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BusinessToday.In
December 22, 2018
The ministry also clarified that no minimum monthly average balance requirement has been imposed on accounts opened under the Jan Dhan Yojana and Basic Savings Bank Deposit Accounts.


Reuters
New Delhi, December 20, 2018
Financial Services Secretary Rajeev Kumar says the government would give funds to four to five banks under a prompt corrective action plan after considering their financial results.


PTI
December 20, 2018



PTI
December 20, 2018
It would enhance the total recapitalisation in the current fiscal from Rs 65,000 crore to Rs 1.06 lakh crore.


PTI
December 20, 2018



PTI
December 20, 2018



PTI
December 19, 2018



BusinessToday.In
New Delhi, December 19, 2018
In a written reply to a question in the Rajya Sabha, Shiv Pratap Shukla, Minister of State for Finance, said the Centre has initiated the formulation of several laws to secure prudential banking and instil a culture of credit discipline.


BusinessToday.In
New Delhi, December 19, 2018
As per the government, the bank recapitalisation has improved India's global rank in getting credit from 44 in 2016 to 22 in 2018.


BusinessToday.In
December 19, 2018
The bank unions have called for a strike to protest against the merger of Bank of Baroda (BoB), Dena Bank, and Vijaya Bank. The merger of these three banks was approved by the government in September this year.


PTI
December 17, 2018



PTI
December 17, 2018



PTI
December 17, 2018



BusinessToday.In
December 17, 2018
Public sector banks like SBI, Bank of Baroda, Canara Bank and Syndicate Bank are reportedly in the process of recruiting as many as one lakh people in this financial year


PTI
December 14, 2018



PTI
December 14, 2018



PTI
December 14, 2018



PTI
December 14, 2018



BusinessToday.In
December 14, 2018
Former RBI Governor Raghuram Rajan released a report titled 'An Economic Strategy for India', a five-year agenda for the country authored by 13 senior economists


Prosenjit Datta
New Delhi, December 13, 2018
The problems with SMEs, troubled power companies, and NBFCs have hardly been created by the RBI. And while the government would love to believe that a more reasonable (or pliable) central bank will solve all the problems, this is not going to happen.


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