With sweeping powers, central bank can now give ditections to banks to resolve huge bad loans issue.
05 May 2017 3:10 PM
Amendments will give RBI powers to directly interven in the issue and instruct banks for speedy redressal.
04 May 2017 4:53 PM
Govt may bring in amendment in Banking Regulation Act or issue an ordinance to empower RBI.
04 Apr 2017 2:30 PM
Standing Deposit Facility aims to drain surplus cash at a rate lower than repo rate without need for any collateral.
23 Mar 2017 12:48 PM
As on Sept 30, 2016, gross NPAs of public sector banks rose to Rs 6.3 lakh crore.
09 Mar 2017 2:15 PM
RBI deupty governor moots 'bad bank'-type institutions to deal with $133 bn in stressed assets of banks.
01 Mar 2017 11:43 AM