The year ended with an overall surplus of Rs 30,307.45 crore as against Rs 99,122 crore in the previous year, the RBI annual report showed
RBI annual report: Private banks contribute more to the number of bank frauds while public sector banks contribute more to the value.
The Narcotics Control Bureau on Friday cleared Aryan Khan, son of Bollywood actor Shah Rukh Khan, of all charges in the drugs-on-cruise case.
The Reserve Bank said in its annual report said there is a risk of high wholesale price inflation (WPI) putting pressure on the retail inflation, albeit with a lag
An accounting change enabled the central bank to book gains from the sale of foreign currency against the historical weighted-average holding cost.
RBI said Covid-19 pandemic has triggered revision of growth projections for the current financial year with consensus gravitating towards its earlier forecast of 10.5 per cent
India's economy has not moderated to the extent it did during the first wave but uncertainties can act as a deterrent in the short term, the Reserve Bank of India said on Thursday
The central bank's core earnings or interest income from its rupee and forex assets were up just 2.3% year-on-year in FY20 despite 30% rise in its assets during the year
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"Retrenchment in activity that is unprecedented in history," says the annual report released by the central bank
28% spike in number of cases; advances account for 98% of total amount involved in frauds
Banks detected 95.4% of fake notes in 2019-20 (April to March), while the remaining 4.6% were detected by Reserve Bank
The central bank said it would focus on improving supervision of around 1,500 UCBs across the country
Valuation method change, provision write-back play key roles to boost dividend
There are still structural issues in land, labour, agricultural marketing, which need to be addressed
Commercial credit flows from NBFCs stood at Rs 9.34 trillion in FY19, down from a high of Rs 11.60 trillion in the previous financial year
Credit flow from NBFCs to the commercial credit stood at Rs 9.34 trillion as of FY19, down from a high Rs 11.60 trillion as of FY18, the RBI says in its annual report for 2019
The Rs 500 and Rs 2,000 bank notes constituted 82.2% of the total value of bank notes in circulation at the end of March 2019
"This would open up a new channel for non-residents to undertake transactions in central government securities," the RBI Annual Report said
Among bank groups, PSBs, which constitute the largest market share in bank lending, have accounted for the bulk of frauds reported in 2018-19. It was followed by private sector banks and foreign banks