Banking
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Delay in resolving NPA affecting banks’ lending: Jaitley
New Delhi : The delay in enacting the Banking Regulation (Amendment) Bill which seeks to empower the Reserve Bank of…
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Farm loan waiver should not become a policy: Bimal Jalan
New Delhi : Former Reserve Bank of India (RBI) Governor Bimal Jalan on Wednesday said farm loan waivers should be…
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Nationwide bankers strike on August 22
Chennai : The United Forum of Bank Unions (UFBU) has given notice of their decision to go on nationwide strike…
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Rupee’s high external value hurting exporters: Assocham
New Delhi : The external value of the Indian rupee currently supersedes its internal strength and the resulting mismatch is…
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Post note ban, expansion of currency presses, paper mills
By Meghna Mittal, New Delhi : With the sudden demonetisation decision exposing its chinks, the country’s currency printing system is…
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Global cues, banks stocks drag Indian equities lower
Mumbai : Negative global cues, coupled with heavy selling pressure in banking and metal stocks, dragged the Indian equity markets…
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Banks may need 20% extra provisioning for 50 top bad debts: Study
New Delhi : Banks may require an incremental provisioning of 20 per cent against cumulative debt totalling over Rs 4.3…
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Equity markets fall despite RBI cutting lending rates
Mumbai : Indian equity markets on Wednesday were pulled lower to close on a subdued note on the back of…
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Banks laud RBI rate cut as boost to investor sentiment
Mumbai : Commercial banks on Wednesday lauded the Reserve Bank of Indias decision to cut key interest rates by 25…
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Subdued inflation prompts RBI to reduce key lending rate
Mumbai : Subdued inflation and demand prompted the RBI on Wednesday to reduce its key lending rate by 25 basis…
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