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Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.Business
RBI clamps down on Bandhan Bank over owner's stake

Bandhan Bank is taking necessary steps to comply with licensing condition to bring down its main shareholder's stake to...

29 Sept 2018 11:00 AM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.Business
RBI eases some cash requirement rules for banks

The move will ease tight cash conditions to some extent as it will reduce pressure on banks.

27 Sept 2018 10:00 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
FinMin, RBI working out mechanism to ensure smooth India-Iran trade

The commerce secretary says India will impose duties on imports within WTO norms.

26 Sept 2018 8:17 AM IST

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

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