Thursday, January 23, 2020
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EXPLAINER | Contagion risk to the Indian financial system and what...

Earlier this week, S&P Global Ratings pronounced that the Indian financial sector is facing rising risk of contagion. The rater said that the failure...

Limit of deposit insurance is too low and needs to be...

It's much easier to define financial or banking instability than stability. A strong pointer of banking instability is whether deposit insurance is becoming part...

PMC Bank crisis: Your money is safe, RBI assures depositors

The Reserve Bank of India (RBI) has assured depositors of crisis-hit Punjab and Maharashtra Co-operative (PMC) Bank that their money is safe.According to a...

Another PMC bank depositor dies; kin say its natural death

A senior citizen holding account in crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank died on October 19 in suburban Mulund, the fifth such case...

Forex kitty nears $440 bn; touches fresh-life high

The forex reserves had increased by a higher $4.24 billion to a new high of $437.83 billion in the previous reporting week. ...

Markets are fearlessly giving Modi the bad news about economy

'If you ask India's finest business leaders, they now tell you -- in whispers, of course -- that the mood has never been so...

Lower rates are being passed on once cost of funds declines:...

Kotak Mahindra Bank needs no formal introduction. This Sensex company has a presence across all areas of lending. In a conversation with Hiral Thanawala,...

Despite inflation rise, analysts see RBI cutting rates in December

The Reserve Bank will continue to be accommodative and deliver one more rate cut in the December policy review despite the "surprising" spike in...

RBI governor Shaktikanta Das to meet public sector bankers today

Reserve Bank governor Shaktikanta Das will meet the heads of the state-run banks today, officials said.The meeting comes a day after the bankers met...

RBI imposes Rs 1 cr fine on LVB, Rs 75 lakh...

The Reserve Bank has imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank and...