December 18, 2018 12:47 PM IST
Loan disbursements took a hit due to the IL&FS crisis, but borrowers rejoice as loan rates get transparent in 2018.
December 18, 2018 11:53 AM IST
The EMV cards, which have a chip embedded in them are considered more secure and less prone to card skimming at ATM machines
December 14, 2018 09:11 PM IST
Swadeshi Jagran Manch describes itself as a political and cultural organization. Its interest in the central bank's functioning may be more than just circumstantial.
December 14, 2018 08:26 PM IST
Gaurav Choudhury, Deputy Executive Editor, Moneycontrol shares his insights on the RBI's directive to banks regarding lending rates for retail loans.
December 14, 2018 04:33 PM IST
The RBI board did not discuss issues pertaining to the Prompt Corrective Action framework or the surplus reserves of the central bank
December 13, 2018 04:02 PM IST
The search and selection committee will now have a deeper look at the profiles of shortlisted candidates and interact with them
December 10, 2018 03:37 PM IST
Top Indian companies have been reluctant to announce new projects over the past few years due to low capacity utilisation
December 10, 2018 09:16 AM IST
The central bank is waiting for amendments to be made to the Prevention of Money Laundering Act before modifying its know-your-customer (KYC) guidelines
December 09, 2018 12:15 PM IST
The last date for evincing interest in these accounts is December 10, Punjab National Bank said.
December 08, 2018 04:48 PM IST
Amitabh Chaudhry, 54 years, will take over from Shikha Sharma as MD and CEO of Axis Bank after her term ends on December 31, 2018.
December 07, 2018 01:00 PM IST
We are expecting that the NPA numbers will continue to decline in absolute terms', PS Jayakumar, CEO of Bank of Baroda.
December 01, 2018 02:52 PM IST
The strike will be organised by the United Forum of Bank Unions (UFBU), an umbrella body of nine employee and officer unions.
November 30, 2018 08:30 PM IST
Gaurav Choudhury, Deputy Executive Editor, Moneycontrol gives his insights into how giving bankers a direct line to the Home Ministry could help prevent white collar criminals from fleeing the country.
November 30, 2018 05:46 PM IST
Banks need to find ways to cut through vast stores of data and figure out actionable information that will keep their customers.
November 30, 2018 03:20 PM IST
These services include issuance of cheque books, additional credit cards, usage of ATMs and refund of fuel surcharge
November 29, 2018 09:11 PM IST
He pointed out it takes both financial and non-financial information as a combination to report to shareholders to address their concerns.
November 26, 2018 04:16 PM IST
The authorities are of the opinion that free services provided by banks to customers are leading to a fall in the government's revenue
November 26, 2018 11:02 AM IST
Restricted lending reduced the overall loans of these banks over the past six years, but they are fighting tooth and nail for market share in retail lending
November 25, 2018 11:30 AM IST
The bank has invited expressions of interest (EoIs) from ARCs for the sale of its non-performing assets (NPAs) by November 30, according to the tender document
November 25, 2018 10:35 AM IST
Last week, the RBI in its central board meeting decided the issue of banks under Prompt Corrective Action (PCA) will be examined by Board for Financial Supervision (BFS) of the central bank
November 21, 2018 03:05 PM IST
“What is invoked is already being exercised. So I don’t know whether something dramatically different will come," said Shyam Srinivasan, Federal Bank's CEO.
November 20, 2018 11:53 AM IST
According to Rao, the bank's return on assets will break even by June 2019.
November 18, 2018 04:40 PM IST
The officers have also been provided special kits to help their banks extend more credit to MSMEs, while they have also been trained on behaviourial issues to deal with such borrowers with utmost care, they added.
November 18, 2018 02:50 PM IST
The Supreme Court order on September 26 said it was not mandatory to link the 12-digit unique identification number Aadhaar for opening or availing banking services, among others.
November 18, 2018 02:33 PM IST
In the same period last year, RBI was a net purchaser of the greenback, as it had bought $16.301 billion
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