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Bank fraud touches unprecedented Rs 71,500 crore in 2018-19: RBI

As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal. Illustration: Dominic......

Urjit's 'no' foxes markets, divides bankers

RBI said the outlook for economic growth for 2016-17 has turned uncertain after the unexpected loss of momentum by 50 basis points in Q2 and the effects of the withdrawal of banned notes. Anup......

Rate cut could have improved market sentiment: SBI

With enough liquidity in the system, lending and deposit rates are likely to fall further While appreciating the Reserve Bank's move to withdraw the incremental 100 per cent cash reserve ratio......

$17bn of FCNR deposits redeemed in Nov, but here's why we didn't know

The huge pressure on the currency market largely went unnoticed because of the demonetisation exercise. November saw redemptions of more than $17 billion of the foreign currency non-resident......

Raghuram Rajan's 'surgery' uncovers more bad loans

Reserve Bank of India's asset quality review of large lenders shows under-reporting. Reserve Bank of India (RBI) Governor Raghuram Rajan’s insistence on a “deep surgery” to help......

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Melwyn Rego

News for Melwyn Rego

Bank fraud touches unprecedented Rs 71,500 crore in 2018-19: RBI

Urjit's 'no' foxes markets, divides bankers

Rate cut could have improved market sentiment: SBI

$17bn of FCNR deposits redeemed in Nov, but here's why we didn't know

Raghuram Rajan's 'surgery' uncovers more bad loans

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