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Bank of Baroda, Bank of India and Canara Bank get new MD & CEOs

Mumbai, Jan. 20 -- The government on Monday appointed heads of three large public sector banks - Bank of Baroda, Bank of India and Canara bank for a period of three years. The Appointments Committee ... Read More


RBI purchases and sells bonds valued at '10,000 cr each in Operation Twist-III

MUMBAI, Jan. 10 -- In the third open market operation (OMO) in as many weeks, the Reserve Bank of India (RBI) on Monday, 7 January, bought '10,000 crore of three long-term securities while selling a s... Read More


Hopes of rate cut recede as Das flags high inflation risks

MUMBAI, Jan. 10 -- Reserve Bank of India governor Shaktikanta Das on Tuesday, 7 January, said persistently high inflation hurts an economy's allocative efficiency and impedes growth, dampening hopes o... Read More


Yes Bank's audit committee chairman resigns citing governance concerns

Mumbai, Jan. 10 -- Yes Bank's audit committee chairman Uttam Prakash Agarwal on Friday resigned as independent director, citing concerns regarding the deteriorating standard of corporate governance at... Read More


Hopes of a rate cut recede as Das flags high inflation risks

Mumbai, Jan. 8 -- Reserve Bank of India (RBI) governor Shaktikanta Das Tuesday said persistently high inflation hurts an economy's allocative efficiency and impedes growth, dampening hopes of any imme... Read More


Hopes of a rate cut recede as Shaktikanta Das flags high inflation risks

Mumbai, Jan. 7 -- Reserve Bank of India governor Shaktikanta Das Tuesday said persistently high inflation hurts an economy's allocative efficiency and impedes growth, dampening hopes of any immediate ... Read More


RBI gives in-principle nod to Shivalik Mercantile to convert to SFB

New Delhi, Jan. 6 -- The Reserve Bank of India (RBI) on Monday granted in-principle approval to Uttar Pradesh-based Shivalik Mercantile Co-operative Bank Ltd to convert to a small finance bank (SFB), ... Read More


Shivalik Mercantile Coop gets RBI's in-principle nod for small finance bank

New Delhi, Jan. 6 -- Reserve Bank of India on Monday granted in-principle approval to Uttar Pradesh-based Shivalik Mercantile Cooperative Bank Ltd to convert into a small finance bank, becoming the fi... Read More


RBI announces third round of Operation Twist

mumbai, Jan. 4 -- The Reserve Bank of India (RBI) on Thursday announced its third round of simultaneous purchase and sale of government securities under the special open market operation (OMO). Typic... Read More


RBI announces third round of Operation Twist

Mumbai, Jan. 3 -- The Reserve Bank of India (RBI) on Thursday announced its third round of simultaneous purchase and sale of government securities under the special open market operation (OMO). Typic... Read More