The panel will submit the report after the federal budget in July, the official said.
24 Jun 2019 1:22 PM
Viral Acharya would return to a teaching position at Stern School of Business, as per a news report.
24 Jun 2019 9:13 AM
Government is taking steps to boost growth of economy with an aim to take it to USD 5 trillion in next 5 years, said Piyush Goyal.
21 Jun 2019 8:14 PM
The FSDC is the apex body of sectoral regulators, headed by the finance minister.
19 Jun 2019 7:15 PM
All the companies who were represented in this meeting put forth their concerns related to RBI data storage requirements.
18 Jun 2019 12:36 PM
The services sector receipt or exports during April 2018 stood at USD 17.56 billion.
14 Jun 2019 7:26 PM
IDBI Bank said that it has reduced its one-year MCLR or the minimum lending rate by 5 basis points to 8.95 per cent.
13 Jun 2019 1:09 AM
The Reserve Bank of India on Tuesday said it will waive all charges on fund transfer through popular RTGS and NEFT systems from July 1.
12 Jun 2019 3:54 AM
New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.
11 Jun 2019 7:10 PM
RBI issued a framework for resolution of stressed assets, which give banks 30 days to review a borrower account before labelling it NPA.
10 Jun 2019 11:21 AM
RBI may again ask banks to link loans to repo or G-sec.
10 Jun 2019 4:22 AM
RBI has given more freedom to bankers to bring their own resolve, said Indian Banks' Association chief Sunil Mehta.
08 Jun 2019 2:59 PM
Lenders get 180 days to resolve default under new framework.
08 Jun 2019 1:39 AM
Jittery markets are facing a crisis of confidence with respect to the precariously perched NBFC (including HFCs) & fixed-income mutual fund sectors.
07 Jun 2019 6:48 AM
All the six members of the MPC voted in favour of a rate cut as well as change in policy stance.
07 Jun 2019 2:34 AM
Tracking weak sentiment in broader market, m-cap of BSE-listed companies tumbled Rs 2,22,304.65 crore to Rs 1,53,19,126.66 crore.
06 Jun 2019 7:35 PM
RBI lowered the benchmark lending rate by 25 basis points to a nearly nine-year low of 5.75 per cent.
06 Jun 2019 6:06 PM
On NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.
06 Jun 2019 4:41 PM
MPC announced a 25 bps rate cut in short term lending rate to 5.75 percent, which is the lowest repo rate in nine years.
06 Jun 2019 3:36 PM
DHFL has commercial paper worth Rs 750 crore maturing in June with the first repayment on June 7.
06 Jun 2019 1:18 PM