At the RBI Monetary Policy Committee (MPC) meeting here earlier this month, external member Chetan Ghate had complained of monetary transmission getting worse, according ..
The Central government had Rs 402 crore outstanding loans with the RBI in the week ended October 11, according to a weekly statistical supplement of Reserve Bank of India..
By Swati Bhat
MUMBAI - India's central bank monetary policy committee favours cutting interest rates and continuing with an accommodative stance until the eco..
By Abhirup Roy
MUMBAI - An Indian court on Thursday sent the former managing director of Punjab and Maharashtra Co-operative (PMC) Bank, Joy Thomas, to jail as a ..
The Reserve Bank on Wednesday imposed a Rs 3 crore penalty on SBM Bank (India) for non-compliance of regulatory norms by SBM Bank (Mauritius), which amalgamated with the ..
Guidelines for ‘on tap’ licensing of SFBs
RBI accelerated the financial inclusion drive with the announcement of “Small Finance Bank” (mandator..
Public sector Indian Overseas Bank (IOB) will e-auction 500 plus re-possessed properties worth more than Rs 800 crore next week.
The mega e-auction will be carried out..
By Nupur Anand and Swati Bhat
MUMBAI - Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of India (RBI) data s..
Lower tax = Higher ROAs and capital ratios
Friday’s reforms in tax rates announced by the finance minister, Nirmala Sitharaman, aids our coverage banks’ ea..
In a circular, the RBI said it has been decided to offer on-tap authorisation for Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System (TReDS)..
NEW DELHI : The All India Reserve Bank Employees Association (AIRBEA) on Tuesday suggested regular onsite supervision of cooperative banks by the Reserve Bank of Indi..
The Reserve Bank on Monday asked banks to put in place a board-approved policy for making investment in Infrastructure investment trusts (InvITs). An InvIT is a collectiv..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
BSNL to offer more data, validity under select prepaid plans
Infosys signs agreement with U.S. IRS; sees lower tax rate
Au Small Finance Ban Q2 net profit jumps 88.08% at Rs 171.94 cr
Shree Cement Q2 net profit zooms 526.50% at Rs 309.05 cr
Siyaram Silk Q2 net profit up 23.36% at Rs 30.15 cr
Bharti Infratel Q2 net profit up 18.55% at Rs 478.00 cr
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