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Building a robust data protection framework will achieve the dual purpose of privacy and innovation besides strengthening Indias position as a global tech leader, said Minister of Commerce and Industry, Piyush Goyal. (Photo: ANI)

India to address concerns on e-commerce data storage requirements

Each and every concern of the industry will be addressed, the ministerPiyush Goyal said while referring to the data...

18 Jun 2019 1:59 PM IST

Reserve Bank of India (RBI)

RBI to review data storage rules for payment firms: Government

All the companies who were represented in this meeting put forth their concerns related to RBI data storage...

18 Jun 2019 12:36 PM IST

Reserve Bank of India (RBI)

RBI may cut rates by another 25 bps in 2019: Fitch Ratings

RBI cut the repo rate to 5.75 per cent on June 6, its third cut in 2019, while also changing its policy stance to...

18 Jun 2019 8:59 AM IST

Indian services sector activity returned to its growth track in March, driven by greater inflows of new work.

India's services exports up 2.8 pc to USD 18.06 bn in April

The services sector receipt or exports during April 2018 stood at USD 17.56 billion.

14 Jun 2019 7:26 PM IST

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

RBI to pump in Rs 12,500 cr liquidity on June 20

The government securities to be purchased in the auction would be communicated in due course, the RBI added.

14 Jun 2019 8:46 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS to implement RBI's information and management system for 310 crore

TCS pipped other IT majors like IBM India, Infosys, Larsen & Toubro Infotech to get the key project of the central bank.

13 Jun 2019 8:51 AM IST

Data analytics major SAS has created a new division to help organisations fight frauds and cyber crimes.

Over Rs 2.05 lakh cr frauds in 11 years: ICICI Bank, SBI and HDFC...

SBI reported 6,793 fraud cases involving Rs 23,734.74 crore followed by HDFC which recorded 2,497 cases involving Rs...

12 Jun 2019 3:12 PM IST

Reserve Bank of India (RBI)

New RBI norms to give more lenders headroom to resolve large NPAs:...

New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.

11 Jun 2019 7:10 PM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

RBI's new prudential framework for stressed asset resolution credit...

RBI issued a framework for resolution of stressed assets, which give banks 30 days to review a borrower account before...

10 Jun 2019 11:21 AM IST

Governor Shaktikanta Das

RBI to focus on governance reforms in banks, non-banking sector in...

Bank Board Bureau and the Reserve Bank are engaged in developing an objective framework for performance evaluation of...

9 Jun 2019 8:28 AM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

RBI assures all help to troubled NBFCs; SBI monitoring exposure to...

RBI is committed to ensuring a robust and well-functioning NBFC sector, said Das.

7 Jun 2019 9:03 AM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Bankers, finance players hail RBI repo rate cut, hope consumer demand...

On NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.

6 Jun 2019 4:41 PM IST