Fund infusion would be for meeting regulatory capital requirements if need arises in October-December quarter. Second quarter result will give an idea as to which bank may require regulatory capital and accordingly recapitalisation bonds would be issued to them

Minister of State for Finance Anurag Thakur told Lok Sabha in a written reply last week that the printing of banknotes is done by the government in consultation with the RBI

India reopened the Taj Mahal after six months on Monday, with the first visitors trickling into the famous monument; E-healthcare platform Medtalks sees 10,000% growth in 6 months; Rajan, Acharya on Modi govt's reform of public sector banks. Watch this and more news on News Blast.

State Bank of India (SBI) has introduced a loan restructuring policy with an aim to provide further relief to home and retail borrowers amid ongoing coronavirus crisis

Minimum support price hiked for wheat, 5 other rabi crops amid Farm Bills RowGovernment has hiked minimum support prices (MSPs) for six rabi crops while intense protests by farmers continue across the country over the new farm laws. Farmers are apprehensive that the new laws will undermine the MSP system.15% of Rs 31.3 lakh crore corporate debt under stressClose to 15 per cent or corporate debt worth Rs 4.6 lakh crore is stressed, revealed a study by IIFL Securities. These estimates were a...

India Stock Market Highlights Today: Overseas, equities were trading mixed today as fears about the potential worsening of the coronavirus pandemic, as well as uncertainty on further U.S. fiscal stimulus spooked traders

Prime Minister Narendra Modi said as a founding signatory of the UN Charter, India was part of that noble vision, which reflected India's own philosophy of 'Vasudhaiva Kutumbakam', which sees all creation as a family

SBI bonds qualify as tier II capital of the bank, and has face value of Rs 10 lakh each, bearing coupon rate of 6.24 per cent per annum payable annually for a tenor of 10 years

The reform of public sector banks so far by Prime Minister Narendra Modi-led NDA government is a \"still-born effort,\" said former RBI governor Raghuram Rajan and former deputy governor Viral Acharya in a newly released research paper

Public sector banks might perform better if they are freed from court-mandated new entry-level hiring constraints that hiring can be done through open exams, which makes it hard for PSBs to attract candidates from elite educational institutions, who have little desire to sit for yet another exam

A new research paper by former RBI Governor Raghuram Rajan and former deputy Governor Viral Acharya talks about a range of issues including management of bad loans, winding up of the Financial Services Department in the Finance Ministry and reforms in public sector banks

Former Reserve Bank of India Governor Raghuram Rajan and former Deputy Governor Viral Acharya opine that the first step to deal with bad loans is an honest recognition of loan losses

Former Reserve Bank of India (RBI)governor Raghuram Rajan and former deputy governor Viral Acharya have together proposed winding down of Department of Financial Services in the Finance Ministry

With limited lending options and country's need for infrastructure, PSBs are increasingly choosing to lend huge amounts to large projects, especially in infrastructure, said Rajan and Acharya

YES Bank is planning to conduct a fresh forensic probe into a few of its top accounts that have either turned NPAs or declared fraudulent

Dalal Street today: Bajaj Auto, Nestle India, ICICI Bank, PowerGrid and Bharti Airtel were among the laggards. On the other hand, HCL Tech was the top gainer in the Sensex pack, followed by Infosys, Tech Mahindra, TCS, Kotak Bank, M&M and Asian Paints

Stocks to watch today on September 21: Route Mobile, RITES, DHFL, Future Enterprises, HCL Tech, Ajanta Pharma among others are the top stocks to watch out for in Monday's trading session.

BBB, the headhunter for state-run banks and financial institutions, interviewed 28 candidates over a period of two days for vacancies of executive directors

RBI Governor Shaktikanta Das at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak

Retail and telecom brands outperform most other categories and see their brand value increase in the list of Most Valuable Indian Brands