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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

Economic Affairs Secretary Shaktikanta Das

Rising growth concerns prompted third rate cut: Shaktikanta Das

MPC announced a 25 bps rate cut in short term lending rate to 5.75 percent, which is the lowest repo rate in nine years.

6 Jun 2019 3:36 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

RBI to issue on tap licence guidelines on small finance banks in...

The RBI had given in-principle approval to 10 entities for entering the small finance banking space in September 2015.

6 Jun 2019 3:14 PM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

RBI cuts interest rates to 9-yr low, expects banks to quickly lower...

The reduction in interest rate will help boost credit growth, helping arrest the slowdown in the economy

6 Jun 2019 2:02 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL default: RBI to enusre financial stability

DHFL has commercial paper worth Rs 750 crore maturing in June with the first repayment on June 7.

6 Jun 2019 1:18 PM IST

Economic Affairs Secretary Shaktikanta Das

New NPA resolution norms in 3-4 days: Shaktikanta Das

On April 2, the SC had declared as 'ultra vires' the February 12 circular that mandated banks to label even a day's...

6 Jun 2019 1:18 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Sensex tanks over 300 points after RBI policy outcome; financial...

The 30-share index was trading 333.32 points, or 0.83 per cent, lower at 39,750.22.

6 Jun 2019 12:57 PM IST