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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 10:54 AM GMT

Unusual cash deposits totalling Rs 1.6-1.7 trillion were made during the demonetisation period, says an RBI research paper. Photo: PTI

Unintended good results due to note ban: Economist

Scrutiny of bank accounts where large amounts of old currency were deposited has revealed black income.

7 Nov 2017 8:12 PM GMT

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank revises interest rates on FCNR(B) deposits

Interest rates for deposits of three years and above, but less than four years have been fixed at 4.06 per cent.

6 Oct 2018 11:03 AM GMT

Using earned money of depositors to bail out a bank amounts to gross interference by the government.

Exim Bank hits dollar debt market with over USD 500 million issue

ICICI Bank had mopped up USD 500 million in a 10-year bond issued in December

18 Jan 2018 11:31 AM GMT

Shiv Sena and MNS have always stressed on the of use Marathi as a official language in all central government offices, nationalised banks, railways, airport, etc.

Savings rates market-governed: CCI

Fair trade watchdog rules out any cartelisation among lenders in fixing savings bank interest rates.

25 April 2018 4:06 AM GMT

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Probability of RBI rate hike has increased, say experts

The minutes of the RBI's monetary policy committee (MPC) are 'hawkish' and indicate a hike in key policy rates.

22 April 2018 5:54 AM GMT

All your credit card use reflects in your credit history which is shared by card and loan companies with credit rating agencies such as Cibil and Experian.

Unsecured bank loans rise four-times in FY15-18, says report

As of March 2018, outstanding unsecured loans stood at around Rs 5 trillion.

4 July 2018 10:18 AM GMT

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

India central bank set to cut rates again as fiscal measures fail to...

With current inflation remaining benign, we expect RBI to opt for a 40 bps rate cut, said Yes Bank's Yuvika Oberoi.

2 Oct 2019 9:11 AM GMT

Shaktikanta Das

RBI saw slowdown, acted ahead of time by cutting interest rates from...

In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.

16 Dec 2019 6:22 AM GMT

All your credit card use reflects in your credit history which is shared by card and loan companies with credit rating agencies such as Cibil and Experian.

5 reasons you need to fix your credit score right away!

credit scores indicate an individual's financial health and their ability to pay off loans and other acquired debt.

28 Feb 2019 6:23 AM GMT

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Shaktikanta Das asks bankers why they aren't cutting lending rates

The meeting focused only on effective transmission of monetary policy, another banker who attended the meeting said.

22 Feb 2019 4:51 AM GMT

The upward revision in interest rate on domestic term deposits was for three years to less than five years, five years and above five years. (Photo: Twitter)

Indian Bank revises interest rates on term deposits

The Indian Bank announced upward revision in interest rate on domestic term deposits by 50 bps to 90 bps for amount less...

17 Feb 2019 10:51 AM GMT