Banking

Finance Minister Nirmala Sitharaman (L) and RBI Governor Shaktikanta Das (R). (PTI)

RBI Governor says no reason to doubt govt will meet fiscal deficit targets

3 min read . 04:32 PM IST

Of the total bids received for its three-year long-term repo operation, RBI accepted ₹25,035 crore bids. (Pradeep Gaur/Mint )

RBI receives ₹1.94 trillion bids for repo operation

1 min read . 17 Feb 2020

Reserve Bank of India (RBI) Governor Shaktikanta Das. (PTI)

Govt must continue reforms; green shoots of recovery need to sustain: RBI Guv

1 min read . 17 Feb 2020

DHFL lenders to meet on 20 February to discuss EoIs

1 min read . 17 Feb 2020

The central bank has so far taken a leaf each from the Fed and the ECB’s books. Photo: Aniruddha Chowdhury/Mint

Bank of England has some lessons for RBI on how to revive growth

2 min read . 17 Feb 2020

Surge in issuance by banks is partly fueled by comparatively low interest rates, said analysts

14-year low borrowing costs, spike in bond sales: Why it's a good time for banks

1 min read . 17 Feb 2020

Total bank frauds reported in 2015-16 stood at ₹18,699 crore.

Bank frauds this fiscal have their roots in the past

2 min read . 17 Feb 2020

Bank of Baroda refused to release the payment in terms of unconditional guarantee on the ground that the money may not have been made available by Simplex to the bank.

Calcutta HC asks RBI to mull 'appropriate steps' against Bank of Baroda

2 min read . 16 Feb 2020

On transmission of rate cuts, Shaktikanta Das said it is steadily improving and should improve more in the coming months. (Photographer: Dhiraj Singh/Bloomberg)

RBI may soon decide to sync its accounting year with government's fiscal year

2 min read . 15 Feb 2020

According a market study by SBICAP Ventures, there are about 4.58 lakh stalled housing units and the aggregate funding required to complete the stalled projects is ₹55,000 crore. (Mint )

LIC Housing Finance refers 14 stuck projects for last-mile funding through AIF

2 min read . 14 Feb 2020

Richer nations may have larger fintech markets, but it may be more important in developing economies, suggests research.

What drives fintech adoption in countries

1 min read . 13 Feb 2020

The monetary authority also clarified that the interest on these repos will be compounded on an annual basis and will be conducted at the prevailing repo rate. (ANI)

Long-term reverse repos to have fixed interest rate: RBI

2 min read . 13 Feb 2020

Tight funding conditions are straining developers' ability to complete projects, and by extension their solvency, the report said. (Bloomberg)

RBI new asset recognition norms credit negative for banks: Moody's

1 min read . 13 Feb 2020

Moody's Investors Service on Wednesday expressed the possibility of ripple effect of the virus on global tourism

Prolonged coronavirus outbreak would hurt banking sector: Moody's

1 min read . 12 Feb 2020

President of India Ram Nath Kovind. (Photo: AP)

President Kovind urges banks to deepen financial inclusion

1 min read . 12 Feb 2020

The lower the cash reserve ratio requirement, the better it is for banks as they can lend that much more and earn interest. (Photo: Mint)

Lenders to seek clarity on calculation of cash reserve ratio exemption

2 min read . 11 Feb 2020

Photo: Aniruddha Chowdhury/Mint

RBI notifies extension of MSME debt recast window

1 min read . 11 Feb 2020

Punjab National Bank says no proposal for changing bank's name

1 min read . 11 Feb 2020

Lakshmi Vilas Bank

Tilden Park Cap seeks clarification from RBI on investment in Lakshmi Vilas Bank

2 min read . 11 Feb 2020

RBI has proposed a a new umbrella entity focussed on retail payment systems, (Photo: Pradeep Gaur/Mint) (MINT_PRINT)

RBI proposes draft rules to set up alternative retail payments system

1 min read . 11 Feb 2020