Latest Articles in Banking Finance
Why Modi wants To Increase Control Over The RBI
This followed three letters to the RBI from the finance ministry threatening to invoke Section 7 of the RBI Act that would allow the government to dictate policy to the central bank
Read More
RevFin Gets RBI Approval To Acquire NBFC
For RevFin, this acquisition is a step forward towards helping people fulfills their dreams and aspirations by providing them access to credit
Read More
Finance Ministry Says RBI Autonomy 'Essential'
"The autonomy of the central bank is an essential and accepted governance requirement," Finance Ministry said in a statement
Read More
Chidambaram Slams Centre For Reportedly Referring To Never-Used Clause In RBI Act
Chidambaram said that the governments he was a part of in the past had never used Section 7 of the RBI Act of 1934, under which a direct order can be issued by the government to the central bank to carry out its wishes in "public interest"
Read More
Finance Ministry To Shortly Issue A Statement On Government-RBI Rift
Earlier in the day, media reports suggested that RBI Governor Urjit Patel may consider resigning from his post given a breakdown in relations with the government, sparking a sell-off in the rupee and government bonds
Read More
Govt Cites Never-Used Powers For Resolving Issues With RBI
Finance Ministry and RBI are said to have differed on the central bank's handling of weak public sector banks, tight liquidity in the market and ways of resolving bad loans in the power sector
Read More
StanChart Beats Forecasts With 31 Per Cent Third-Quarter Profit Jump
Standard Chartered posted a profit before tax of $1.1 billion in the three months ended Sept. 30, above the $814 million profit in the same period a year ago and higher than the $978 million average of analysts' forecasts
Read More
RBI Governor Urjit Patel May Resign, Reports Say; Rupee Down
The government has invoked never-before-used powers under the RBI Act that allow it to issue directions to the central bank governor on matters of public interest
Read More
NBFCs: Backs To The Wall
Non-banking financial companies, or NBFCs are faced with their toughest test ever and are scaling back lending as they grapple with a liquidity squeeze
Read More
5 Money Tips For The Festive Season
Here are the five steps can ensure that your financial health doesn’t take a severe hit this season
Read More
Our Focus Is To Build A Solid Foundation With Innovative Products & Services: Anup Rau Velamuri
In an interview with BW Businessworld, Anup Rau, CEO, Edelweiss General Insurance, talks about the new plans and initiatives in the health insurance sector
Read More
4 Factors That Affect Your Credit Score
Here are the four most important ones, in descending order of their weightage
Read More
Yes Bank Second-quarter Profit Slips 3.8%, Misses Estimates
Net profit fell to Rs 9.65 billion in the quarter ended 30 September, from Rs 10.03 billion a year earlier
Read More
Taxmann Launches GST Practitioners Question Bank With Quick Exam Guide
The book follows the prescribed syllabus for Goods and Services Tax Practitioners (GSTPs) exam which is scheduled for October 31, 2018
Read More
YES BANK Launches Cashless Solution For Puducherry Smart City
Day-to-day utility and retail payments will now be cashless through a ‘RuPay’ pre-paid card jointly issued by YES BANK and Puducherry Tourism Development Corporation
Read More