Tuesday , March 26 2019

Tag Archives: Reserve Bank Of India

State-owned banks becoming precious for investors

State-owned banks becoming precious for investors

State-owned banks are becoming dear ones  for investors March has turned out to be a worst quarter for state-run banks, as they have been facing double-whammy of making some bigger provisions for bad loans and at the same time they are facing a hit on their treasury income. This domineering ...

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RBI Recommends WLTFB to Fund Infrastructure & Core Industries

RBI Suggest Wholesale and Long-term Finance Bank to finance Infrastructure & Core Industries. These banks is not forced to lend agriculture and weaker sections of the society. A Reserve Bank of India (RBI) discussion paper has suggested for initiating long-term finance banks to provide the fund to infrastructure and greenfield projects of ...

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Will the Bank Cut Loans Rates?

RBI Governor, Raghuram Rajan alongwith deputy governors and  Urjit Patel,  the press conference to announce the RBI monetary policy in Mumbai on Tuesday.
Express Photo By-Ganesh Shirsekar 03/02/2015

  RBI faces five challenges in cutting rates. RBI Governor Urjit Patel Confronts on the issues and raised concerns that it would potentially risk inflation. The Indian Consumers are expecting drop in loan rates which could probably help them in recovering from the crucial demonetisation phase . But according to ...

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Demonetisation was planned, decision not taken in a day: RBI Ex-deputy governor

Rama Subramaniam Gandhi

Rama Subramaniam Gandhi who was  retired  deputy governor of Reserve Bank of India says that decision on demonetisation was no taken on single day. The Ex-deputy Governor of Reserve Bank of India Rama Subramaniam Gandhi says that normalcy has returned to the currency system where the pace of cash withdrawals ...

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RBI clears proposal to introduce new Rs200 notes

Reserve Bank of India

The Board of RBI cleared the proposal to introduce  the Banknotes of Rs200 and the printing process of the notes will begin after June. After the note ban of Rs 500, Rs 1000 notes in November 2016, the Reserve Bank of India introduced new notes of Rs 500 and Rs ...

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SBI Merger with its Subsidiaries would Improve Bad Loan Scenarios


SBI Chairman Arundhati Bhattacharya affirms no more bad loan surprises after the subsidiary merger to the parent bank. Senior executives of State Bank of India told that the bank after merging five subsidiary banks with itself expects to see no bad loans in future. The nation’s top lender by assets, ...

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Indian foreign residents rushing to RBI to exchange scrapped notes

Scrapped notes

The Indian citizens who were in abroad during demonetisation are changing the old notes now, as the deadline for them extends on March 31 and people are waiting in queues at RBI offices. New Delhi:The Reserve bank of India is witnessing huge queue as the deadline for the exchange of ...

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Finance Ministry to Re-Consider on Surplus Cash Absorption by Banks


Finance Ministry had called Bankers into a meeting to address the absorption of surplus cash in the banking system According to a leading news agency, the Finance Ministry, on Friday had called the bankers for a meeting to discuss on the surplus cash in Banking System. And it was decided that ...

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Banking stocks will fall for four sessions in a row over lending woes


Banking stocks are being under pressure on account of recent loan-waiver announcement by various political parties Banking stocks fell for the fourth consecutive session after the Reserve Bank of India’s credit growth data suggested that the banking system is struggling to lend despite the higher liquidity. And also, the recent ...

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RBI removes cash withdrawal limit


RBI removed the limits on cash withdrawals from savings bank account post demonetisation of high denomination currency notes ended on Monday. The Reserve Bank of India (RBI) gave Indians a Holi gift and removed all the restrictions on saving bank cash withdrawals from banks as well as ATMs put after the ...

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