Tag Archives: central bank

IBC cases: Govt in talks with RBI to relax provisioning norms

A relaxation of RBI provisioning norms for NPA accounts facing Insolvency and Bankruptcy Code will free up capital at banks and boost credit growth Mumbai: The government and commercial banks are seeking a relaxation of provisioning norms on accounts identified for ...

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Printing of new Rs 100 notes to begin in April

Printing of the new Rs 100 notes will begin after RBI’s printing presses are done with new Rs 200 notes by March New Delhi: The Reserve Bank of India (RBI) is expected to start printing new Rs 100 notes around April ...

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New Rs 100 note coming soon? Here is all you need to know

New Rs 100 note: Soon you might get Rs 100 note in an altogether new avatar! The Reserve Bank of India (RBI) may start printing the new Rs 100 currency notes from April next year, Soon you might get Rs ...

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Cabinet Speeds Up State Bank Mergers

Cabinet approves proposal to set up ministerial panel which will oversee the consolidation. New Delhi/Mumbai: The Cabinet approved a proposal on Wednesday to set up a ministerial panel to speed up consolidation of state-run banks as part of its efforts ...

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RBI’s dividend to Government falls by almost half to Rs 30,659 crore

For the year 2015-16, the RBI board had approved the transfer of surplus amounting to Rs 65,876 crore to the government. In the previous year, the Central bank had paid Rs 65,896 crore to the government, which came as a ...

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