Allowing bullion banking will be a main step towards developing gold infrastructure in India and establishing gold as an asset class.
26 Nov 2018 10:33 AM
HDFC Bank, Punjab National Bank (PNB) and Canara Bank revised their interest rates recently.
13 Nov 2018 12:38 PM
Valuations of Indian bank USD bonds remain relatively expensive and do not offer much upside from current levels.
09 Nov 2018 10:48 AM
Banks maintaining currency chests are required to get fire audit done once in a two years.
29 Oct 2018 4:36 PM
The banking sector had NPAs or bad loans worth over Rs 9.61 lakh crore by the end of 2017-18.
23 Oct 2018 4:19 PM
The limit has been raised from 10 per cent and is effective up to December 31.
19 Oct 2018 11:26 AM
Supreme Court declared constitutional the government's extraordinary attempt to give every resident a biometric ID.
06 Oct 2018 2:35 PM
RBI might increase the repo rate for the third time this year by 25 basis points in its policy review.
02 Oct 2018 8:25 AM
The move will ease tight cash conditions to some extent as it will reduce pressure on banks.
27 Sep 2018 10:00 AM
Percentage of vigilance cases against RBI employees' vis-à-vis the total staff strength of the Bank stood on average at 0.004 per cent.
20 Sep 2018 5:59 PM
Interest on savings deposits has been retained at 4 per cent, annually.
20 Sep 2018 10:52 AM
Currently there are nine banks still placed under the prompt corrective action (PCA) framework of the RBI.
19 Sep 2018 11:26 AM
Total exposure in these firms that will soon go to NCLT is Rs 60,000 crore.
07 Sep 2018 8:57 AM
Banks will only observe holidays on Sunday, September 2, and second Saturday, September 8.
31 Aug 2018 1:57 PM
The total SBNs returned from circulation is Rs 15,310.73 billion.
29 Aug 2018 12:18 PM
Banks decided to announce a moratorium on education loan for a period of six months and all other loans for one year.
23 Aug 2018 9:58 AM
As many as 11 out of 21 banks are under the watch list of the Reserve Bank of India (RBI).
17 Aug 2018 8:54 AM
Facebook had asked banks to share detailed financial information about their customers.
07 Aug 2018 7:54 AM
Top lender State Bank of India was among banks which signed the agreement.
24 Jul 2018 9:10 AM
The government has already disbursed around Rs 5,54,703 till date to almost 12 crore consumers.
12 Jul 2018 9:03 AM