Record liquidity infusion by the central bank in the banking system during the financial year 2020-21 amid sluggish economic activity resulted in banks investing more in safe government papers than in extending loans, data from Reserve Bank of India (RBI) showed. This trend has not been seen in nearly two decades, barring 2016 - the year of demonetisation.

The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!

Since 2014, the public sector banks' branch network in rural and semi urban has grown by a mere 4,000 while for private sector banks, it doubled from 9,673 to 18,437.

The discount should be equal to interest rates on savings bank account deposit of State Bank of India.

the three investors that have submitted their final bids are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is that PMC may lose its cooperative bank characteristic after its reconstruction.

Central bank sees action as discriminatory, unfair

The bank's branch expansion and recruitment have been curtailed.

For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.

We need a change in mindset, says the RBI Governor.

Instructions were issued on holding loan camps in the last week of September.

Apart from 40 modules of Harvard, SBI has internally developed 500 e-modules for employees.

The finance ministry has put out a revised draft in public domain.

SBI's gross NPA figures have shown a decline for three consecutive quarters.

Scanty rain would have put extra pressure on food prices.

Media has gone beyond its traditional boundaries.

Urjit Patel panel wanted all members to be appointed by RBI

'The cost of funds has come down, which will lower lending rates'.

Bankers said the mammoth task of cleaning up the PSBs and improving their health will be a mammoth task for any chief executive.

Monetary transmission has been an issue for the Indian banking sector.

Banks seems to be upset over RBI's move over rate cut.