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Indian stocks, bonds and currency markets will be closed on Monday for a holiday.

RBI slashes SLR by 50 bps, India's bonds plummet

The RBI said it would reduce banks' statutory liquidity ratio by 50 bps to 19.5 percent from the fortnight starting...

4 Oct 2017 3:37 PM IST

Arun Jaitley said, the reservation formula for the Patel community is legally and constitutionally untenable. (Photo: PTI)

20 PSU banks to get Rs 88,139 crores in fresh funding

Arun Jaitley said steps need to be taken to ensure that the governance of banks follows the highest standards.

25 Jan 2018 2:51 AM IST

Traditionally, banks have utilised their excess SLR in the initial period of credit revival.

Banks need Rs 20 lakh crore fresh deposits to meet credit demand

Currently, the average annual deposit mobilisation is around Rs 7 lakh crore over the past few years.

7 Feb 2019 5:52 AM IST

RBI governor Urjit patel

RBI keeps key rate unchanged; cuts SLR, lowers GDP projection

RBI cut the economic growth projection to 7.3 per cent for the current fiscal from 7.4 per cent earlier.

7 Jun 2017 3:09 PM IST