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banking system News
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
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
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
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
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
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
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
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
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
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
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.