India and the European Union have failed to arrive at any understanding on the four-year dispute involving two Italian marines accused of murdering two Indian fishermen, with the Indian side......
To further strengthen the supervision on non-banking entities (NBFCs), the Reserve Bank on Tuesday issued revised guidelines on a Prompt Corrective Action (PCA) framework for such companies,......
After removing three PSBs - BoI, Mahabank and OBC from the framework, RBI, on Tuesday, took out three commercial banks - Allahabad, Corporation and Dhanlaxmi from the said list. The Reserve Bank......
After the merger of regional rural banks (RRBs) under the “One State, One RRB” policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them,......
The bank will now be in a position to resume normal lending activity, including corporate lending, with tightened risk management framework. Private lender IDBI Bank is out of prompt corrective......
Bad loans, however, continued to rise in the micro, small and medium enterprises category Despite concerns, credit growth of the scheduled commercial banks (SCBs) improved across all bank groups......