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Public sector banks (PSBs) wrote off Rs 2.41 lakh crore worth of loans between April 2014 and September 2017, the Rajya Sabha was informed on Tuesday.Business
Fingers crossed over next wave of bank mergers

Currently there are nine banks still placed under the prompt corrective action (PCA) framework of the RBI.

19 Sept 2018 11:26 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI penalises 2 UP-based cooperative banks

RBI had issued a show cause notice to the bank, in response to which the bank had submitted a written reply.

18 Sept 2018 6:06 PM IST

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)Business
Fitch raises India's 2018-19 growth forecast to 7.8 per cent:...

Economic outlook is subject to several headwinds including tightening of financial conditions.

22 Sept 2018 10:47 AM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
Yes Bank share tanks after RBI trims CEO Rana Kapoor's term

The stock plunged as much as 31.7 per cent to 287.30 rupees, with more than 105 million shares changing hands.

21 Sept 2018 10:47 AM IST

From the top-10 list, only Reliance Industries Limited, Hindustan Unilever Limited (HUL) and HDFC ended the week with gains. (PTI Photo)Business
RBI appoints external firm to audit HDFC Bank's IT infra in view of...

Last month, HDFC Bank had submitted a detailed plan of action to the RBI to address repeated service disruption issues...

2 Feb 2021 10:37 AM IST

Reserve Bank of India governor Shaktikanta Das addresses a press conference via video link from Mumbai on Friday, April 17, 2020. (PTI)Opinion
AA Edit: Government must guarantee all working capital loans

The only workable solution for the current financial crisis is a sovereign guarantee to all loans

18 April 2020 4:47 AM IST

Curtailed trading hours for debt, currency markets till Apr 30 says RBIBusiness
RBI extends reduced trading hours for debt, currency markets till Apr...

In order to minimise risks arising due covid-19 outbreak, trading hours for various RBI regulated markets were amended

16 April 2020 4:54 PM IST

Bags containing essential supplies kept ready for distribution to people at te Uttarahalli Government School in Bengaluru on Saturday. (DC Photo: Satish. B)Opinion
AA Edit: Recession is upon us; cash transfers are the way forward

When there is a risk of demand dying, the government must put the economy on a ventilator

11 April 2020 4:44 PM IST

This is how the new Rs 200 note will look. Photo:Twitter| @ANIBusiness
RBI will print more Rs 200 notes to ensure ample supply

On Friday, long queues of people were seen at RBI offices to get new Rs 200 currency note.

26 Aug 2017 10:44 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.Business
RBI gets green signal for Rs 200

Arun Jaitley refuted all suggestion that the Rs 2,000 note will be banned by the government or will soon be phased out...

24 Aug 2017 3:48 AM IST

Finance Minister Arun Jaitley (Photo: PTI)Business
Not considering ban on Rs 2,000 notes: Arun Jaitley

Reserve Bank of India will decide on the timing of issuing the new Rs 200 bill.

23 Aug 2017 4:09 PM IST

Right now, there is no currency note of a denomination between Rs 100 and Rs 500 value. (Photo: Representational/PTI)Business
RBI to issue Rs 200 notes in first week of September: report

Central bank says this time it will ensure that black marketing of Rs 200 notes does not take place.

23 Aug 2017 10:58 AM IST

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