RBI floats discussion paper on governance in commercial banks
Among other things, the discussion paper bats for greater power to the bank boards, separation of ownership from management and setting up of proper risk management strategy.
Jun 12, 2020, 11:49 AM IST
Media reports on 'five-day week' in commercial banks factually incorrect: RBI
The RBI has termed the media report on 'five-day week in commercial banks' as factually incorrect.
Apr 20, 2019, 20:44 PM IST
No IT exemption to cooperative banks: Govt tells Lok Sabha
Income tax is a tax on profits and there is no rationale for exempting profit-making cooperative banks from payment of income tax, government said.
Dec 29, 2017, 13:09 PM IST
Demonetised notes are being counted using 66 machines, says RBI
It said seven CVPS machines were in the process of being leased, while seven others available with commercial banks were also being used.
Oct 16, 2017, 17:10 PM IST
'Merge govt, central bank budgets for better fiscal outcomes'
An American economist has called for consolidating the central bank and government's budgets and balance sheets saying such a move can prevent sovereign default risks and ensure better fiscal and monetary outcomes.
Apr 16, 2017, 11:55 AM IST
Credit, deposits growth decline in Q2: RBI
The growth rate of deposits and credit was 12.3 percent and 9.5 percent, respectively, in the same quarter last year.
Nov 26, 2015, 23:54 PM IST
Bank credit growth slows to 9.8%
Growth rate of credit by scheduled commercial banks slowed to 9.8 percent at Rs 66,33,417 crore for the fortnight ended May 29, as per Reserve Bank data.
Jun 10, 2015, 16:11 PM IST
Commercial banks' non-food credit rises by 8.9%: RBI
Non-food credit of scheduled commercial banks rose by 8.9 percent on a year-on-year basis to Rs 60,41,400 crore in April, according to RBI data released on Friday.
May 29, 2015, 21:43 PM IST
FY14 credit growth slips to 13.7%: RBI
The gross outstanding credit of scheduled commercial banks rose 13.7 percent to Rs 62,82,100 crore in financial year 2013-14, a marginal decline from the previous fiscal when it registered an increase of 15 percent, the Reserve Bank said on Friday.
May 08, 2015, 18:14 PM IST
Take all commercial decisions without fear: Arun Jaitley to PSU banks
Finance Minister Arun Jaitley on Monday called on public sector banks to take all commercial decisions without any fear or favour.
Jan 05, 2015, 15:51 PM IST
Bank credit grows 11% to Rs 63,03,482 crore
Schedule commercial banks' credit grew 11 percent to Rs 63,03,482 crore in the fortnight ended December 12, according to the Reserve Bank data.
Dec 23, 2014, 21:34 PM IST
'Islamic banking assets to exceed USD 778 billion in 2014'
Islamic banking assets with commercial banks in international markets are set to exceed a whopping USD 778 billion in 2014, according to a new report.
Dec 05, 2014, 11:13 AM IST
Direct banks to extend credit for paying penalties: Assocham
In a recent communication addressed to RBI Governor Raghuram Rajan, it has also said credit was also required for payment of upfront bid amounts for participation in the coal block bidding.
Nov 28, 2014, 20:19 PM IST
Credit growth slows to 12.6% in July; corp demand falls to 10%
Increase in non-food credit was a tad lower than the 13 percent growth in the previous two months, according to the Reserve Bank data.
Aug 31, 2014, 13:00 PM IST
NBFCs' bad loans jump to 1.9% in FY14; advances growth down 57%
Going by the 90-day due rule, which qualifies an asset as bad for commercial banks, delinquencies increased to 4.5 percent as of March 2014 as against 3.6 percent in the year-ago period, it said.
Jul 16, 2014, 18:16 PM IST
PSU banks' asset quality woes likely to continue: Fitch
Gross NPA level of commercial banks stood at 3.9 per cent as of March-end as compared with 4.2 per cent till September 2013.
Jun 16, 2014, 14:17 PM IST
