Utkarsh Micro Finance raises Rs 395 crore, adheres to RBI norm
Adhering to RBI’s norm pertaining to banking operations,small finance bank license holder Utkarsh Micro Finance has raised Rs 395 crore…
13 OCT 2016
Reserve Bank of India
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Reserve Bank of India
SBI’s associate banks soon to submit report on merger to RBI
Taking part in the amalgamation process within the SBI group, its associated banks are soon going to submit the scheme…
27 SEP 2016
30 major banks to undergo IT examination
The Reserve Bank of India (RBI) has plans to conduct IT examination in 30 major banks of the country during…
30 AUG 2016
YES Bank joins credit card segment, plans aggressive marketing
YES Bank, the private sector lender, is the latest to join the credit card space. It plans go aggressive in…
24 AUG 2016
Dr Urjit R Patel will succeed Dr Raghuram Rajan as RBI Governor
Dr Urjit R Patel has been appointed as the new Governor of Reserve Bank of India (RBI) by the Government…
20 AUG 2016
RBI’s ‘operation clean-up’ helps PSBs contain bad loans in Q1
The launch of “clean-up” operation by RBI Governor Raghuram Rajan has apparently started showing results, as some public sector banks…
16 AUG 2016
Supreme Court orders ED action against 800 errant firms
The Supreme Court appointed Special Investigation Team (SIT) on black money has ordered the Enforcement Directorate (ED) to act against…
23 JUL 2016
Reserve Bank allows FIs to up stake in Axis Bank, IDFC Bank
The banking sector regulator Reserve Bank of India (RBI) has given its nod to foreign investors to raise their stakes…
19 JUL 2016
JPMorgan contemplates to open three India branches
If everything goes well, JPMorgan Chase & Co would soon open three branches in India to expand its presence in…
01 JUL 2016
Raghuram Rajan says three-year term is short for RBI Governor
Outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan has said that the central bank chief should have a tenure…
01 JUL 2016
