Home » reserve bank of india

You Searched For "reserve bank of india"

Bank stocks on Tuesday gained up to 5 per cent.

Business

Bank stocks climb up to 5 per cent on RBI move

The move is expected to optically cushion profitability in the near term.

3 April 2018 1:51 PM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Business

RBI drops Axis Bank from list of bullion importers

It was unclear why Axis, one of India's leading importers of bullion, did not feature in the list.

3 April 2018 12:57 PM IST

Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asias third-biggest economy.

Business

Govt pushes state banks to find own funding sources

Including restructured or rolled over loans, all banks in India had a total 9.5 trillion rupees of soured loans.

3 April 2018 12:43 PM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

Business

RBI asks Axis Bank to re-consider Shikha Sharma as MD

The move comes against the backdrop of persisting concerns over mounting Non-Performing Assets (NPAs) in the banking...

2 April 2018 7:50 PM IST

$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Business

PNB fraud case: RBI says examining enforcement action

RBI says it has conducted its scrutiny and the matter is currently under examination for "enforcement action".

1 April 2018 1:16 PM IST

Business

Fixed term deposits in SBI to now emanate higher interests

The revised rate which comes into effect from 30th July, 2018, will be applicable on retail deposits below Rs 1 crore.

30 July 2018 2:20 PM IST

Chief Economic Adviser Arvind Subramanian termed the GST launch a big transformational event of 2017-18. (Photo: ANI)

Business

Fuel, land and electricity will be under GST, says CEA Arvind...

He also praised the central bank for handling of rupee volatility.

20 July 2018 11:56 AM IST

The Reserve Bank of India is set to introduce a new Rs 100 denomination note. (Photo: ANI/Twitter)

Business

Reserve Bank of India to shortly issue lavender coloured Rs 100 notes

The existing 100 rupee note will continue to be legal tender, as told by RBI.

19 July 2018 3:42 PM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Business

Retail inflation accelerates to 5 per cent in June

June was the eighth straight month in which inflation was higher than the central bank's medium-term target of 4 per...

12 July 2018 6:00 PM IST

Cost accountants apex body ICAI has suggested constituting a central agency, with cost accountants and experts from other fields, to evaluate applications for large loans before banks give their approval. (Photo: Brijesh Bhatt)

Business

Set up central agency to evaluate big loan proposals, says ICAI

Big banks have better means for research and development and they can better evaluate the loan proposals.

8 July 2018 6:05 PM IST

Due to the IT department issues, loan waivers are stuck.

Business

Farm loan waivers may cost Rs 2.7L-crore

Ahead of 2019 polls, more farmer-centric sops are likely to be doled out, says BoA-ML.

7 July 2018 7:11 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Business

Bank credit grows at 12.84 per cent, deposits at 7.59 per cent

Loans to industry rose by 1.4 per cent in May 2018, against a contraction of 2.1 per cent in May 2017.

5 July 2018 7:07 PM IST