FSDC to assess current economic situation tomorrow

New Delhi, Aug 21 The Financial Stability and Development Council (FSDC), headed by Finance Minister Arun Jaitley, will meet tomorrow to take stock of the prevailing economic situation.Fiscal...

Aug 21, 2017 5:11 PM | Newsscroll

HIGHLIGHTS WESTERN REGION AT 1700 HRS

Mumbai, Aug 19 Following are the top stories from the western region at 1700 hrs.BOM 1 MP-SHAHBhopal: BJP president Amit Shah says his party has not come to power for mere 5 or 10 years, but at...

Aug 19, 2017 5:42 PM | Newsscroll

NPA fight: RBI promises new package to shore up banks' capital

Mumbai, Aug 19 The Reserve Bank and the government will come up with a recapitalisation package for state-run banks, which have been hit by higher provisioning for mounting bad loans, RBI Governor...

Aug 19, 2017 5:30 PM | Newsscroll

HIGHLIGHTS WESTERN REGION AT 1700 HRS

Mumbai, Aug 19 Following are the top stories from the western region at 1700 hrs.BOM 1 MP-SHAHBhopal: BJP president Amit Shah says his party has not come to power for mere 5 or 10 years, but at...

Aug 19, 2017 5:12 PM | Newsscroll

RBI Governor urges time-bound resolution of stressed assets

New Delhi [India], Aug 19 : Reserve Bank of India (RBI) Governor Urjit Patel on Saturday noted that given the current position of public sector banks, time-bound resolution of stressed assets...

Aug 18, 2017 5:12 PM | Newsscroll

NPA resolution: RBI chief calls for recapitalisation of banks

Mumbai, Aug 19 Reserve Bank Governor Urjit Patel today called for recapitalisation of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad loans at 9.6 per cent of the...

Aug 19, 2017 1:11 PM | Newsscroll

NPA resolution: RBI chief calls for recapitalisation of banks

Mumbai, Aug 19 Reserve Bank Governor Urjit Patel today called for recapitalisation of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad loans at 9.6 per cent of the...

Aug 19, 2017 12:58 PM | Newsscroll

RBI introduces new Rs. 50 notes in Mahatma Gandhi series

New Delhi [India], Aug 18 : The Reserve Bank of India (RBI) on Friday announced circulation of new currency denomination of Rs. 50 banknotes in the Mahatma Gandhi (New) Series. Bearing...

Aug 17, 2017 8:30 PM | Newsscroll

`After pause in Oct, RBI may deliver final rate cut in Dec'

Mumbai, Aug 18 The Reserve Bank will pause at the next policy review and go in for a final 0.25 per cent rate cut in the December review on comfortable inflation, a foreign brokerage said today."We...

Aug 18, 2017 4:53 PM | Newsscroll

`After pause in Oct, RBI may deliver final rate cut in Dec'

Mumbai, Aug 18 The Reserve Bank will pause at the next policy review and go in for a final 0.25 per cent rate cut in the December review on comfortable inflation, a foreign brokerage said today."We...

Aug 18, 2017 4:46 PM | Newsscroll