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Govt allows banks to deposit old notes with RBI

Cooperative banks have also been allowed to exchange old currency notes with the RBI.

21 Jun 2017 1:07 PM

RBI move on insolvency proceedings credit positive: Moody's

RBI has also asked banks to also review other NPAs and finalise a resolution plan over the next six months.

19 Jun 2017 6:45 PM

Risk weights cut on home loans credit negative for banks: report

RBI lowered the risk weight for housing loans above Rs 75 lakh to 50 per cent from the earlier 75 per cent.

15 Jun 2017 3:25 PM

Telcos under stress, can default on loans: Banks tell panel

The letter had noted that the total EBITDA in the sector on an annualised basis is Rs 65,000 crore.

15 Jun 2017 9:37 AM

Resolution of Indian banks' bad loans primary focus of govt: Sanyal

Sanyal's comments came a day after the RBI revealed that it had identified 12 of the largest loan defaulters.

14 Jun 2017 11:34 AM

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65 pc of 9.50 trillion agri debt may be potentially waived: Nomura

Debt waiver in the near term leads to relief in agri NPAs for banks in that state.

14 Jun 2017 9:42 AM

No assurance on write-offs due to merger: SBI

Merger will help SBI sustain its mission of being an enduring value creator.

13 Jun 2017 5:15 PM

Govt actively working towards bank consolidation: Jaitley

A top ministry official said there is no option but to resolve the NPAs as far as the sectoral source is concerned.

12 Jun 2017 3:09 PM

RBI may hold repo rate on below forecasts inflation

Reuters poll showed 56 of 60 analysts expected MPC to keep repo rate unchanged at 6.25 per cent.

07 Jun 2017 9:27 AM

Yes, we can reduce RCom's Rs 45K crore debt: Ambani

Consortium of lenders mulls triggering RBI's strategic debt restructuring for ending debt mess.

03 Jun 2017 10:12 AM

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Follow CERT-In instructions on WannaCry: RBI to banks

CERT-In has listed out dos and don'ts and webcast on how to protect networks from ransomware attack.

15 May 2017 4:05 PM

Demand for post office accounts in Karnataka goes up

Post Office Savings Bank Account is much easier to open that requires a paltry amount of Rs 50.

15 May 2017 3:06 PM

RBI goes for security upgrade for note storage, transportation

As part part of remonetisation, the RBI (till March 3, 2017) had injected Rs 9.26 lakh crore into the system.

14 May 2017 1:50 PM

RBI allows 23 NEFT transfers: Things you should know

At present, RBI allows banks to conduct NEFT funds transfers in batches from 8 am to 7 pm.

09 May 2017 2:53 PM

Note ban: People still ask 'Is there cash in ATM?'

Big banks deny there was shortage of cash in country but accept ATMs run dry during long weekends, holidays.

08 May 2017 5:29 PM

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7 PSU banks get new heads; MDs of PNB, BoI shifted

Toxic loans of public sector banks rose by over Rs 1 lakh crore to Rs 6.06 lakh crore during April-Dec 2016-17.

06 May 2017 11:26 AM

RBI given more powers to tackle NPAs: Arun Jaitley

President Pranab Mukherjee last night signed ordinance to amend Banking Regulation Act.

05 May 2017 6:05 PM

Narendra Modi govt notifies new Banking Regulation Act

RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.

05 May 2017 5:53 PM

Bank credit demand seen rising 7-8 pc in FY18

Deposit growth is expected slow to 5-7 per cent in fiscal 2018 from 11.8 per cent.

05 May 2017 5:28 PM

Bad loans ordinance: RBI gets powers for 'clean banks'

With sweeping powers, central bank can now give ditections to banks to resolve huge bad loans issue.

05 May 2017 3:10 PM

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