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Shares of Federal Bank on Tuesday surged over 19 per cent after the company registered a 25 per cent increase in its net profit for first quarter of the current fiscal.Business
Federal Bank fined Rs 5 crore for non-compliance of RBI norms

The lender was found to have not complied with RBI directions on reporting of data on CRILC.

3 Oct 2018 7:24 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)Business
HDFC Bank raises retail lending rate by 10 basis points

Punjab National Bank had increased its benchmark lending rates or MCLR for short-term loans by up to 0.2 per cent.

1 Oct 2018 4:41 PM 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
Fully geared up for succession plan, says Yes Bank

The RBI had last month curtailed the three-year term that Yes Bank's board had sought for its MD and CEO Rana Kapoor.

1 Oct 2018 1:23 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.Business
RBI to inject Rs 36,000 crore into system in October

It will inject Rs 36,000 crore liquidity into the system through purchase of government bonds.

1 Oct 2018 11:33 AM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)Business
Government does not need RBI funds yet: Arun jaitley

RBI to aid small businesses and give bankers more time to step up capital norms to encourage lending and stimulate the...

24 Nov 2018 1:32 PM IST

Reserve Bank of IndiaOpinion
Govt slugfest with RBI finally ends in a draw

The RBI has sensibly shown selective flexibility to soothe angry government voices.

22 Nov 2018 6:39 AM IST

Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)Opinion
Crack whip on fraudsters

The government's own data shows there were over 8,670 fraud cases totalling Rs 6,12,600 crores over the past five years,...

22 Nov 2018 12:05 AM IST

Reserve Bank of IndiaBusiness
RBI moves to boost lending by Rs 3 lakh crore

Help to reduce Rs 35,000cr burden on public sector banks.

21 Nov 2018 5:05 AM IST

RBI Governor Urjit Patel, will announce the resolution of the MPC on its first bi-monthly monetary policy for financial year 2018-19 later in the day.Opinion
Win-win for govt and RBI as crisis defused

The outcome established the advisory nature of the RBI board and the independence of its governor, Urjit Patel.

21 Nov 2018 12:00 AM IST

Reserve Bank Governor Urjit PatelIndia
RBI, govt signal truce after 9-hour meet; key issues referred to panel

Board suggests restructuring scheme for stressed assets of MSMEs.

20 Nov 2018 12:50 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)India
Urjit Patel vs Modi govt: RBI board concludes marathon meet in Mumbai

There are indications that RBI may be willing to ease lending norms for MSMEs but liquidity to NBFCs remains a sticking...

19 Nov 2018 8:49 PM IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)Opinion
Govt, RBI must work together, end turf war

An angry Jaitley wanted to know why the RBI had failed in its oversight duty of checking the increasing non-performing...

19 Nov 2018 12:05 AM IST

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