Amendments will give RBI powers to directly interven in the issue and instruct banks for speedy redressal.
04 May 2017 4:53 PM
Urjit Patel says no records of talks between RBI and govt on note ban were maintained because of secrecy.
27 Apr 2017 6:59 PM
CM says many farmers have gone out of banking system after being unable to service their loans from banks.
26 Apr 2017 11:47 AM
Telecom sector has a debt of about Rs 4.6 lakh crore even as it is faces pressure on revenues.
19 Apr 2017 9:26 AM
Icra has projected gross NPAs to increase to Rs 7.5-7.7 trillion or 9.7-10 per cent for March 2017.
16 Apr 2017 12:18 PM
Bank guarantees of as much as Rs 29,000 crore have been furnished by companies.
14 Apr 2017 6:27 PM
Of this amount, Rs 1,23,000 crore was lent by banks while non-banking institutions lent about Rs 57,000 crore.
14 Apr 2017 12:07 PM
Foreign Accounts Tax Compliance Act enables automatic sharing of investor information between signatory parties.
12 Apr 2017 1:06 PM
Tax department says rule 114B lists various transactions for which quoting PAN is mandatory.
07 Apr 2017 2:57 PM
RBI does not want to take to tedious task of recalibrating some 2,20,000 ATMs across country, report says.
07 Apr 2017 12:50 PM
Lack of transmission has been one of the dominant worries expressed by RBI during the past two years
06 Apr 2017 7:50 PM
Standing Deposit Facility aims to drain surplus cash at a rate lower than repo rate without need for any collateral.
23 Mar 2017 12:48 PM
IBA says banks will be closed for three days, tomorrow, on March 12 and for Holi on March 13.
10 Mar 2017 2:13 PM
Now-defunct Kingfisher Airlines owes more than Rs 9,000 crore to various banks.
10 Mar 2017 12:46 PM
As on Sept 30, 2016, gross NPAs of public sector banks rose to Rs 6.3 lakh crore.
09 Mar 2017 2:15 PM
IT Secretary Aruna Sundarajanis says move part of govt's efforts to boost digital payment system.
01 Mar 2017 6:32 PM
RBI deupty governor moots 'bad bank'-type institutions to deal with $133 bn in stressed assets of banks.
01 Mar 2017 11:43 AM
BHIM enables simple, easy and quick payment transactions using Unified Payments Interface.
07 Feb 2017 6:01 PM
Apart from that govt detected undisclosed income worth Rs 5,400 crore as on January 10.
07 Feb 2017 4:53 PM
Chanda Kochhar of ICICI Bank said Arun Jaitley has tried to provide a growth impetus while maintaining fiscal prudence.
01 Feb 2017 7:35 PM