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RBI’s ‘operation clean-up’ helps PSBs contain bad loans in Q1

The launch of “clean-up” operation by RBI Governor Raghuram Rajan has apparently started showing results, as some public sector banks (PSBs) have successfully arrested...

FinMin nod to 1st round of capital infusion in PSBs likely...

In line with its announcement earlier, the Finance Ministry is likely to soon clear the first round of capital infusion in public sector banks...

India Post bank ATMs may be allowed interoperability soon

India Post, which won licence to operate a payments bank last year, is likely to secure the Reserve Bank of India’s clearance for...

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