The CBI, in its press release said: "All the above public servants have blatantly and dishonestly favoured IMA Group and allowed them to co...

Under the new framework, statutory auditors, in verifying whether an NPA has been correctly identified by the bank, should not confine to t...

The Asset Quality Review of the RBI had opened a can of worms for banks.

Pay of CEOs will now linked to parameters like balance sheet size, NPAs, profits and governance record.

Calling the new measures a big Diwali gift, Modi said it would herald a new era and chapter for the MSME sector, the biggest employment gen...

The union suggested that RBI should undertake random supervision of bank branches in all parts of the country, comprising all regions on an...

The RBI has sought written explanation on differences in the write-down assessments by its own inspectors and those certified by the audito...

The move is aimed at ensuring that bankers are not being used by unscrupulous elements, as the government doesn’t want any hiccups in the p...

"There have been cyber incidents in the recent past. I think it would be overly complacent for anyone of us to say we are well prepared to ...

The minister said she has already taken up the matter with the Finance Ministry and written to the Central Bank on the issue.

Reserve Bank of India Governor Raghuram Rajan today said India has done away with the licence raj, but 'inspector raj' continues to some ex...

The Reserve Bank of India has initiated a special inspection of Kolkata-based United Bank of India, apparently prompted by an alarming rise...

The bank in its defence contended that the officers were not given credit cards as they had cited their official phone numbers instead of r...

'They have raised objections to banks classifying these as priority sector loans as here the direct beneficiary is not the farmer.'

Being an I-T official, Ajaykumar Singh (38)—who rummages through documents to detect tax evasion—should have smelt a rat when he received a...

An FIR has been lodged here following a complaint from the RBI of receipt of fake notes from the city-based branches of five banks.

The long-pending merger of Lord Krishna Bank (LKB) and Centurion Bank of Punjab (CBoP) may finally come through with the Kerala High Court ...