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Bihar: Six people rob over Rs 8 lakh from bank in Muzaffarpur

Six people, wearing helmets and covering their faces, robbed over Rs 8 lakh rupees from an ICICI bank branch in Muzaffarpur's Gobarsahi area.
Australia's former central bank head warns of limited power of rate cuts

Further interest rate cuts by the Reserve Bank of Australia would do little to boost the economy as the power of monetary policy easing is limited, a...
RBI cuts repo rate by 25 basis points to 5.15 pc to revive growth

The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per ce...
Australia's consumer watchdog plans to beef up banking code amendments

Australia’s consumer regulator said on Friday it planned to strengthen banking code amendment proposals given by a banking sector body, as it sought t...
RBI allows coop bank PMC customers to withdraw Rs 10,000

In a relief to the harried customers of crisis-hit Punjab & Maharashtra Cooperative Bank, the Reserve Bank Thursday increased the cash withdrawal limi...
Australian August unemployment at one-year high, rate cut seen in October

Australian employment rose in August but the jobless rate worsened to a one-year high of 5.3% as more people looked for work, a sign of spare capacity...
Sensex tumbles by 642 points on crude oil shock and global cues; auto and bank stocks bleed

Equity indices came under sharp selling pressure for the second consecutive day on Tuesday and wiped out all previous week's gains due to geopolitical...
Finance Secretary dispels fears of job losses after merger of 10 PSU banks

The merger of 10 public sector banks (PSBs) to form four big lenders will create more jobs and not lead to any retrenchment as being claimed by some t...
PSBs gross NPAs down to Rs 7.9 lakh cr: FM

Finance Minister Nirmala Sitharaman on Friday said the profitability of public sector banks has improved and total gross non-performing assets have co...
Sensex jumps over 150 pts; Infosys drops 2 pc

Domestic equity benchmark BSE Sensex opened over 150 points higher on Tuesday led by gains in index heavyweights L&T, ICICI Bank, SBI and HDFC Bank am...
SBI cuts interest rates on fixed deposits up to 0.5%

The country's largest lender State Bank of India on Friday slashed interest rates on fixed deposits across various tenure by up to 0.5 percentage poin...
Rupee slips 26 paise to 69.32 vs USD in early trade

The rupee on Friday declined by 26 paise to 69.32 against the US currency in early trade, due to strong dollar demand from banks and importers.
SBI reports net profit of Rs 838 cr in Mar 2019 quarter; trims bad loan ratio

Country's largest lender SBI Friday said it has reported net profit of Rs 838.40 crore in fourth quarter of 2018-19 fiscal on a standalone basis as no...
RBI cuts repo rate by 25 basis points to 6 pc

The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a mo...
Karur Vysya Bank appoints NS Srinath as non-executive chairman

Karur Vysya Bank Tuesday said it has appointed NS Srinath as non-executive chairman for a period of three years.
Armed miscreants rob man of Rs 8 lakh in UP

A group of four armed men looted Rs 8 lakh cash from a man in a village here when he was on his way to the bank to deposit the money, police said Tues...
Over 90% of Taiwan employees considering job change

More than 90 per cent of employees in Taiwan are considering seeking a new job after the Chinese Lunar New Year, which falls on February 5 this year,...
Finance Ministry: Autonomy of RBI essential, nurtured by govt

Amid reports of its mounting tension with the RBI, the Finance Ministry Wednesday said the government has "nurtured and respected" autonomy of the cen...
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