RBI issues Rs 2,600 crore for farmer lending in Telegana
In a bid to promote a better production of Kharif, the Reserve Bank of India (RBI) has released Rs 2,600…
05 JUL 2017
Reserve Bank of India
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Reserve Bank of India
S Ganesh Kumar appointed as RBI’s new Executive Director
The Reserve Bank of India (RBI) has appointed S Ganesh Kumar as its new Executive Director (ED) post the voluntary…
04 JUL 2017
Centre to resume plan for 3-tier banking system
For enabling three-tier banking system in India, the central government is likely to revisit the nearly two-decade old Narasimham Committee’s…
26 JUN 2017
GST will reduce overall tax burden gradually: RBI Governor
The soon-to-be implemented Goods and Services Tax (GST) will not just create a national market but will also expand the…
23 JUN 2017
Paytm to offer credit card and lending services soon
India’s digital payments giant Paytm is looking forward to expand its footprint in the banking segment and is soon to…
23 JUN 2017
Fino Payments Bank board gets RBI final nod
Payments Bank licensee Fino Paytech has received approval for the formation of its nine members Board of its Fino…
22 JUN 2017
Govt directs banks to deposit demonetised notes at RBI by July 20
The central government has directed the banks to deposit all the demonetised notes at the Reserve Bank of India (RBI),…
21 JUN 2017
Govt vigorously working towards bank consolidation: Arun Jaitley
The central government is “actively working” towards consolidation of banks, said Finance Minister Arun Jaitley, in a recent meeting with…
12 JUN 2017
Impact of note ban on the economy to continue: State Bank of India
Expressing its concern over the adverse effects of demonetisation drive announced in November 2016, public sector lender State Bank of…
12 JUN 2017
IDBI Bank creates new department to manage bad loans
In its efforts to handle the issue of bad loans and monitoring credit, State-owned lender IDBI Bank has introduced a special…
09 JUN 2017
