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Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI's new NPA norms may undermine bank earnings: Fitch

The new framework's overall focus is on recognising and quickly resolving bad loans.

22 Feb 2018 3:27 PM IST

Telecom Minister Manoj Sinha

DoT unveils strategic plan for operational synergy of telecom PSUs

DoT unveiled a strategic plan for bringing together state-owned companies and organisations in sector.

22 Feb 2018 3:20 PM IST

Union Minister for Law and Justice Ravi Shankar Prasad Prasad also slammed Congress over its dual stand on the triple talaq bill in the Parliament and accused it of spreading hatred. (Photo: ANI)

Digital India possible only if Digital UP happens, says Prasad

Union minister said that there are immense opportunities in setting up BPOs and govt is ready to help.

22 Feb 2018 2:48 PM IST

India has been the worlds fastest growing major economy over the past two years.

India growth has slowed due to structural economic reforms: US

RBI predicts that gross NPLs as a proportion of all loans will increase to 10.8 per cent in first quarter of 2018.

22 Feb 2018 1:46 PM IST

Representational image of gold bars.

Gold futures decline 0.15 per cent on weak global cues

Gold is trading at Rs 30,429 per ten grams in futures trade as participants cut bets.

22 Feb 2018 1:21 PM IST

India ranks 81st in global corruption perception index

The index uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean.

22 Feb 2018 11:37 AM IST

Bombay Stock Exchange

Sensex slips 144 points ahead of F&O expiry

Sectoral indices, led by oil and gas, metal, auto, PSU and banks, slipped into the negative terrain to fall up to 0.99...

22 Feb 2018 10:30 AM IST

PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.

PNB adopts strict SWIFT controls after mega fraud case

The new measures mean only PNB officers will be able to initiate messages on SWIFT.

22 Feb 2018 10:23 AM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI panel warns on inflation as it monitors growth

Govt has projected growth could accelerate to 7 to 7.5 pc in 2018-19 after expanding at its slowest in 3 years.

22 Feb 2018 10:09 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee down 30 paise against dollar in early trade

Rupee is trading at 65.06 against US dollar due to increased demand for the greenback from importers.

22 Feb 2018 9:54 AM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

Banks sell bonds, Centre's debt gets costly

Higher bond yield would make the cost of government borrowing costly and increase interest payments by the government.

22 Feb 2018 7:16 AM IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)

Finance Ministry to meet bankers on fraud

Banks said to be directly or indirectly affected by the scam include SBI, Allahabad Bank and Union Bank of India.

22 Feb 2018 7:12 AM IST