RBI
RBI urges banks to gear up for account portability
31 May 2017
Bankers aren’t quite convinced that this could be done with the multiple account number formats and also because inter-bank portability of bank account numbers could lead to fierce competition in the banking industry
RBI to boost oversights panel, empower rating agencies in NPA fight
23 May 2017
RBI will reconstitute the present banks oversights committee with more members and expand the scope of cases to be referred to the OC beyond those under S4A as required currently
RBI issues timeline for faster resolution of banks’ NPAs
06 May 2017
The RBI says the decisions agreed by a minimum of 60 per cent of creditors by value and 50 per cent of all creditors would be the basis for deciding corrective action plans, which would be binding on all lenders
RBI keeps repo rate unchanged at 6.25% for a third time
06 Apr 2017
The decision comes as India’s consumer price inflation rate climbed to 3.65 per cent in February from a year earlier, picking up from its lowest levels in at least five years
After UK, RBI to print plastic Rs10 notes
18 Mar 2017
These notes are expected to last longer than cotton substrate based banknotes, says minister of state for finance Arjun Ram Meghwal
A sixth of all PSU bank loans stressed: RBI Dy governor
22 Feb 2017
For banks in the worst shape, the share of assets under stress has approached or exceeded 20 per cent, he said, adding that this estimate of stressed assets has doubled from 2013
Savings account holders can withdraw up to Rs50,000 a week now
20 Feb 2017
Starting today, savings accounts holders will be able to withdraw cash up to Rs50,000 per week, though the ATM withdrawal limit of Rs10,000 will stay
MPC decides to keep RBI’s policy repo rate unchanged at 6.25%
08 Feb 2017
While the Reserve Bank of India has been absorbing liquidity since November, there has been an expansion of currency in circulation since mid-January, the committee noted
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