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PTI
September 6, 2018
Finance Minister Arun Jaitley Wednesday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions.


BusinessToday.In
September 5, 2018
Banks are yet to pay heed, and hence the regulator has reportedly issued show-cause letters to several banks.


BusinessToday.In
September 5, 2018
Cash worth Rs 42,200 crore was deposited in 3.74 crore Jan Dhan accounts between November 8, 2016 - when Prime Minister Narendra Modi made his surprise note ban announcement - and December 30, 2016.


Mudit Kapoor
New Delhi, September 5, 2018
Money is laundered through a web of companies located in different geographies, making it difficult to check such transactions. To fight this, the Reserve Bank of India (RBI) has introduced Legal Entity Identifier or LEI. Its key aim is to check and prevent banking frauds.


PTI
New Delhi, September 5, 2018
Nikkei India Services Business Activity Index fell from July's peak of 54.2 to 51.5 in August owing to weakest growth in new work in three months.


BusinessToday.In
September 4, 2018
The employees of the central bank are demanding an option for contributory provident fund retainers to switch over to pension scheme, and grant of additional provident fund to those recruited in the bank from 2012.


Dipak Mondal
New Delhi, September 3, 2018
The rating agency expects that further Rs 4.2 lakh crore worth of stressed loans would become sustainable by 2019


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


BusinessToday.In
September 3, 2018
The employees of Reserve Bank of India (RBI) will go on a two-day mass leave on September 4 and 5.


BusinessToday.In
September 3, 2018
Niti Aayog vice chairman Rajiv Kumar today said that it wasn't demonetisation but deleveraging of credit under former RBI governor Raghuram Rajan that led to economic slowdown.


Prosenjit Datta
New Delhi, September 3, 2018
SMEs hit hard, india still a cash economy.


BusinessToday.In
September 1, 2018
SBI's rate hike comes a month after the Reserve Bank of India raised benchmark lending rate called repo rate by 25 basis points to 6.5 per cent.


Prosenjit Datta
August 31, 2018
The problem is that two big objectives that the Prime Minister had touted in his late evening speech - about catching black money and weeding out fake notes - have been less than successful to say the least.


BusinessToday.In
New Delhi, August 31, 2018
The RTI also revealed the cost of printing the old Rs 500 and Rs 1,000 notes that were demonetised on November 8, 2016.


BusinessToday.In
August 31, 2018
The Sensex closed marginally lower in volatile trade today ahead of the release of April-June quarter GDP data scheduled later in the day. The 30-share Sensex closed 45 points, or 0.12 per cent lower to 38,645 level. It hit intra day high of 38,838 and intra day low of 38,562 level in trade today. It lost 206.53 points in the previous two sessions.The Nifty ended marginally higher by 3 points to 11,680 level. Tata Motors (2.87%), PowerGrid (2.37%) and Sun Pharma (1.99%) were the top S...


E Kumar Sharma
New Delhi, August 31, 2018
Being billed as the largest bond issued from a local authority, Amaravati Bond 2018, is meant to fund the building of the new state capital for Andhra Pradesh. The bond was listed on the Bombay Stock Exchange (BSE) on Monday.


BusinessToday.in
New Delhi, August 31, 2018
Rupee plunges to record low of 71 against US dollarThe Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, news agency PTI has reported.Rupee is worst performing currency in Asia on year-to-date basis. Rana Kapoor to remain Yes Bank CEO and MD till further notice from RBIPrivate sector lender Yes Bank today said it has received RBI's approval for the ...


BusinessToday.In
August 31, 2018
The stock fell 6.60% to intra day low of 338 today. At 12:10 pm, the stock was trading 5.50% or 20 points lower on the BSE.  It opened at a loss of 5.22% in trade today.  Its market capitalisation fell to Rs 78,984.09 crore on the BSE.


PTI
August 31, 2018
In June this year, Yes Bank's shareholders had approved the re-appointment of Rana Kapoor as the chief executive and managing director for three years, subject to final approval from the Reserve Bank of India.


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


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