RBI hikes repo rate by 25 bps
The Reserve Bank of India’s (RBI) much-anticipated monetary policy is out. This time, RBI’s monetary policy committee (MPC) has decided…
06 JUN 2018
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RBI’s nod for IDFC Bank, Capital First merger
IDFC Bank Ltd on Wednesday announced that it has received a nod from Reserve Bank of India for its proposed…
06 JUN 2018
IFCI gets Rs 280 crore from Bhushan Steel
The infrastructure term lender Industrial Finance Corporation of India (IFCI) has recovered Rs 280.30 crore from debt-ridden Bhushan Steel (BSL),…
25 MAY 2018
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
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
