The finance ministry may assess the capital requirement of public sector banks after the September quarter as there would be greater clarity about a spike in bad loans by that time, sources said. ...

Mamata Banerjee wrote to Rajiv Kumar, the vice-chairman of Niti Aayog, urging him to prepare a master-plan for the Sundarbans as the delta with 50 lakh population was facing multiple challenges, inclu...

The Reserve Bank of India (RBI) on Monday said it would perform another round of simultaneous sale and purchase of government bonds — called Operation Twist — on July 2 as it looks to tamp...

The impact of the coronavirus on the economy is best captured in the faces and figures of the penniless and exhausted stragglers walking hundreds of miles to reach their homes. Ratan Khasnabis, profes...

The RBI’s move to impose a cap of 10 years on the tenure of promoter CEOs of banks will immediately affect Uday Kotak, who has been heading Kotak Mahindra Bank for the past 17 years, even though his...

The Reserve Bank on Friday proposed to review the guidelines on ownership, governance and corporate structure of private sector banks in the backdrop of key developments in the space in the recent yea...

The RBI has cautioned that India’s non-banking finance companies (NBFCs) are not out of the woods yet as some of them could face elevated liquidity pressures and difficulties in meeting their fundin...

A discussion paper of the RBI on Thursday proposed that the maximum tenure of a promoter of a bank as a wholetime director or CEO in that lender should be 10 years. RBI said to build a robust culture ...

A clutch of banks, public and private, announced cuts in their marginal cost of funds-based lending rate (MCLR) on Wednesday, which will lower EMIs on eligible home loan accounts linked to MCLR.HDFC B...

State Bank of India (SBI) has reduced its marginal cost of funds based lending rate (MCLR) and external benchmark rate (EBR) by 25 basis points and 40 basis points, respectively, benefiting both its e...