State Bank of India (SBI) on Saturday reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year. Photograph: Sudipta Banerjee/ANI Photo......
The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership. A fascinating excerpt from Gokul Rathi's......
Implementation of 100-year valuation norm pushed to April 2023. The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuing perpetual bonds. The norms, which had......
Move to increase 90-day window to 120 days to give more time to borrowers to service loans. Illustration: Dominic Xavier/Rediff.com The Centre is in talks with the Reserve Bank of India (RBI) and......
While the banks have cleaned up books and the space has seen consolidation after the merger exercise, the impact of big-ticket frauds of the past and the bad-loan burden remain an issue.......