While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it's been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban.
'For the RBI, for a central bank, reputational risk is the worst risk.' 'Credibility is the worst risk,'
'RBI is taking all steps to complete the process expeditiously so as to release firm figures at an early date.'
A teaser loan is one where the lender offers a slightly lower rate in the initial years and then charges higher rates in later years.
The prime minister's sop is expected to give a massive boost to priority-sector housing loans, thereby pulling the entire housing loan portfolio of banks.
Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.
Demonetisation impact: Money lenders make a comeback.
Banks have reported that banknotes worth Rs 592,613 crore have been issued to the public.
'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'
There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.
Hawkish guidance by the US Fed raises concerns it could tie the hands of RBI from trimming rates.
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
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
New regime on loans to one party to kick in by Apr 2019.
The huge pressure on the currency market largely went unnoticed because of the demonetisation exercise.
Branch networks will give preference to pensioners and labourers for withdrawing money.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
People depositing money with banks in legal tender are allowed to withdraw the equivalent amount without any restriction.
SBI got Rs 1.93 lakh cr in cash deposits from November 10-25.
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