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Mumbai, Thursday, August 21, 2014

RBI surplus falls 14.75% in FY14; transfers entire sum to govt

The Reserve Bank on Thursday said its surplus (profit) for the FY’14 fiscal declined 14.75 per cent to Rs. 52,679 crore as its interest income from investments in foreign sovereign bonds declined... »
More on banking AND: central bank
New Delhi, Thursday, August 21, 2014

Steps afoot to professionalise PSU banks: Jaitley

"We expect banks to have better risk management. The Department of Financial Services has been actively working in this regard," he said. »
More on banking AND: government
CHENNAI, Thursday, August 21, 2014

RBI tightens rules for lending against shares by NBFCs

The Reserve Bank of India (RBI) has tightened the norms for giving loans against shares by non-banking finance companies (NBFCs). NBFCs lending against collateral of shares have been told... »
More on banking AND: loans
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