Tag: bank
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IDFC First Bank targets gross NPA of 2%
The IDFC First Bank is targeting to bring its gross NPA level down to 2 per cent and net NPA level to 1 per...
SEBI bars Kotak Mahindra AMC from launching new FMP schemes for 6 months
The SEBI has barred Kotak Mahindra Asset Management Company from launching any new fixed maturity plan (FMP) for the next six months for not...
RBI appoints Ajay Kumar as new executive director
The Reserve Bank of India (RBI) has appointed Ajay Kumar as Executive Director (ED).
An RBI statement on Thursday said that the appointment came into...
RBI announces Open Market Purchase under G-sec Acquisition Programme 2.0
The Reserve Bank will conduct open market purchase of government securities of Rs 25,000 crore on August 26, under the G-sec Acquisition Programme (G-SAP...
RBI fines 2 Maha co-op banks for non-compliance of norms
The Reserve Bank of India (RBI) has imposed monetary penalties on the Greater Bombay Co-operative Bank Ltd and the Jalna People's Co-operative Bank Ltd...
Medvedev advances; Nadal pulls out due to foot injury
Top seed, Russian's Daniil Medvedev made a winning return at the National Bank Open -- an ATP Masters 1000 tournament --, even as second...
Sensex up 200 points, banking stocks rise
The key Indian equity indices traded on a positive note on Tuesday morning with the BSE Sensex rising over 200 points.
Healthy buying was witnessed...
Growth Chasing: RBI retains rates, accommodative stance
To continue with its growth supporting stance, the Reserve Bank of India retained its key short-term lending rates during the third monetary policy review...
RBI allows card networks, wallets to access RTGS, NEFT
The Reserve Bank of India (RBI) has decided to allow payment system providers, prepaid card issuers, card networks and white label ATM operators access...
Several factors still hinder monetary transmission to bank rates: RBI
Although transmission of deposit and lending rates has significantly improved in recent times, several factors continue to obstruct effective monetary transmission to these bank...