On August 2, the RBI will review monetary policy and, possibly, tweak policy rates. Markets that had run up to record highs in July are
Category: RBI–Banks
RBI asks banks to enable account number portability – The Financial Express–01.08.2017
RBI Deputy Governor S S Mundra has asked banks to work towards account number portability as it will be a far-reaching step towards enhancing competition
Why SBI stock rose more than 4 pct on savings rate cut – The Financial Express–01.08.2017
Shares of State Bank of India (SBI) rose 4.58 % on Monday closing the session at Rs 312.80 on the National Stock Exchange (NSE). The
Are banks ready for Basel soup? Greatest challenge is to extend deadline of Basel III – The Financial Express–01.08.2017
Reserve Bank of India (RBI) on March 2014 extended the deadline for compliance of capital requirements under Basel III norms to March 2019. At that
Growth in the time of a credit squeeze | Business Line–01.08.2017
GDP growth figures for the last few years have camouflaged a deceleration in credit growth that has affected all but the retail loans segment quite
SBI’s savings rate cut could nudge others also to trim rates | Business Line–01.08.2017
Weak core performance and sharp cuts in lending rates could see more banks cut savings rates to safeguard margins SBI, which has a savings deposit
Bank of India: BoI has been aggressive in making provisions: Dinabandhu Mohapatra–Economic Times–31.07.2017
The new managing director of Bank of India¸ Dinabandhu Mohapatra , is confident it will not face Reserve Bank of India‘s (RBI) restrictions despite posting
RBI not the only central bank to get inflation forecast wrong: Rakesh Mohan | Business Standard–31.07.2017
The book says that though economic reforms were triggered by the twin balance of payments and fiscal crisis, those were largely homegrown and were the
RBI must cut interest rate by at least 25 basis points: Assocham | Business Standard–31.07.2017
Ahead of the Reserve Bank of India’s (RBI) forthcoming monetary policy review next week, industry chamber Assocham (Associated Chambers of Commerce and Industry of India)
Monetary Policy Committee: Credibility and consistency | Business Standard–31.07.2017
Come August 2, the six-member Monetary Policy Committee (MPC) will announce its verdict. This is the sixth meeting of the committee and much water has
Flying high on deceit | Business Line–31.07.2017
“The new loans did nothing to revive Kingfisher and the airline stopped flying in October 2012. In another month’s time, lenders like BNP Paribas of
Fino Payments Bank eyeing 1 lakh touch-points: Gupta | Business Line–31.07.2017
Fino Payments Bank, which recently went live, plans to increase its touch-points to one lakh from the existing 25,000 in the next 3-5 years, Rishi
Not just banks, your unpaid supplier of goods or services can now initiate bankruptcy proceedings–Economic Times–30.07.2017
RBI will not ease any norms for commercial banks for the reason that IBC has not been made mandatory to be followed by Commercial Banks.
The pros and cons of RBI rate cut | Business Standard–30.07.2017
Outside the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), there is growing clamour for a cut in the interest rate. The
Dena Bank trims net loss in Q1 | Business Standard–30.07.2017
Public sector lender Dena Bank has reduced its net loss for the quarter ended June 2017 at Rs 132.65 crore on account of lower provisions
L&T net up 46% but order inflow down to 3-year low | Business Standard News–30.07.2017
S N Subrahmanyan, managing director, Larsen and Toubro. Photo: Kamlesh Pednekar Engineering major Larsen and Toubro reported a 46 per cent jump in consolidated net
Central Bank of India reports lower loss of Rs 577 cr in Q1 | Business Line–30.07.2017
Lower burden of loan loss provisioning and income tax refund saw Central Bank of India report lower net loss of Rs. 577 crore in the
IOB goes live with Bharat Bill Payment system | Business Line–30.07.2017
Public sector Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India, for its customers. BBPS is an
Banking system: Bandhan Bank CEO Chandra Shekhar Ghosh advices MSME units to select best CAs–Economic Times–29.07.2017
Bandhan Bank MD and CEO Chandra Shekhar Ghosh today advised the MSME units in the country to select best chartered accountants, saying “It is not
Majority of economists see RBI rate cut next week: BS poll | Business Standard–29.07.2017
Unlike the June policy, when the consensus was that the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would decide on
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