The committee's suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.
IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.
Walmart is waiting to understand as to how much multibrand retail might or might not move forward.
The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.
The company, which recently hit the run rate of $1 billion in gross merchandise value ahead of the target date, is the largest mobile phone retailer in the country, counting online and offline stores, estimates show.
The RBI needs to maintain a healthy contingency reserve so that it can lend its support in case of a bank failure.
A CBI official has clarified that the agency did not find any criminal offence again DLF regarding land rights.
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Retail giant Tesco's entry into Indian market has hit a regulatory roadblock.
The Jalan panel has recommended to the RBI to keep shady entities out of banking licence race.
The Finance Ministry has asked top rung exectives of United bank of India to furnish bad loan recovery report on daily basis.
India has a tradition of rich narrative and storytelling and hence it's a natural market for self publishing, believes Jon P Fine, Amazon's director (author and publishing relations).
Though most foreign banks appear reluctant to establish a subsidiary here, Citi is the only bank that has so far communicated this to the regulator, in writing.
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
Telecom department says spectrum can't be used as collateral because it's government property
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
French giant might apply for multi-brand retailing if UK rival gets nod.
At least five state-run banks on central bank's radar for lax credit appraisal
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