Banks credit in personal loans too high than degrowth in infra sectors: Assocham
While Indian banks are able to deploy credit over-enthusiastically in retail finance like personal loans, credit card overdrafts, vehicle loans,…
23 MAY 2018
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Finance Minister Piyush Goyal places 11 PSBs under RBI’s ‘Prompt Corrective Action’
To put a check on the deteriorating financial health of banks in the country, Union Minister of Finance Piyush Goyal…
18 MAY 2018
RBI to strictly monitor foreign money transfer
Wealthy individuals sending funds to abroad destinations to offshore entities for investment and other purposes will be facing tighter scrutiny…
06 APR 2018
RBI directs Axis Bank to reconsider Shikha Sharma reappointment
The Reserve Bank of India (RBI) has directed Axis Bank’s board to rethink its decision of giving the fourth three-year…
03 APR 2018
Banks to stay open till 8 pm today: RBI
In a bid to offer better convenience to the tax payers, Reserve Bank of India’s offices and all designated branches…
31 MAR 2018
Janalakshmi gets final nod from RBI,all set to launch Small Finance Bank
After receiving the final nod from the Reserve Bank of India (RBI), Janalakshmi Financial Services is all set to launch…
28 MAR 2018
Women share in banking rises to 19.3% in 2017: RBI
Participation of women in the banking sector has seen a considerable rise, says Reserve Bank of India (RBI) report. According…
24 MAR 2018
RBI slaps Rs 10 lakh penalty on Equitas Small Finance Bank
The Reserve Bank of India (RBI) has levied a penalty of Rs 10 lakh on Equitas Small Finance Bank for…
09 MAR 2018
RBI tightens priority sector lending on foreign banks
The Reserve Bank of India has decided to further tighten the priority sector lending (PSL) for foreign banks. This step…
05 MAR 2018
Fake RBI websites eyeing customers’ bank details, central bank issues warning
The Reserve Bank of India (RBI) has recently cautioned the customers regarding fake websites created on the layout similar to…
09 FEB 2018
