RBI
RBI to penalise erring bank auditors
30 Jun 2018
RBI sees banks’ bad loans rising up to 12.2% in FY19
27 Jun 2018
In the worst case scenario, the bad loan ratio could rise up to 13.3 per cent by the end of the current financial year, ie, anywhere between Rs12,20,000 crore and Rs13,30,000 crore, RBI stated in its Financial Stability Report
RBI hikes repo rate by 25 bps to 6.25%
06 Jun 2018
The hike in the repo rate, which follows a sharp rise in consumer price inflation rate to 4.6 per cent in April, is also intended to tame rising inflation, RBI said
IDBI Bank’s MK Jain appointed RBI deputy governor
05 Jun 2018
A career banker, Jain has previously served as the CEO of Indian Bank and since his move to IDBI Bank, he has been focused on cleaning up the bank’s balance sheet and has moved to divest several non-core assets to help release capital
