Banks plan to raise lending rates, may cause threat to economy
Posing a severe challenge to India’s struggling economy, banks are now planning to raise their interest rates. However, rates pertaining…
08 FEB 2018
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Public sector banks’ NPAs alarmingly rose to Rs 7.34 lakh crore at September-end
Non-Performing Assets (NPAs) in public sector banks (PSBs) have inflated to Rs 7.34 lakh crore by the end of second…
25 DEC 2017
RBI dismisses rumours of Public Sector Bank closures
Denying all the rumours pertaining to the closures of the Public Sector Banks (PSBs), Reserve Bank of India (RBI) said…
23 DEC 2017
RBI must have greater grip on PSU banks: IMF-World Bank
The Reserve Bank of India (RBI) should have greater authority on Public Sector Banks (PSBs), suggested IMF-World Bank. While the…
22 DEC 2017
RBI places United Bank of India under corrective action plan
In a bid to ensure corrective measures, the Reserve Bank of India (RBI) has directed United Bank of India (UBI)…
21 DEC 2017
RBI penalises Syndicate Bank for breaching KYC norms
The Reserve Bank of India (RBI) has penalised public lender Syndicate Bank for breaching the Know Your Customer (KYC) norms.…
16 DEC 2017
Centre soon to discuss MDR rate issue with RBI: Finance Ministry official
The Central Government will soon hold consultations with the Reserve Bank of India (RBI) to chalk out a mechanism for…
15 DEC 2017
RBI restricts Corporation Bank from certain banking activities as its NPAs crosses 10%
The Reserve Bank of India (RBI) has restricted Corporation Bank from carrying out certain banking activities due to a sharp…
14 DEC 2017
Centre soon to set up panel to decide on bitcoin policy: Report
The Central Government is planning to set up a panel to decide the fate of bitcoin in India. The reports…
11 DEC 2017
RBI unveils helpline to handle account hacking queries
To curb the menace of bank accounts hacking the Reserve Bank of India (RBI) has launched a helpline where callers…
11 DEC 2017
