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ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.

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.

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.

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.

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

India Post is starting its India Post Payments Bank.

India Post to start payments bank soon

IPPB will go live with 650 branches in addition to 3,250 access points co-located at post offices.

30 July 2018 9:29 AM IST

Additional DGP Pallab Bhattacharya said that they have succeeded in identifying the Ulfa (I) rebel who was sending the extortion notices as WhatsApp message wa followed by a call which originated from Myanmar.

WhatsApp building payments service for other markets as it awaits...

WhatsApp's payments service conforms with the RBI rules and data security of customers.

29 July 2018 1:10 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

Inflation, growth momentum suggest RBI will hit pause button: report

RBI will keep the repo rate unchanged at 6.25 per cent in its policy review meet next week says a report.

29 July 2018 11:48 AM IST

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

RBI rate decision, Q1 earnings, macro data key for markets this week

PMI data for the manufacturing and services sectors would also influence trading sentiments.

29 July 2018 11:17 AM IST

Manish Patel admitted to presenting a forged Indian passport to Border Patrol agents. (Photo: Representational/PTI)

Panel seeks changes in passport Act to prevent fraudsters from fleeing...

The law is aimed at quickly recovering losses to exchequer or PSBs in cases of frauds.

29 July 2018 10:41 AM IST

Meanwhile, Congress MP Rajni Patil gave zero hour notice in Rajya Sabha over the issue of 33 per cent reservation for women in Parliament and Assembly. (Photo: ANI)

Parliament passes bill for quick prosecution in cheque bounce

Over 16 lakh cases of cheque bounce are pending in subordinate courts.

27 July 2018 9:59 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Inflation likely to average 4.7 pc this fiscal, RBI to tighten rates:...

RBI's MPC will start its rate review meeting from July 30 and is expected to announce its call on August 1.

26 July 2018 2:12 PM IST

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

Bond investors shun India, citing lack of reassurance from RBI

Foreign investment in the debt market is capped at 5.5 per cent of India's roughly $760 billion.

26 July 2018 12:54 PM IST