RBI
RBI to penalise erring bank auditors
30 Jun 2018
RBI sees banks’ bad loans rising up to 12.2% in FY19
27 Jun 2018
In the worst case scenario, the bad loan ratio could rise up to 13.3 per cent by the end of the current financial year, ie, anywhere between Rs12,20,000 crore and Rs13,30,000 crore, RBI stated in its Financial Stability Report
RBI hikes repo rate by 25 bps to 6.25%
06 Jun 2018
The hike in the repo rate, which follows a sharp rise in consumer price inflation rate to 4.6 per cent in April, is also intended to tame rising inflation, RBI said
IDBI Bank’s MK Jain appointed RBI deputy governor
05 Jun 2018
A career banker, Jain has previously served as the CEO of Indian Bank and since his move to IDBI Bank, he has been focused on cleaning up the bank’s balance sheet and has moved to divest several non-core assets to help release capital
RBI holds rates amidst easing of inflation
05 Apr 2018
RBI said the decision of the MPC is consistent with the neutral stance of monetary policy and in consonance with the objective of achieving the medium-term target for consumer price inflation of 4 per cent, while supporting growth
Jio Payments Bank commences operations
04 Apr 2018
Urjit Patel seeks more teeth for RBI to police state-run banks
15 Mar 2018
In the wake of the massive fraud at the Punjab National Bank, RBI Governor Urjit Patel said the central bank had "very limited authority" over state-run banks, where ‘dual regulation’ by the state and the RBI is leading to problems
RBI tightens rules for bad-loan resolution
13 Feb 2018
RBI today issued a revised framework for resolution of bank loan defaults, widening the net for bankruptcy proceedings against loan defaulters and in the process abolishing half a dozen existing loan-restructuring mechanisms
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation