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Economic Affairs Secretary Shaktikanta Das

FM reviews state of economy at FSDC meet

The FSDC is the apex body of sectoral regulators, headed by the finance minister.

19 Jun 2019 7:15 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

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

Reserve Bank of India (RBI)

After RBI's repo cut, IDBI slashes rate

IDBI Bank said that it has reduced its one-year MCLR or the minimum lending rate by 5 basis points to 8.95 per cent.

13 Jun 2019 1:09 AM IST

Reserve Bank of India (RBI)

NEFT, RTGS charges to be off from July 1

The Reserve Bank of India on Tuesday said it will waive all charges on fund transfer through popular RTGS and NEFT...

12 Jun 2019 3:54 AM 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

SBI said it would launch repo rate-linked home loans from July 1. More lenders are likely to follow suit, as SBI is the market leader with around 35 per cent of share.

Transmission of RBI rate cut is finally happening

RBI may again ask banks to link loans to repo or G-sec.

10 Jun 2019 4:22 AM IST

The rules of the new insolvency regulations to bring individual businesses under its purview are likely to be in place soon. (Representational Image)

RBI circular a welcome step; provides more freedom to bankers: IBA

RBI has given more freedom to bankers to bring their own resolve, said Indian Banks' Association chief Sunil Mehta.

8 Jun 2019 2:59 PM IST

Reserve Bank of India (RBI)

RBI sets new stressed assets norms

Lenders get 180 days to resolve default under new framework.

8 Jun 2019 1:39 AM IST

Governor Shaktikanta Das

Market unimpressed in wake of NBFC crisis

Jittery markets are facing a crisis of confidence with respect to the precariously perched NBFC (including HFCs) &...

7 Jun 2019 6:48 AM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI cuts key rate 0.25 per cent, loans might get cheaper

All the six members of the MPC voted in favour of a rate cut as well as change in policy stance.

7 Jun 2019 2:34 AM IST