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banking system

Finance Minister Nirmala Sitharaman chairs review meeting of regional rural banks

Finance Minister Nirmala Sitharaman chairs review meeting of regional rural banks

Tue, Aug 20, 2024

Finance Minister Nirmala Sitharaman chaired a review meeting of regional rural banks (RRBs) organised in the national capital on Monday. Forty three RRBs participated in discussions spanning an array of aspects including business performance, digital technology service upgrades, and business growth in MSME clusters.

Investment High Return Investment Stock, Get Diwali Investment Idea From SHIVANGI SARDA | DII PICK

Investment High Return Investment Stock, Get Diwali Investment Idea From SHIVANGI SARDA | DII PICK

Fri, Nov 10, 2023

A GREAT DII PICK OF INVESTMENT. Stocks with strong returns in Diwali. Motilal Oswal's Shivangi Sarada will tell which shares to buy?

Bajaj Finserv's Sanjiv Bajaj calls Indian banking strong, asks banks to keep focusing on risk management

Bajaj Finserv's Sanjiv Bajaj calls Indian banking strong, asks banks to keep focusing on risk management

Tue, Mar 21, 2023

Sanjiv Bajaj, president of the Confederation of Indian Industry, says that the Reserve Bank of India is a strong regulator and has been keeping a close watch on the Indian banking system for long time

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India@75: Indian banking system was transformed to digital payments

India@75: Indian banking system was transformed to digital payments

Fri, Aug 12, 2022

The Indian banking system played a vital role in shaping the economy of the country. The banking system came into existence before India got independence in 1947.

Money Guru: Bank lockers are safe; If you feel it too, watch this video

Money Guru: Bank lockers are safe; If you feel it too, watch this video

Wed, Jul 17, 2019

Everyone wants to make sure that their important documents, money and jewelries are safe and secured. It’s among top priorities for almost every individual. In such situations, many banks also offer customers lockers guaranteeing a safety for your financial credentials.

One year of RBI's February 12 circular

One year of RBI's February 12 circular

Tue, Feb 12, 2019

In this segment of Zee Business watch how the RBI's February 12 circular changed banking system. Watch the video to know more.

SBI Child Savings Account benefits: Help your kid save Rs 10 lakh! Learn getting rich tricks soon

SBI Child Savings Account benefits: Help your kid save Rs 10 lakh! Learn getting rich tricks soon

Sun, Nov 18, 2018

SBI child savings account benefits: Want to make your child financially wise and wealthier in future? It's time you introduce him/her to the banking system. This will not only help inculcate a saving habit in the child, but also help them generate some wealth as they grow and use them for purposes like education.

BOJ deputy government nominee says crafting new policy for easing an option

BOJ deputy government nominee says crafting new policy for easing an option

Wed, Mar 07, 2018

The Bank of Japan can come up with new policy steps if it were to expand its ultra-loose monetary stimulus, said Masazumi Wakatabe, a nominee for deputy governor, in a sign the central bank will have a formidable opponent of whittling down its massive bond-buying programme. But Wakatabe said the

PNB fraud a failure of internal controls, says RBI

PNB fraud a failure of internal controls, says RBI

Sat, Feb 17, 2018

Although the case has once again drawn the attention to large frauds in banking system, the RBI has been cautioning about it for some time

IMF warns on brewing risks in China's financial system

IMF warns on brewing risks in China's financial system

Thu, Dec 07, 2017

The IMF report comes a day after regulators in Beijing drafted new rules to strengthen bank funding, and follows a number of alerts about a ballooning debt problem in the world's number-two economy.

Double digit loan growth possible next year, says HDFC Bank

Double digit loan growth possible next year, says HDFC Bank

Sun, Dec 03, 2017

After clocking just under 10% growth for almost a year, credit expansion fell to under 5% starting November 2016. Since then it has been struggling to cross the double digit mark on sustained basis due to the impact of demonetisation and the implementation of Goods and Services Tax (GST).

Note ban can't alone curb black money accumulation: Rangarajan

Note ban can't alone curb black money accumulation: Rangarajan

Sat, Feb 18, 2017

"All this will have an immediate effect on the economy which will be adverse. The long term gains are in terms of reduction in the proportion of pure cash transactions, and a shift to digital mode of payment leading to recording of all transactions and thereby helping to widen tax net," Rangarajan said.

Rs 11.85 crore back but RBI has supplied only Rs 3.81 lakh crore worth of currency

Rs 11.85 crore back but RBI has supplied only Rs 3.81 lakh crore worth of currency

Wed, Dec 07, 2016

Gandhi said, "The motivations for the demonetisation decision are to deal with the problem of high quality counterfeit notes in these denominations and unearth black money that may be held in cash."

MSS limit may provide leeway to RBI's 100% CRR incremental maintenance

MSS limit may provide leeway to RBI's 100% CRR incremental maintenance

Tue, Dec 06, 2016

Madhavi Arora, Upasna Bhardwaj and Suvodeep Rakshit analysts of Kotak said, “The surplus syste, liquidity post relaxation of incremental CRR can now be managd by the mix of shorter tenor MSS bonds and reverse repo operations.”

NPAs nearly doubled to 8.5% in Q1: Report

NPAs nearly doubled to 8.5% in Q1: Report

Thu, Aug 18, 2016

The banking sector's non-performing assets (NPA) almost doubled to 8.5 per cent in the first quarter of this fiscal, driven by surging bad assets of state-run lenders, Care Ratings said.

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