Cooperative banks have also been allowed to exchange old currency notes with the RBI.
21 Jun 2017 1:07 PM
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
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
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
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
Debt waiver in the near term leads to relief in agri NPAs for banks in that state.
14 Jun 2017 9:42 AM
Merger will help SBI sustain its mission of being an enduring value creator.
13 Jun 2017 5:15 PM
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
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
Consortium of lenders mulls triggering RBI's strategic debt restructuring for ending debt mess.
03 Jun 2017 10:12 AM
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
Post Office Savings Bank Account is much easier to open that requires a paltry amount of Rs 50.
15 May 2017 3:06 PM
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
At present, RBI allows banks to conduct NEFT funds transfers in batches from 8 am to 7 pm.
09 May 2017 2:53 PM
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
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
President Pranab Mukherjee last night signed ordinance to amend Banking Regulation Act.
05 May 2017 6:05 PM
RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.
05 May 2017 5:53 PM
Deposit growth is expected slow to 5-7 per cent in fiscal 2018 from 11.8 per cent.
05 May 2017 5:28 PM
With sweeping powers, central bank can now give ditections to banks to resolve huge bad loans issue.
05 May 2017 3:10 PM