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

PSBs merger could help banking system: Patel

Patel said that divestment in public sector banks would have a positive role for the sector.

25 April 2017 9:52 AM GMT

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

IMF warns on brewing risks in China's financial system

China has largely relied on debt-fuelled investment and exports to drive its tremendous economic growth.

7 Dec 2017 6:33 AM GMT

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Assocham seeks removal of 'bail-in' clause in FRDI Bill

Government is working to protect interest of bank customers and their deposits.

14 Dec 2017 12:52 PM GMT