RBI to daily publish data on select payment systems
The Reserve Bank of India will start publishing daily data of select payment systems. The banking regulator has decided to…
05 JUN 2020
Reserve Bank of India
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India’s GDP growth to remain negative in 2020-21: RBI
The Reserve Bank of India (RBI) today slashed India’s growth projection for FY21 as the Covid-19 pandemic has disrupted economic…
22 MAY 2020
IBA to meet today over offering moratorium to NBFCs
Banking lobby Indian Banks’ Association (IBA) is planning to meet on Saturday to take decision pertaining to the extension of…
18 APR 2020
Coronavirus Crisis: India’s economy needs a stimulus package of Rs 9-10 lakh crore, says FICCI
Federation of Indian Chambers of Commerce and Industry (FICCI) has said that India’s economy may need a stimulus of as…
08 APR 2020
Union Bank of India slashes EBLR by 75 bps from April 1 2020
In a bid to offer relief to individual, small and medium borrowers in line with benefit of 75 bps repo…
31 MAR 2020
No change in financial year, clarifies Centre
The centre through a notification clarified that there is no change or extension in the financial year from April 1…
31 MAR 2020
Yes Bank moratorium to end on March 18; RBI asks depositors not to panic
The Reserve Bank of India had announced that the Yes Bank’s the moratorium will come to end on March 18…
17 MAR 2020
RBI supersedes Yes Bank Board; names Ex SBI CFO Prashant Kumar as its administrator
The Reserve Bank of India on Thursday superseded the board of troubled private sector lender Yes Bank, and appointed former State…
06 MAR 2020
Credit growth of commercial banks likely to improve to 8-9%: Crisil
Credit growth pertaining to the commercial banks may have bottomed out, expected to be 6 percent this financial year and…
26 FEB 2020
Bank Holidays Alert: Banks to remain shut for next 3 days starting from today
All public and private sector banks will not operate for the next three days starting from today. The banks will…
21 FEB 2020
