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BusinessToday.In
New Delhi, August 30, 2018
The RBI said its balance sheet size increased by 9.49 per cent for the year ended June 30, 2018, which helped shape the monetary and financial conditions during the year.


BusinessToday.In
August 30, 2018
Reacting to the uncertainty, the YES Bank stock closed 1.12% lower to 361.90 level on BSE today. The stock has been losing for the last three days and lost 5.78% during the same period. It touched an intra day low of 358.20 in trade today.


BusinessToday.in
New Delhi, August 30, 2018
Rupee hits record low of 70.82, falls 23 paise against US dollarThe rupee on Thursday extended losses for the fourth consecutive session and plunged to an all-time intra day low against the US dollar on strong month-end dollar demand from oil importers and foreign fund outflows. The currency fell 23 paise to hit a new record low of 70.82 per dollar. The slide was triggered by factors such as crude prices hitting multi-month highs fuelled by supply shocks along with concerns over ...


BusinessToday.In
August 30, 2018
RBI has put the spotlight back on the shortfalls of the Marginal Cost of Funds Based Lending Rate (MCLR) system.


PTI
New Delhi, August 29, 2018
The report says there has been a \"noticeable increase\" in counterfeit notes detected in the denomination of new Rs 500 (up by 4,178 per cent) and Rs 2,000 (by 2,710 per cent) notes.


PTI
New Delhi, August 29, 2018
Chidambaram says every rupee of the Rs 15.42 lakh crore, barring a small sum of Rs 13,000 crore, has come back to the RBI.


BusinessToday.In
New Delhi, August 29, 2018
Because of demonetisation, of the total fake notes detected, the share of such notes detected at the RBI was higher at 36.1 per cent in 2017-18 as compared to 4.3 per cent during the previous year.


BusinessToday.In
August 29, 2018
The Reserve Bank of India has said that Rs 15.31 lakh crore out of the total Rs 15.41 lakh crore of demonetised currency notes have returned to the banking system.


BusinessToday.In
August 28, 2018
If the bank issues about $17 billion of new stock to back an acquisition, that would effectively dilute the Uday Kotak's holding below the RBI's 20 per cent target.


BusinessToday.in
New Delhi, August 28, 2018
Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...


Meetu Jain
August 28, 2018
The committee has questioned RBI for failing to take preemptive action in checking bad loans in the banking system, prior to the Asset Quality Review (AQR) undertaken in December 2015.


BusinessToday.In
New Delhi, August 27, 2018
As per the RBI's February-12 circular, the over 70 defaulting companies had been given six months starting from March, following which financial creditors were supposed to move the NCLT against them.


PTI
New Delhi, August 27, 2018
Prachi Mishra, a Delhi School of Economics alumnus, pursued her PhD and MPhil in Economics from Columbia University.


BusinessToday.In
August 27, 2018
The Reserve Bank of India had allowed bank subsidiaries to provide commodity broking services in September last year, as the Securities and Exchange Board of India, the capital market regulator, tries to deepen the market.


PTI
August 26, 2018
The government has introduced a single application form for foreign investors to enter into the domestic capital market as part of the exercise to improve ease of doing business.


PTI
August 26, 2018
The RBI circular asks banks to identify projects with even a day's default as stressed assets, and conclude resolution proceedings in 180 days. The circular came into effect on March 1 and the 180-day deadline concludes on August 27.


BusinessToday.In
August 24, 2018
The SBI advisory to its customers asking them to replace their cards is in line with the RBI directive that all magstripe cards will have to be exchanged with EMV chip cards by the end of this year.


PTI
New Delhi, August 24, 2018
There are about 34 stressed power projects and the combined value of their outstanding loans is about Rs 1.74 lakh crore.


PTI
August 23, 2018
The Indian economy is expected to grow by around 7.5 per cent in 2018 and 2019 as it is largely resilient to external pressures like those from higher oil prices, Moody's Investors Service said today.


PTI
August 23, 2018
ICICI Bank Chairman GC Chaturvedi said today that the decision on continuance of managing director and CEO Chanda Kochhar will be taken after the Justice B N Srikrishna panel report is finalised, which is likely in two-and-a-half months.


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