Bimal Jalan-led panel to review Economic Capital Framework of RBI
The Reserve Bank of India (RBI) and the Centre have set up a six-member expert panel to review the existing economic capital framework of the central bank of India. The…
The Reserve Bank of India (RBI) and the Centre have set up a six-member expert panel to review the existing economic capital framework of the central bank of India. The…
The Reserve Bank of India (RBI) will soon introduce a new ₹20 currency note with additional features, reported PTI citing RBI Databook. The apex bank has already issued new look…
The government has asked National Company Law Tribunal (NCLT) to reopen the financial books of IL&FS for the past five years, under section 130 of the Companies Act. The Ministry…
The centre’s decision of recapitalization of Public Sector Banks (PSBs) gets positive feedback by some of the credit rating agencies. On December 20, Finance Minister Arun Jaitley announced the infusion…
Addressing the media on supplementary grants and public sector banks (PSBs), Finance Minister Arun Jaitley, on December 20, said that more capital will take some PSBs out of PCA framework.…
The Economic Affairs Secretary, Subhash Chandra Garg, has said the government will seek interim dividend payout from the central bank. Garg said it is premature to comment on the quantum…
Former Reserve Bank of India (RBI) governor, Raghuram Rajan, has cautioned that transfer of excess reserve to the government might lower the ratings of the central bank. Lowering of ratings…
October witnessed a spike in the digital payments as card transactions increased, as well as, the amount paid. This could be credited to the festive season sales across e-commerce websites…
The global leading company, MasterCard, proposes the Reserve Bank of India (RBI) a certain date from which it will start to delete Indian cardholder’s data from its global servers, however,…
Yes Bank has been asked to submit a final list of prospective Chief Executive Officer and Managing Director to the Reserve Bank of India after the next board meeting, which…