Prime Minister Narendra Modi will meet economists on Friday to seek their inputs for the upcoming Union Budget 2021 for boosting economic growth

The six large PSBs have just seen consolidation. While the integration of IT infrastructure, people and branches will be a big headache, the market will be looking at synergies and gains

The RBI paper, authored by Harendra Kumar Behera and Michael Debabrata Patra, finds that there is a steady decline in trend inflation to 4.1- 4.3 per cent since 2014

Despite the pandemic, the lockdown and the consequent damage done to the economy, there are quick signs of recovery, Financial Services Secretary Debasish Panda said

After using technology to transform Indian banking and steering Infosys past its biggest crisis, K.V. Kamath, former Chairman, ICICI Bank, helped multilateral lender New Development Bank scale up massively during his five-year stint

Bad banks as a concept works efficiently when the domestic debt market is deep and the number of market participants is wide enough to allow sufficient price-discovery and market-making

The posts for which vacancies are available include those of fire engineers, deputy managers, assistant managers, managers, marketing managers, security analysts, IT security experts among others

RBI Governor Shaktikanta Das has been advising banks to proactively raise capital and not wait for a difficult situation to arise due to the ongoing COVID-19 crisis

The stock that crashed to a low of Rs 8.40 in April this year has now gained a whopping 285 per cent in just nine months to touch Rs 32 per share

The CPI inflation continues to remain above 6 per cent throughout this year -- except in March -- higher than the Reserve Bank of India's comfort zone of 4-6 per cent

Following the financial performance review after the first half, sources said, it was found that Punjab & Sind Bank, out of the 12 PSBs, was in need of Rs 5,500 crore to meet the regulatory requirement

More than 70 world leaders were due to address the one-day virtual gathering aimed at building momentum for much steeper cuts in planet-warming emissions on the fifth anniversary of the 2015 Paris climate accord

R Subramanian, RS Ratho and Rohit Jain have been appointed as executive directors of RBI

NPCI COO Praveena Rai said that pace of digitisation has also increased due to the regulatory framework and policies of the government and RBI

\"We need larger institutions for sure,\" said Kamath. \"As a first step, the aspiration is to get to $5 trillion, but if you look at $10 trillion in the next 10 years, there is a step change that is required\"

Sensex rose 212 points to 45,291 against previous close of 45,079. Nifty gained 64 points to 13,322 against previous close of 13,258

Sensex, Nifty updates on December 7:   During the session, Sensex gained 339 points to 45,418 and Nifty rose 96 points to 13,354.

NITI Aayog Vice Chairman Rajiv Kumar said issue of asset monetisation is being discussed at highest level and that Centre will make sure the target is reached; also talked about more reforms in banking sector

Earlier in the day, RBI Governor Shaktikanta Das said the inflation trajectory has not panned as per the central bank's expectations and upped its target for the price rise situation in the next one year

The RBI continues to be in wait and watch mode as there is very limited scope on what monetary policy can achieve given GDP in contraction mode and inflation risk on upside, says economists at State Bank of India