Fri, Jun 28, 2019
Under the baseline scenario, Public Sector Banks' (PSBs) gross Non-Performing Asset (NPA) ratio expected to be decline from 9.3 per cent In march 2019 to nine per cent in March 2020, macro-stress tests for credit risk indicated, RBI mentioned in its report on Thursday.
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The RBI`s Financial Stability Report on Thursday warned that the failure of large housing finance companies (HFCs) and non-banking finance companies (NBFCs) can cause more and higher losses comparable to the banks, underlining the need for greater surveillance and monitoring as the need of the hour.
Tue, Mar 19, 2019
Further, the tribunal has sought company-wise updates from the Committee of Creditors (CoC) and Resolution Professional (RP).
Mon, Jan 15, 2018
DBS said clear guidance from RBI in the upcoming policy will be key in guiding the markets
Mon, Apr 10, 2017
Jeffries said that the markets are likely already factoring in potential upward revision in consensus earnings in 2017-18.
Mon, Apr 03, 2017
RBI`s other deputy governors are Viral Acharya, S.S. Mundra and N.S. Vishwanathan.
Fri, Dec 09, 2016
RBI today said that currency notes worth over Rs 4.27 lakh crore have been issued to public through banks and ATMs following the demonetisation of old high value bills.
Mon, Dec 05, 2016
Digital wallet service company, Paytm owned by One97 Communications Ltd, said on Monday that it will be converted into Paytm Payments Bank after the company is granted licenses by Reserve Bank of India.
Tue, Nov 29, 2016
Public banks have seen nearly Rs 80,000 crore increase in gross non-performing assets (NPAs) in the three months ended September 2016. As on September 30, gross NPAs of public sector banks rose to Rs 6,30,323 crore as against Rs 5,50,346 crore by June end.
Wed, Nov 23, 2016
Department of Economic Affairs Secretary, Shaktikanta Das, on Wednesday spoke of the new initiatives taken by Reserve Bank of India (RBI) and the government to help smooth the ongoing battle of a cashless society on account of demonetisation.
Tue, Nov 22, 2016
The Reserve Bank of India (RBI) on Monday added further terms and conditions to the government’s rule to allow wedding ceremonies to proceed as ‘business as usual.’
Mon, Nov 14, 2016
In anticipation of the huge demand for lower currency notes, ahead of the demonetisation move, the Reserve Bank of India (RBI) had asked banks to set up Automated Teller Machines which dispensed only Rs 100 notes.
Wed, Oct 19, 2016
Six lakh State Bank of India (SBI) debit cards have been blocked due to a security breach that occurred in a 'non-SBI' ATM network.
Fri, Oct 07, 2016
Tata Sons clarified that by pursuing the application before the English High Court, it is "following the path laid down by the arbitral tribunal in the award".
Tue, Oct 04, 2016
Optimism was expressed in production, capacity utilisation and in overall financial situation.
Mon, Aug 29, 2016
Ratan Tata, Nandan Nilekani and Vijay Kelkar have come together to set up a technology-enabled microfinance entity, Avanti Finance, which will focus on delivering affordable and timely credit to underserved and unserved segments in India.
Fri, Aug 26, 2016
India Inc's overseas borrowings fell by 44% to $1.2 billion (nearly Rs 7,983.3 crore) in July this year as against $2.14 billion (nearly Rs 14,236.9 crore) in the same period a year ago.
Tue, Aug 23, 2016
Government on Monday reviewed IT preparedness of various stakeholders for smooth rollout of the Goods and Services Tax (GST) and directed all banks to ensure their IT systems are in place by September 30.
Tue, Aug 16, 2016
RBI Governor Raghuram Rajan on Monday said that management in banks should be revamped and performance-based incentives should be introduced into the country's banking sector.
Mon, Aug 15, 2016
Reserve Bank of India (RBI) has questioned the decision of a 21-bank consortium led by UCO Bank to extend a staggering Rs 5,262-crore loan to Kolkata-based rice trading firm REI Agro which was found to be involved in fraudulent activities.
Prime Minister Narendra Modi gave his backing to a new inflation target in a major speech on Monday, saying his government had brought down consumer price growth from double digits under the last government.
Tue, Aug 09, 2016
RBI Governor Raghuram Rajan on Tuesday presented his last monetary policy whereby he kept the key interest rates unchanged. Rajan assumed charge as the 23rd Governor of the Reserve Bank of India (RBI) on September 4, 2013, and will complete his tenure on September 4 this year.
RBI Governor Raghuram Rajan should get one more term with the central bank or for at least two years, said Bajaj Group's chairman Rahul Bajaj.
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