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Saturday, Feb 23, 2019 | Last Update : 10:15 AM IST
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India needs to spur growth amid low inflation outlook: RBI's MPC
RBI has lowered its inflation target for April-September to 3.2-3.4 per cent from the 3.8-4.2 per cent seen in Dec.
22 Feb 2019 11:30 AM
Finmin expects NPA recovery of Rs 1.80 lakh crore in FY19
So far, banks have recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code (IBC).
21 Feb 2019 9:49 AM
Disclosure of Nil Divergence as per regulatory norms: Yes Bank
The exchange had sought clarification from the bank regarding Risk Assessment Report for the year ended March 31, 2018.
20 Feb 2019 9:40 AM
Lose fiscal, monetary policies not to boost economy; growth to slow down to 6-6.5pc
Fiscal and monetary policies are turning expansionary but are unlikely to change the near-term trajectory,says Nomura brokerage.
20 Feb 2019 9:28 AM
Smart investment moves for FY 2019-20
Investment returns heavily depend on the economic conditions and the fluctuations in repo rate.
19 Feb 2019 1:48 PM
Yes Bank shares plunge over 8 per cent post RBI censure
Yes Bank stock recovered some of the lost ground and was trading at Rs 212.30, down 2.93 pc during the afternoon trade on BSE.
18 Feb 2019 2:18 PM
Will meet bank heads on Feb 21 on transmission of rate cut: Shaktikanta Das
Earlier this month, the Reserve Bank cut the benchmark interest rate by 0.25 per cent to 6.25 per cent.
18 Feb 2019 1:13 PM
Liquidity constraints continue in the market despite bank recoveries: FICCI-IBA
At the same time, over 90 per cent of respondents said infrastructure continues to remain a key sector with high NPAs.
18 Feb 2019 11:48 AM
First time in FY19, RBI becomes net buyer of dollars in Dec
The central bank bought USD 837 million and sold USD 230 million in the spot market during the reporting month.
17 Feb 2019 11:34 AM
Govt may consider approval of Rs 5,500-cr FAME-II scheme this month
The scheme in its second phase will offer a bouquet of incentives, such as exemption from paying road tax, registration fee.
17 Feb 2019 10:58 AM
RBI threatens action against Yes Bank for disclosing nil divergence report
Yes Bank had said the RBI has not found any divergence in the asset classification, provisioning done by the lender during 2017-18.
16 Feb 2019 2:08 PM
Growth likely to reach 7.5 per cent next fiscal: Chief Economic Adviser
The Reserve Bank of India, in its latest monetary policy review projected an economic growth rate of 7.4 per cent for the next fiscal.
15 Feb 2019 2:34 PM
RBI imposes Rs 5 cr penalty on four PSU banks
A penalty of Rs 2 crore has been imposed on Corporation Bank and Rs 1 crore each on SBI, Bank of Baroda and Union Bank of India.
14 Feb 2019 9:43 AM
RBI finds no divergence in provisioning, asset classification: Yes Bank
The RBI judged gross NPAs at Rs 8,373.8 crore for Yes Bank for 2016-17 against the declared gross NPAs at Rs 2,018 crore.
14 Feb 2019 9:35 AM
NPA under Mudra Yojana stands at Rs 7,277 crore
Almost 73 per cent of the loans under PMMY have been extended to women borrowers
13 Feb 2019 10:18 AM
RBI slaps penalties on 7 banks for violation of norms
A penalty of Rs 1.5 crore has been imposed on Allahabad bank, Bank of Maharashtra and Indian Overseas Bank for non-compliance.
13 Feb 2019 10:07 AM
Govt introduces IFSC Bill in Rajya Sabha
The International Financial Services Center Authority Bill, 2019 mandates the transaction of financial services in the IFCS.
12 Feb 2019 5:48 PM
RBI governor meets foreign investors in Hong Kong
The RBI last week proposed removal of 20 per cent foreign portfolio investor (FPI) restriction on the corporate debt market.
12 Feb 2019 3:51 PM
Cement demand expected to grow 1.2 times of GDP growth rate: UltraTech
UltraTech "demand momentum to maintain with improved focus on infrastructure, low cost housing and uptick in rural housing."
11 Feb 2019 5:31 PM
Goyal asks SPMCIL to expand export footprint
The company should have huge outreach programme, try to get big orders in the area of minting coins, printing currency notes: Goyal.
10 Feb 2019 2:58 PM
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