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The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.Business
Axis Bank stock rises 4 pc after Shikha Sharma's tenure shortened

Shares of the company opened on a bullish note at Rs 523.10, then surged to a high of Rs 540.

10 April 2018 10:43 AM IST

Chanda Kochhar, MD & CEO of ICICI BankBusiness
It's for RBI to decide on Chanda Kochhar's term at ICICI Bank: FinMin

Ratings agency said allegations against ICICI Bank are coming against a backdrop of high NPAs in banking sector.

10 April 2018 10:28 AM IST

Morgan StanleyBusiness
'Expect RBI to hike rate by 2018-end'

The MPC has revised down its inflation forecast for the second half of FY19 to 4.4 per cent.

9 April 2018 12:30 AM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.Business
Cryptocurrencies hit hard on Indian exchanges after RBI clampdown

Government and the central bank have previously cautioned the public on cryptocurrencies.

7 April 2018 10:17 AM IST

Union finance ministry Arun JaitleyBusiness
Properties worth Rs 15,000 crore sold off

Indian banks have written off non-performing loans worth Rs 2.30 lakh crore for the five-year period ended March 2016.

7 April 2018 6:03 AM IST

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
RBI did not conduct audit during PNB scam: CVC

Chowdary pointed out that the RBI issues general guidelines as a regulator and also when foreign exchange is involved.

4 April 2018 1:35 AM IST

RBI governor Urjit PatelBusiness
RBI unlikely to cut interest in monetary policy on Thursday

RBI is expected to be on an extended pause as inflation is likely to remain close to 4.5 per cent during 2018-19.

3 April 2018 4:32 PM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI may agree on raising FPI limit on G-Secs to 6-7 per cent

RBI and the ministry are in the final stages of discussions for increasing the FPI limits from April 1, 2018.

2 April 2018 12:13 PM IST

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.Business
ICICI Bank shares tumble on probe reports, RBI fine

Shares of ICICI Bank, India's third-largest lender, plunged 7 per cent to a five-month low.

2 April 2018 11:43 AM IST

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

The market is slowly expected to gain momentum in the month of April.

1 April 2018 10:59 AM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.Business
Provision against bad loans to remain elevated in FY'19: ICICI Bank

The bank made a provision of Rs 17,307 crore against bad loans in 2017-18 as against Rs 15,208 crore.

31 July 2018 4:13 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI lists 240 new accounts for NPA tag

List of NPAs could be released in September quarter because a new bunch of NPAs are being reported.

31 July 2018 8:58 AM IST

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