Reportedly, the finance ministry is likely to infuse Rs 14,500 crore in the banks that come under the RBI’s prompt corrective action (PCA) framework in the next few days. This…
With an aim of increasing fund flows to districts that have been excluded, the Reserve Bank of India (RBI) has revamped its priority sector lending (PSL) norms and doubled its…
In order to give relief to stressed borrowers, the Supreme court of India passed an interim order on Thursday saying that the accounts not declared as non-performing assets (NPA) as…
To empower the retail payment system in the country, RBI has invited applications for the New Umbrella Entities. Entities operating in the payment system for the last 3 years can…
The Reserve Bank of India on Monday said it will conduct an auction of three government dated securities worth Rs 30,000 crore. The securities will be sold through the Reserve…
The RBI Central Board approved the transfer of ₹57,128 crores as surplus to the Central Govt for the accounting year 2019-20 while deciding to maintain the Contingency Risk Buffer at…
PMC Bank | Not possible to raise Rs 1 lakh withdrawal limit due to lack of liquidity: RBI to Delhi HC The Reserve Bank of India (RBI) on August 14…
Bank of Baroda share price slumped more than 3% on August 11, a day after the lender reported its June quarter numbers. The bank reported a net loss of ₹864…
Central Bureau of Investigation (CBI) has summoned former Union Minister and Telugu Desam Party (TDP) leader YS Chowdary, popularly is known as Sujana Chowdary regarding the questioning with a multi-crore…
Moody’s Investors Service, a global credit rating agency, has the local and foreign currency ratings of Indian overseas Bank and Central bank of India to Ba2 from previous ba3 ratings…
