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
Reserve Bank of India
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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
RBI to limit liability norms for fraud-hit consumers
In its efforts to establish a safety net against the fraudulent activities, the Reserve Bank of India (RBI) will soon…
01 JUN 2017
RBI directs banks to initiate account number portability soon
Reserve Bank of India (RBI) may soon launch a hassle-free portability option for the account holders across banks. With the…
30 MAY 2017
IDRBT open admissions for PG diploma in banking technology
The Institute for Development and Research in Banking Technology (IDRBT), an arm of the Reserve Bank of India, has initiated…
29 MAY 2017
Paytm Payments Bank kick starts its operations
Paytm Payments Bank has started its operations and it will spread across to 31 branches and 3,000 customer service points…
23 MAY 2017
RBI to introduce banking ordinance framework within a fortnight
In a bid to expedite the recovery of bad loans, the Reserve Bank of India (RBI) is likely to introduce…
22 MAY 2017
RBI directs banks to appoint CFOs, CTOs
In sync with the rapid changes in the banking sector, the Reserve Bank of India (RBI) has urged the banks…
19 MAY 2017
RBI issues new norms for branch expansion
In a bid to promote financial inclusion, the Reserve Bank of India (RBI) has allowed the opening of mini branches…
18 MAY 2017
Union Bank records 12.5 % net profit rise in Jan-March
Robust growth in non-interest income and reversal in tax provisions helped the Union Bank of India to record a 12.5…
09 MAY 2017
