Flagging current enforcement mechanism as not enough a major deterrent for the fraudsters, RBI Governor Urjit Patel sought more powers to deal
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2017 Bill was passed in Rajya Sabha on Tuesday by a voice vote, with Union Finance
The Negotiable Instruments (Amendment) Bill, 2017 was on Tuesday introduced before the lower house, which seeks do away with
The government has assured that Financial Resolution and Deposit Insurance Bill FRDI, currently under consideration of a joint parliamentary
The finance ministry Thursday said there is no proposal to withdraw the bank cheque book facility, which is an integral part of the payments landscape.
Last month, the government had unveiled a staggering Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks.
Anti-corruption watchdog CVC has sought details of all fraud reported to the CBI since 2001 by public sector banks to analyse the modus operandi
Modi government is working on a plan to rebuild the capacity of the banking sector, said Union finance minister Arun Jaitley on Wednesday while
RBI Governor Urjit Patel is likely to brief the members of the parliamentary panel assessing the crucial Financial Resolution and Deposit
Finance Minister Arun Jaitley Monday asserted that the problem of bad loans in the banking system is not "insurmountable" for a large economy
Two days after State Bank of India put out a notice imposing the penalty for not maintaining the minimum balance in personal accounts, Government
Concessions given by the government in the last four months of demonetisation have come to an end. Starting today, all leading banks will be
With strong macros and inflation in check, President Pranab Mukherjee today pitched for “stable, lower and acceptable” interest rate
Banks and oil marketing companies (OMCs) will bear transaction charges for the fuel bought using cards at petrol pumps, Oil Minister Dharmendra