Banking Finance News

RBI to tweak affordable housing policy regularly: R Gandhi

The Reserve Bank of India will periodically tweak its policies for affordable housing and real-estat...

India no longer a problem economy: Raghuram RajanRBI allows United Bank to lend up to Rs 200 cr to AAA-rated corporate borrower
Sell assets, take the QIP route to salvage finances, lenders tell Lanco Infratech
A 27-bank consortium, led by IDBI bank, has asked loss-making Lanco Infratech to sell more assets or...

No communique from RBI on appointment of COO yet: GS Sandhu

Last month, RBI said it will group departments into five functional clusters and look at creating ...

Govt orders forensic audits at OBC, Dena Bank over Rs 436-cr FD scam

Banking secy plays down reports of widespread misappropriation of funds in PSBs

Misappropriation: FinMin orders forensic audits at OBC, Dena Bank

The finance ministry has ordered forensic audits at Oriental Bank of Commerce (OBC) and Dena Bank.

RBI Deputy Governor R Gandhi asks bankers to be innovative on home loans

There is a need with respect to financial innovation, with respect to loan products: R Gandhi
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Rupee to dollar: Indian currency can appreciate towards 60.35/40 levels
Indian rupee opened weak at 60.83 and then made a low of 60.88 as firm dollar
Govt orders forensic audit on Oriental Bank of Commerce, Dena Bank for Rs 436 cr scam
The government has initiated a forensic audit at the state-run Oriental Bank of Commerce and Dena Ba...
Rupee to dollar: Indian currency weakens on debt related inflows
Indian rupee at 60.54/55 versus Tuesday's close of 60.6750/6850 against US dollar.
Indian rupee down by 15 paise against US dollar in early trade
The Indian rupee fell by 15 paise to 60.82 against the US currency in early trade..
Rupee gains slightly on bunched-up $ inflows
The rupee strengthened slightly on Tuesday on bunched up dollar inflows after a four-day weekend and...
Banks nudge customers to take e-way
With RBI restricting number of free transactions at ATMs, mobile & internet banking to gain traction
Rupee to dollar: Receding geo political tension aid bullish sentiment
Indian rupee opened stable at 60.77 and then made a high of 60.6550...
Indian rupee strengthens to nearly 3-week high against US dollar
Extending its winning run to the second straight session, the rupee today...
ICICI Bank does a first, launches EMI on debit cards scheme
ICICI Bank becomes first in country to offer EMI facility for debit cardholders
Saradha group chit fund scam: Sudipta Sen sent to judicial custody
Police did not seek his further remand for Sudipta Sen, the chairman of the Saradha Group.
Rupee to dollar: Indian currency marginally weaker; seen rangebound
Indian rupee trading at 60.72/73 against US dollar versus its Thursday's close of 60.76/77.
Indian rupee trims initial gains against dollar, still up by 2 paise
Rupee resumed slightly lower by 60.77 as against the last closing level of 60.76.
Cobrapost sting: NABARD chief gives clean chit to co-operative banks
RBI has maintained that no transaction has happened while the sting also does not point to money lau...
PSU banks top appointments may be delayed; changes likely
Govt will tighten the selection process of chairmen and managing director positions in PSU banks.
RBI or SEBI should create awareness against ponzi schemes: SBI
RBI...or SEBI should begin a major campaign in line with Jago Grahak Jago, says Pratip Chaudhuri.
Raghuram Rajanís call for coordinated global monetary policy is a distant dream
Raghuram Rajan has been constantly urging major central banks, particularly the US Federal Reserve.....
State Bank of India suggests RBI as single regulator for all home loans
A single regulator having same rules for all players would help remove regulatory arbitrage: SBI
How transactions at ATMs become expensive: Explained
Come Nov 1, frequent usage of ATMs will become expensive, with RBI imposing limit of transactions.
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