Not upset over withdrawal of Payments Bank licences, says Rajan
Days after three entities decided to back out of the Payments Bank licencing, RBI Governor Raghuram Rajan on Tuesday said…
07 JUN 2016
Raghuram Rajan
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Raghuram Rajan
Banks shouldn’t have majority ownership in stressed asset funds: RBI
Reserve Bank of India (RBI) governor Raghuram Rajan on Tuesday said that banks should not have majority ownership in any…
07 JUN 2016
NPCI unveils unified payment interface
With an aim to revolutionise mobile banking in the country, the National Payments Corporation of India– an umbrella organisation for…
12 APR 2016
RBI slashes key rates, raises hopes of cheaper loans
Raising hopes that home and car loans could be cheaper sooner than expected, the Reserve Bank of India has cut…
05 APR 2016
18 more new banks next year, says RBI Governor Rajan
As many as 18 more new banks will open in the country next year in the form of payments banks…
04 APR 2016
RBI on track towards handling bad loans, says IMF
The Reserve Bank of India (RBI) has taken right measures to deal with the state-run banks’ huge non-performing assets (NPAs)…
14 MAR 2016
Union Budget to focus on banking sector revival: SBI Research
The upcoming Union Budget seems to have focus on revival of banking sector by setting up of a ‘bad bank’…
23 FEB 2016
RBI will ease norms for funding to startups, says Governor
To facilitate growth of startup movement in India, the Reserve Bank of India (RBI) will ease regulations to allow startups to…
03 FEB 2016
Govt may infuse over Rs.70,000cr capital into PSBs
The Finance Ministry is considering infusing more than the announced Rs 70,000 crore in public sector banks to help strengthen…
25 JAN 2016
Urjit Patel re-appointed RBI Dy Governor
The Government of India has re-appointed Dr Urjit R Patel as Deputy Governor of the Reserve Bank of India for…
19 JAN 2016
