Reddy claimed that there was a "political conspiracy" and added that he had faith in the police.
Senior officials of the Industrial and Commercial Bank of China (ICBC) have denied a report that three major Chinese banks would acquire a 17 per cent stake in the Standard Chartered bank, the Chinese media reported.
The Reserve Bank of India (RBI) on Friday decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in the future if need arises to support the economy hit by the Covid-19 pandemic.
State-owned BSNL has rationalised the call charges from its public call office booths under which local and intra-circle calls to any network will be Re 1 per minute for a 60-second pulse, while STD calls will be cheaper by 50 paise.
The CCB police, which is investigating charges of spot-fixing in the last two seasons of KPL, has so far arrested eight people, including four cricketers, the owner of the Belagavi Panthers' team and an international bookie.
As of December 2018, a total amount of Rs 51,513 crore has been infused into PSBs.
'Without appropriate supervisory constraints in place, banks are in a position to delay the recognition of losses and engage in ever-greening or zombie lending, which is essentially the rolling over of debts of unviable borrowers that would have otherwise defaulted,' points out RBI Deputy Governor Viral Acharya.
The CSI300 of the leading Shanghai and Shenzhen A-share listings has lost almost 11 per cent this week.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
RBI says haste in easing norms for banks harmful to economy.
The alleged handler of the most influential pro-Islamic State Twitter account Mehdi Masroor Biswas has been remanded to five-day police custody.
Fitch said the full implications of Patel's resignation will only become clearer once there is some indication of the RBI's policy approach under his replacement, Shaktikanta Das
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