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SBI chairman Arundhati Bhattacharya with Rajnish Kumar at an event. (Photo: PTI)

Rajnish Kumar to succeed Arundhati Bhattacharya as SBI chairman

Kumar was frontrunner along with three other MDs interviewed by Banks Board Burea.

4 Oct 2017 4:55 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

GST roll out left short-term prospects uncertain, delayed investment:...

The Reserve Bank of India Governor Urjit Patel on Wednesday also kpet the repo rate unchanged at 6 per cent.

4 Oct 2017 4:44 PM IST

The fifth generation Verna is based on a newly developed K2 platform and has been developed with an investment of Rs 1,040 crore.

Hyundai receives over 15,000 bookings for next-gen Verna

Latest model comes with 1.6 litre petrol and diesel engines mated with both manual and automatic transmissions.

4 Oct 2017 4:44 PM IST

Reserve Bank Governor Urjit Patel. (Photo: PTI)

RBI comes down heavily on MCLR, moots external benchmark

The base rate/MCLR regime is also not in sync with global practices on pricing of bank loans.

4 Oct 2017 4:24 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI on GST: Adverse impact on mfg, may delay investment revival

RBI forecast economic growth to slow to 6.7 per cent in current fiscal, from 7.3 per cent projected earlier.

4 Oct 2017 4:11 PM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

DoT approaches TRAI on review of spectrum caps for telcos

As per the current rules, operators in each access area are not allowed to exceed the cap of 25 per cent of total...

4 Oct 2017 4:04 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Here's what experts have to say about RBI's monetary policy decision

Despite a slowing economic growth, RBI on Wednesday kept the repo rate unchanged at 6 per cent.

4 Oct 2017 3:53 PM IST

Indian stocks, bonds and currency markets will be closed on Monday for a holiday.

RBI slashes SLR by 50 bps, India's bonds plummet

The RBI said it would reduce banks' statutory liquidity ratio by 50 bps to 19.5 percent from the fortnight starting...

4 Oct 2017 3:37 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI maintains status quo; cuts growth forecast to 6.7 per cent in FY18

RBI is mandated to keep the headline inflation, which accelerated to 3.36 per cent for August, in the 4-6 per cent band.

4 Oct 2017 3:04 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI keeps repo rate unchanged at 7-year-low of 6 pc amid inflation...

This was fourth bi-monthly policy review of 2017-18 by RBI's Monetary Policy Committee.

4 Oct 2017 2:40 PM IST

The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)

Gold up on jewellers' buying, global cues

Gold is trading at Rs 30,600 per 10 grams at the bullion market on seasonal buying by jewellers.

4 Oct 2017 2:32 PM IST

India has approved luxury goods retailer Louis Vuittons application to open its own stores in the country. Photo: Twitter| Louis Vuitton

Louis Vuitton, Oppo to have own stores in India as FIPB gives...

The move would help Oppo expand its reach in the world's third-largest smartphones market.

4 Oct 2017 2:15 PM IST