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Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

PSBs set 2020 as deadline to exit RBI's PCA watch

Top officials of the banks made presentations before the panel and responded to queries.

27 Jun 2018 3:13 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex battered as tariff woes emerge

According to the provisional data released by the stock exchanges, FPIs sold shares worth Rs 639.87 crores on Thursday.

3 Aug 2018 1:49 AM IST

RBI Governor Urjit Patel, will announce the resolution of the MPC on its first bi-monthly monetary policy for financial year 2018-19 later in the day.

A blow to the aam aadmi

India is a net oil importer, so it's difficult to see how the repo rate hike will curb such inflation.

2 Aug 2018 1:46 AM IST

Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)

More formalisation due to note ban, says Arun Jaitley

Claims rise in taxpayers, higher growth are a result of note ban.

31 Aug 2018 2:40 AM IST

Reserve bank of India

RBI DeMo report: Fix responsibility

It is common knowledge that people with unaccounted cash don't stash it in mattresses but park it in sectors like real...

31 Aug 2018 12:57 AM IST

The Reserve Bank of India on Thursday kept the key policy rate unchanged at 6 per cent for the fourth consecutive time.

RBI employees' 2-day mass leave to paralyse banking operations

UFRBOE has called the mass casual leave on September 4 and 5 which will be participated by all officers.

28 Aug 2018 7:01 PM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

RBI looking at all options to stop rupee fall, say analysts

According to Singapore-based DBS Bank, tapping foreign exchange reserves will be the first line of defence, which is...

13 Sept 2018 2:21 AM IST

RBI governor Urjit Patel

RBI cuts repo rate to 7-year low of 6 per cent

EMIs may not fall immediately, Patel worried about rise in inflation.

3 Aug 2017 3:38 AM IST

RBI Governor Urjit Patel (Photo: PTI)

Govt did not heed to our warning on note ban: RBI to PAC

Despite its own doubts, central bank approved plan to ban Rs 500 and Rs 1,000 notes under govt pressure.

21 Jan 2017 10:30 AM IST

Th citys ATMs continue to run out of cash.

RBI allows 23 NEFT transfers: Things you should know

At present, RBI allows banks to conduct NEFT funds transfers in batches from 8 am to 7 pm.

9 May 2017 2:53 PM IST

Chanda Kochhar of ICICI Bank. (Photo: File)

Chandha Kochhar lauds new Banking Regulation Act

Kochhar says new stressed assets rules will help lenders solve problem in a time-bound manner.

6 May 2017 12:42 PM IST

Prime Minister Narendra Modi. (Photo: PTI)

Narendra Modi govt notifies new Banking Regulation Act

RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.

5 May 2017 5:53 PM IST