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Prime Minister Narendra Modi addressing at BJPs Parivaratan Rally in Moradabad. (Photo: PTI)

Did gains justify pain? Just wait

Last year, the RBI recorded filtering out about Rs 29 crores of counterfeit notes.

9 Jan 2017 4:20 AM IST

Representational image

SBI Research pegs GDP further down to 6.7 per cent

The report estimates GDP growth for the second half and for the full year at 6.3 per cent.

7 Jan 2017 10:48 AM IST

Finance minister Arun Jaitley and RBI governor Urjit Patel during the financial stability and development council meeting in New Delhi. (Photo: PTI)

No speculation on deposits, says RBI

Figures will be released after calculation.

6 Jan 2017 2:39 AM IST

Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

RBI bars use of colour-stained notes on Holi

Central bank directs public sector banks not to accept Rs 2,000 and Rs 500 notes if they come with colour blots.

9 March 2017 3:53 PM IST

Finance minister ArunJaitley

Arun Jaitley chairs high-level meet on bank NPAs

As on Sept 30, 2016, gross NPAs of public sector banks rose to Rs 6.3 lakh crore.

9 March 2017 2:15 PM IST

DoCoMo sold its stake in telecom JV in 2014 to Tata Sons.

RBI opposes terms of $1.18-bn Tata-Docomo pact

Central bank says it opposed consent terms and remission of money by Tata Sons to NTT DoCoMo.

8 March 2017 4:42 PM IST

The accused connived with the owners of private firms and allowed depositing demonetised currency notes worth around 82.50 crore in the banks currency chest.

Two Union Bank officials booked in note scam

The CBI officials also conducted searches and raids at 12 places.

8 March 2017 6:37 AM IST

GDP stands for Gross Domestic Product.

December quarter GDP growth surprising: Fitch

The rating agency, however, projected a robust 7.1 per cent growth for 2016-17.

7 March 2017 12:41 PM IST

Deputy Governor S S Mundra

RBI asks banks to enable account number portability

Banks should look forward to providing more choices to the new generation of customers.

31 July 2017 8:35 PM 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI levies Rs 3 crore penalty on Union Bank for KYC non-compliance

Central bank said it had examined the documents concerned and notices were issued to the bank.

31 July 2017 6:37 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI cuts saving account rate by 0.5 pc on balance upto Rs 1 cr

SBI said revision of saving bank rate will enable the bank to maintain MCLR at existing rates.

31 July 2017 1:29 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

DBS expects RBI to cut its policy rates by 0.25 pc

Real interest rates are also high about 400 basis points compared to RBI's preference for 1.25-1.75 pc.

31 July 2017 1:17 PM IST