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Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

India likely to clock 7.5 pc growth in FY19: Deutsche Bank

Higher oil prices can potentially slow the pace of recovery.

29 April 2018 11:33 AM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

RBI lifts key restriction on foreign investors in bond market

RBI said it is withdrawing a restriction that limited foreign investors to only investing in government and corporate...

28 April 2018 10:40 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Govt to soon acquire RBI's stake in National Housing Bank

The stake transfer would be cash neutral and there would be no cash outgo, sources said.

26 April 2018 3:17 PM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Bank credit grows at 11.52 per cent, deposits at 7.96 per cent

In the same period ended April 14, 2017, banks advances were at Rs 76,01,970 crore.

25 April 2018 6:07 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Reserve Bank of India to hike rates in June policy: report

Largely on account of sharp increase in crude oil prices over the last few months.

25 April 2018 4:34 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

RBI sets rupee reference rate at 66.6983 against US dollar

The corresponding rates were 66.3622 and 81.0548, as on yesterday.

25 April 2018 2:14 PM IST

Debt-ridden Videocon Group on Wednesday approached the principal bench of NCLT requesting it to direct all insolvency case.

Videocon approaches NCLT to list all insolvency cases together

The step-down subsidiaries include Videocon Telecom, Electro World and Millennium Appliances.

25 April 2018 12:51 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

RBI sets rupee reference rate at 66.2177 against US dollar

The corresponding rates were 66.0167 and 81.4580, as on friday April 20.

23 April 2018 3:26 PM IST

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

Sebi may seek forensic probe of ICICI Bank books, disclosures

The capital markets regulator will also consult the Reserve Bank of India (RBI) on the matter.

22 April 2018 1:18 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Probability of RBI rate hike has increased, say experts

The minutes of the RBI's monetary policy committee (MPC) are 'hawkish' and indicate a hike in key policy rates.

22 April 2018 11:24 AM IST

People in many states are complaining of cash crunch at ATMs. (Photo: ANI | Twitter)

What the cash crunch foretells

The Reserve Bank, unconvincingly, denies that there is any cash crunch & alleges the inefficiency of banks in properly...

21 April 2018 12:26 AM IST

BookMyForex.com is worlds first and largest marketplace for currency exchange and private remittances. (Photo: AFP)

Forex reserves at life-time high of USD 426.082 billion

The country's foreign exchange reserves expanded by USD 1.217 billion to touch a life-time high.

20 April 2018 6:27 PM IST