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SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI cuts interest on home loans above Rs 75 lakh

For the salaried woman, the new rate will be 8.55 per cent while for others, it is 8.60 per cent.

9 Jun 2017 6:40 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 may ease rates, hinting banks to cut lending rates: BofAML

RBI rate cuts will likely endanger the much-needed bank lending rate cut before the busy industrial season sets in...

9 Jun 2017 4:56 PM IST

RBI governor Urjit Patel

Urjit Patel to appear before Par panel on July 6

Committee had also called top finance ministry and RBI officials in January to discuss the impact of demonetisation.

9 Jun 2017 4:40 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

Not cancelled unused credit lines to telecom sector: SBI

RBI recently asked banks to immediately review their exposure to the telecom sector, which has total debt of about Rs...

9 Jun 2017 2:44 PM IST

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)

Industry seeks longer NPA timeline

Assocham President said that the MPC missed out on another opportunity to lower the intervention rates.

9 Jun 2017 4:31 AM IST

Reserve Bank of India

Let RBI and MPC function

As with America's Fed and the Bank of England, India has tasked the RBI to set monetary policy and control money supply.

9 Jun 2017 2:19 AM IST

Representational Image.

ASSOCHAM urges govt to resolve NPA issue

ASSOCHAM president also urged that the NPA norms on getting the account classified under NPA category for core sectors...

8 Jun 2017 7:03 PM IST

Reserve Bank of India

Nomura report says RBI to keep interest rates unchanged

According to the Japanese financial services major, headline CPI inflation is expected to remain low in the near term .

8 Jun 2017 2:07 PM IST

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

Strong autonomy message: MPC declines FinMin meet request

All the MPC members declined the request of the finance ministry for that meeting.

8 Jun 2017 12:17 PM IST

RBI governor Urjit patel

RBI increases FPI limits in govt bonds by Rs 170 billion

On central govt securities, cap on general category has been increased to Rs 1,565 billion.

1 April 2017 11:03 AM 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 sees economy clipping at 7.3 pc in current fiscal

Retail inflation, excluding food and fuel that remained sticky during H2 of FY17 at around 4.9 per cent.

30 Jun 2017 8:05 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 warns of more NPA pain, sees bad loans topping 10 per cent by...

Net non-performing advances (NNPA) ratio marginally increased to 5.5 per cent in March 2017.

30 Jun 2017 7:39 PM IST