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Three persons, allegedly involved in a sensational bank robbery bid in which two guards were killed on September 21, have been arrested following an encounter with the police in Noida, officials said on Wednesday.

Punjab National Bank robbery: Noida Police arrests 3 accused

During the robbery bid, the men had tried to break into the strongroom of the bank, located in the basement of the...

26 Sept 2018 11:52 AM IST

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

FinMin, RBI working out mechanism to ensure smooth India-Iran trade

The commerce secretary says India will impose duties on imports within WTO norms.

26 Sept 2018 8:15 AM IST

Representational image

What is the right timeframe for your mutual fund investment?

Most mutual fund schemes can broadly be described as debt funds or equity funds.

26 Sept 2018 12:17 AM IST

Union Finance Minister Arun Jaitley has not been attending office since Monday and even skipped taking oath after being re-elected as Rajya Sabha MP from Uttar Pradesh. (Photo: PTI | File)

Bad debts on a decline, loan recovery picking up of PSU banks: Jaitley

After the IBC came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked...

25 Sept 2018 7:28 PM IST

In a worrying sign, India reported a fiscal deficit of Rs 6.12 lakh crore for the April-November period.

RBI needs to cut Cash Reserve Ratio to improve liquidity: govt...

The RBI has tools like OMO (Open Market Operations) to manage liquidity.

25 Sept 2018 5:48 PM IST

Bank of Baroda. File photo.

Moody's retains Bank of Baroda rating after merger announcement

Last week, government had announced merger of BoB, Vijaya Bank and Dena Bank to create the country's second largest...

25 Sept 2018 5:37 PM IST

Paisabazaar.com offers over 150 credit cards from 13 banks to cater to varied consumer segments that visit its platform. (Photo: Youtube)

Paisabazaar aims to issue 3.5 lakh credit cards in the next 12 months

Targets 33,000 credit cards in a month by March 2019.

25 Sept 2018 4:43 PM IST

Finance minister Arun Jaitley

Jaitley asks PSU banks to take effective action against frauds,...

Formalisation of the economy would help India achieve sustainable growth of 8 per cent.

25 Sept 2018 4:26 PM IST

Canara Bank says capital being raised to maintain healthy CRAR.

Canara Bank drags GTL group to NCLT

GTL has defaulted on Rs 459 crore loans from the bank, GTL Infrastructure owes Rs 541 crore to the lender.

25 Sept 2018 1:13 PM IST

Finance Minister Arun Jaitley

Jaitley to meet PSU banks chiefs tomorrow; to review financial...

The finance minister will also discuss credit growth and bad loan situation.

24 Sept 2018 4:33 PM IST

The currency in circulation (CiC), which increased exponentially after the note ban in November 2016 under which as many as 99.9 per cent of them returned to the system, has seen some slowdown in expansion since May this year likely due to higher fuel prices and Reserve Banks intervention in forex market, says a report. (Photo: Pixabay)

'Currency in circulation slows down on spike in crude, RBI selling...

Since the beginning of May 2018, currency in circulation has been in the range of Rs 19-19.6 trillion, says the report.

24 Sept 2018 3:35 PM IST

The government, which reportedly asked the RBI last month to make a list of candidates for mergers and set a time-frame for bank consolidation, is going full steam ahead on its plan to clean up the banking system and create fewer, better-capitalised lenders.

PNB, OBC, Andhra Bank next in line for merger

Govt studying amalgamation of three PSBs, say sources.

24 Sept 2018 3:17 PM IST