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Sunil Kumar Sinha

Easy to blame RBI without understanding the issues'

Actually, Rs 2,000 currency notes were in short supply so most of the ATMs had notes of lower denominations, says Sunil...

26 April 2018 6:17 AM IST

Private lender IndusInd Bank on Tuesday announced a pilot program with WhatsApp enterprise solution in India to communicate with its customers.

BFIL seeks SEBI nod for merger with IndusInd Bank

In October last, IndusInd Bank had decided to acquire the country's leading micro-finance player BFIL.

24 April 2018 4:20 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Banks stay cautious on infra lending

Bankers said most of the restructuring happens in long term projects in the infrastructure sectors.

24 April 2018 1:18 AM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

Infra lending may take a back seat as RBI refuses to budge on new NPA...

Banks requested the RBI to make the required majority to 75 per cent for any such plan.

23 April 2018 2:00 PM IST

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

India's economy could grow at 7.4 per cent in 2018-19: RBI

India's annual retail inflation eased for a third straight month in March to 4.28 per cent.

23 April 2018 8:35 AM IST

Reserve Bank Governor Urjit Patel

RBI expects India to grow at 7.4 per cent

Patel said that several factors are expected to accelerate the pace of growth in FY19

23 April 2018 1:37 AM IST

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

RBI minutes: Patel in favour of more data before changing policy...

The flow of funds from non-bank sources to the corporate sector has also been rising.

20 April 2018 9:16 AM IST

People in many states are complaining of cash crunch at ATMs. (Photo: ANI | Twitter)

Govt's own decision created currency crisis

RBI will need to print more notes and the cash gap will persist for some more time.

20 April 2018 8:41 AM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

RBI to recoup forex reserves despite being put on US watch list:...

According to BofAML forex strategists, rupee is expected to be around Rs 64.25 per USD in December.

19 April 2018 2:45 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India claims top spot for 2018 growth among major economies: sources

Reserve Bank of India has kept interest rates steady after a 25 basis-point cut to the repo rate in August last year.

19 April 2018 11:43 AM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

NPA resolution may get 180 days more

Poor valuations, over-burdened NCLT may prod govt to relax time limit.

17 April 2018 8:41 AM IST

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

NPA maze: Govt for scrapping of one-day default norm

Govt as well as banks feel one-day delay norm could harm businesses and lead to making loans below Rs 2,000 cr.

16 April 2018 8:53 AM IST