In a bid to protect the interest of depositors, the Lok Sabha on Wednesday passed an amendment to the Banking Regulation Act to bring cooperative
Finance Minister Nirmala Sitharaman on Friday said the RBI has taken a slew of steps to maintain adequate liquidity in the system, incentivise
Finance Minister Nirmala Sitharaman on Saturday said the government is monitoring farm credit given by banks in rural areas, adding that she
Operations at branches of public sector banks across the country were impacted Wednesday due to a strike by unions against the proposed merger of
The Parliamentary standing committee on Finance examined the issues before the Indian banking system, including the rising level of NPAs and
Banking activities in public sector banks across the country will be affected in view of a two-day strike called by the bank employees on
With several cities across the country witnessing cash crunch in the ATMs, Union Finance Minister Arun Jaitley assured that there is “more
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