentals and a positive economic outlook, analysts see more growth ahead. Discover why SBI is a top pick for investors.
IMF keeps C-grade for India's GDP data, seeks improvements
IMF maintains C-rating for India's national accounts while government prepares new GDP series for 2026. Learn what this means for India's economic data credibility and upcoming changes.
Banks Open Today: November 29, 2025 Status
Banks remain operational across India on November 29, 2025, being the fifth Saturday. Check regional exceptions in Arunachal Pradesh and Nagaland. Plan your banking activities accordingly.
IMF keeps 'C' grade for India's GDP data before revision
IMF maintains 'C' grade for India's GDP data, citing methodological issues. India plans major data overhaul with new 2022-23 base year series in February 2026. Read more.
India's forex reserves fall $4.47 billion to $688.1 bn
India's foreign exchange reserves declined by $4.472 billion to $688.104 billion for week ended November 21, primarily due to falling gold reserves value. Read full analysis.
December 2025 Bank Holidays: RBI Lists 13 Closures
Plan your December 2025 finances! The RBI has announced 13 state-wise bank holidays. Check the complete list for Christmas, regional festivals, and long weekends.
IMF Reclassifies India's Currency Regime
The IMF has changed India's exchange-rate classification to 'crawl-like arrangement', citing RBI's frequent intervention. Discover the impact on the rupee and economic growth forecasts.
Odisha SBI branch uses tractor-ladder after demolition
An SBI branch in Odisha's Bhadrak became inaccessible for 2 days after an anti-encroachment drive demolished its staircase. Staff & customers used a tractor-mounted ladder. Full story inside.
IMF Reclassifies India's Exchange Rate Framework
IMF reclassifies India's exchange rate to 'crawl-like', urging more flexibility. Rupee volatility rises under RBI's Malhotra. Discover the impact on India's economy and global trade.
IMF Lauds India's Strong Economic Performance
IMF applauds India's 7.8% growth in FY26's first quarter, endorsing RBI's monetary policy while recommending accelerated structural reforms for sustained development.
IMF Forecasts 6.6% Growth for India in FY2025-26
IMF's latest assessment reveals India's strong economic outlook with 6.6% growth forecast. Discover how prudent policies and structural reforms drive sustained growth and reduce poverty.
IMF Criticizes Pakistan's Fiscal Mismanagement
IMF exposes Pakistan's fiscal mismanagement and lack of transparency in new report. Discover the critical findings and their implications for Pakistan's economy.
PSU Bank Stocks Surge 30% in 2025, SBI at All-Time High
Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.
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