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  Business   Economy  04 Jun 2018

Business, Economy, 04 Jun 2018

RBI's interest rate setting panel starts 3-day meet

MPC began 3-day meeting amid speculations that key interest rate may be hiked for the first time after four-and-half years.

04 Jun 2018 4:14 PM

Govt appoints IDBI Bank CEO Mahesh Jain as RBI deputy governor

Rajeev Kumar, secretary, Department of Financial Services at the Ministry of Finance, said in a tweet.

04 Jun 2018 2:56 PM

Govt plans merger of four public sector banks to overcome losses

Asset quality of the bank worsened as gross non-performing assets or bad loans surged.

04 Jun 2018 2:09 PM

Foreign investors pull out Rs 29,776 crore from market

However he noted that the prices of oil has corrected significantly after hitting a high of $80 per barrel, which is positive for India.

04 Jun 2018 12:44 AM