Government, RBI in talks to boost e-commerce exports
The commerce ministry is in discussions with the Reserve Bank of India (RBI) to facilitate e-commerce exports by liberalising the
Read more
government
In five years, banks write down Rs. 10.57 trillion and recover Rs. 7.17 trillion in non-performing assets.
According to information provided by the government to Parliament, banks have written down Rs 10.57 lakh crore over the last
Read more
RBI may allow borrower-bank deal to shed tag of wilful defaulter
An RBI circular that requires lenders to take a quick call on classifying wilful defaulters will also allow borrowers to
Read more
Government to sell 1.55% stake in Axis Bank
The Government is planning to sell a 1.55% stake in Axis Bank through an offer for sale, a government investment
Read more
Subsidy on LPG should be limited to only the needy
The subsidy on Liquified Petroleum Gas or LPG should be limited, the Government sources said as they think only the
Read more
RBI modifies norms for undertaking government business by private banks
The Reserve Bank of India has recently come out with modified guidelines that allow sound private sector banks to undertake
Read more
SLBC urges WB government to restrict banking hours up to 2 p.m. amid rising COVID-19 cases
State Level Bankers’ Committee has appealed to the West Bengal State Government to restrict business hours from 10 a.m. to
Read more
HC seeks Government response on feasibility of Islamic Banking
High Court has recently sought response from the authorities to the PIL seeking feasibility of introducing Islamic Banking in J&K
Read more
PSB privatisation: Govt. working on amendments to Banking Companies & Banking Regulation Act
The government has started to working on amendments to Banking Companies (Acquisition & Transfer) Act and Banking Regulation Act to
Read more