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RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI may not supply new Rs 200 notes through ATMs

RBI does not want to take to tedious task of recalibrating some 2,20,000 ATMs across country, report says.

7 April 2017 12:50 PM IST

RBI Governor Urjit Patel. (Photo: PTI)

Urjit Patel says still more scope for banks to cut lending rates

Lack of transmission has been one of the dominant worries expressed by RBI during the past two years

6 April 2017 7:50 PM IST

RCom Chairman Anil Ambani addressing a press conference in Mumbai.

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.

3 Jun 2017 10:12 AM IST

RBI governor Urjit Patel

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.

7 Jun 2017 9:27 AM IST

This collaboration with banks expands Android Pays capabilities as an open platform. Google is continuing to integrate with additional mobile banking apps, so look for updates from your bank about this new feature.

Govt may waive bank guarantees for mobile component imports

Bank guarantees of as much as Rs 29,000 crore have been furnished by companies.

14 April 2017 6:27 PM IST

The rupee performed a bit better than most of its regional peers in 2016, weakening just over 2 per cent as Indias economy

Banks provide Rs 1.80 lakh cr under Mudra; exceed FY17 target

Of this amount, Rs 1,23,000 crore was lent by banks while non-banking institutions lent about Rs 57,000 crore.

14 April 2017 12:07 PM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Bank accounts face suspension: What FATCA rules say

Foreign Accounts Tax Compliance Act enables automatic sharing of investor information between signatory parties.

12 April 2017 1:06 PM IST

A reduction in MCLR helps all new borrowers get the benefit of lower interest rates for all kinds of loans. (Representational image)

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 IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

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 IST

Economist Sanjeev Sanyal.

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 IST

About 700 farmers have committed suicide in the drought-hit Vidarbha and Marathwada region. (Photo: AFP)

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 IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

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 IST