While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment ...
Banks charge higher premiums on loans despite benefitting from a consistent regime of low-cost funding
The economic growth is gaining momentum on the back of a revival in investment activity
GVA gives a picture of the state of economic activity from the producers' side or the supply side
The move will help lower provisioning burden of the banks
It can be noted that banking regulator Reserve Bank of India (RBI) has been flagging concerns on retail loans being the panacea for banks, ...
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January 16, 2018 Last Updated at 01:46 IST
But economists also say from now on minutes of the six-member Monetary Policy Committee meeting will make interesting reading
December 20, 2017 Last Updated at 19:10 IST
Two MPC members specifically warned that India may no longer be able to afford being accommodative on inflation
December 7, 2017 Last Updated at 01:34 IST
Says recap will be front-loaded for healthy banks; others have to prove efficiency
December 7, 2017 Last Updated at 01:06 IST
Incoming data on growth will become increasingly important now
December 7, 2017 Last Updated at 00:59 IST
RBI in total issued Rs 1 lakh cr of special bonds, sold another Rs 90,000 cr of regular bonds directly to secondary market
'Old interest rates apply for failure to pay service tax in Dec 2015'
New notification changes interest prospectively and will not apply to omission to pay service tax before May 14, 2016
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