RBI's working paper 'Bank Capital and Monetary Policy Transmission in India' said banks often face many structural and frictional issues which dampen the transmission of monetary policy

Sandalwood drug case: Maharashtra Congress general secretary said that the investigating agencies could be deliberately shielding Sandip Ssing as well as actor Vivek Oberoi. Both Oberoi and Ssingh had together produced a biopic on PM Modi

Remaining four public sector banks of Bank of Maharashtra, UCO Bank, Punjab & Sind Bank and Central Bank of India are trading near the face value of Rs 10 per share

China's five largest state-owned banks reported their biggest profit falls in at least a decade and an increase in soured loans when announcing their half-year results on Sunday and last week

Coronavirus cases in India live updates: As per Health Ministry data, 123 patients have cured and discharged, whereas 1 patient migrated

As per the BBB's recruitment notice, candidates can apply for the vacancies at PNB and BOI till September 16

Central Bank will raise fund via follow-on public offer (FPO), rights issue or private placement including qualified institutions placements (QIP), subjected to shareholders approval in the ensuing annual general meeting to be held on June 28

The RBI Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).

In the case of Oriental Bank of Commerce, the net NPA has come down to less than 6 per cent as the government has infused sufficient capital, RBI said.

Recently, RBI has deferred the implementation of the last tranche of 0.625 per cent of CCB from March 31, 2019, to March 31, 2020.

Urjit Patel became first since post economic liberalisation in 1991 to resign as the RBI governor. In independent India, the first governor to resign was Benegal Rama Rau in 1955 during the tenure of the Jawaharlal Nehru government.