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Business  /  Published 03.01.23

SBI, ICICI, HDFC Bank too big to fail

RBI says SBI, ICICI and HDFC continue to be identified as domestic systemically important banks...
By PTI in Mumbai

India  /  Published 02.01.23

Centre empowered to demonetise: SC

Top court says an interpretation which, in effect, nullifies the purpose for which a power is to be exercised would be opposed to the principle of purposive interpretation...
By PTI in New Delhi

India  /  Published 02.01.23

SC upholds notes ban, 'no flaw' in decision-making

Justice B V Nagarathna dissented from the 4-1 majority judgement and said scrapping of notes had to be done through a legislation and not through a notification...
By PTI

India  /  Published 02.01.23

SC verdict on demo today

A five-judge Constitution bench headed by Justice S A Nazeer, who will retire on Jan 4, is likely to pronounce its verdict on the matter, when the top court will reopen after its winter break...
By PTI in New Delhi

Business  /  Published 30.12.22

Umbrella entity for urban co-op banks

National Urban Co-operative Finance and Development Corporation is expecting a licence from RBI by March that will enable it to raise Rs 200 crore...
By Pinak Ghosh in Calcutta

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Business  /  Published 30.12.22

Bank NPAs show decline

On inflation, Financial Stability Report says it has moderated after remaining above upper tolerance level since January...
By Our Special Correspondent in Mumbai

Business  /  Published 30.12.22

CAD tops $36bn; hits 4.4% of GDP

Current account deficit for July-September was much above estimates of around $35 billion...
By Our Special Correspondent in Mumbai

Business  /  Published 21.12.22

Indicators are in 'green box': RBI chief

Impact of external demand will 'dent' the economy, says the RBI governor...
By PTI in Mumbai

Business  /  Published 21.12.22

Credit-deposit growth gap to hit bank margins

Report from Kotak Securities says decline in forex assets, coupled with higher credit demand has led to skewed credit-deposit ratios...
By Our Special Correspondent in Mumbai

Business  /  Published 21.12.22

Pent-up demand fuels price spurt

Central bank says long-missing capex cycle is now picking up...
By Our Special Correspondent in Mumbai


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