Vinod Rai appointed first Chairman of Banks Board Bureau
New Delhi: Former CAG Vinod Rai was today appointed first Chairman of the Banks Board Bureau, which will advise the government on ...
At Rs 4 lakh cr, bad loans exceed market value of PSU banks
New Delhi: For every Rs 100 parked in shares of public sector banks, investors carry the burden of Rs 150 as bad loans, which have ...
SC asks RBI to give list of top defaulters
New Delhi: The Supreme Court today directed the RBI to provide a list of companies which are defaulters of bank loans of over Rs 500 ...
3 YEARS, bank write-off Rs 1.14 lakh crore
Twenty-nine state-owned banks wrote off a total of Rs 1.14 lakh crore of bad debts between financial years 2013 and 2015, much more ...
RBI Keeps Rates on Hold
MUMBAI: The Reserve Bank of India (RBI) kept its policy rate on hold at 6.75 percent on Tuesday, as widely expected, opting to wait ...
Bank of Japan introduces negative interest rates
The Bank of Japan today introduced negative interest rate regime at its first policy review for the year.
The Japanese central bank ...