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Large co-op banks may come under Banking Act

The new framework will affect 1,551 UCBs in the country, which had a total business of Rs 7.36 trillion. Illustration: Uttam Ghosh/Rediff.com Large urban co-operative banks (UCBs) may come to be......

Concern over MF industry's debt exposure getting worse

Mutual fund houses hold Rs 3,400 crore of Yes Bank's 'riskier' bonds. Reliance MF, Franklin Templeton MF and UTI MF account for bulk of these exposures. Illustration: Uttam Ghosh/Rediff.com The......

'Great risk to nations from undermining independence of central bank'

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral V Acharya.......

We need a Sudarshan Chakra for PSB revival

'Every few days, I wake up with a sense of restlessness that time is running out'...'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public......

IT, FMCG shares drag Nifty below 7,800

Markets closed the session on a weak note weighed down by software technology shares on the back of sharp increase in US visa fees. Further, traders have also turned cautious in a truncated......

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Basel Iii Compliant

News for Basel Iii Compliant

Large co-op banks may come under Banking Act

Concern over MF industry's debt exposure getting worse

'Great risk to nations from undermining independence of central bank'

We need a Sudarshan Chakra for PSB revival

IT, FMCG shares drag Nifty below 7,800

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