The four new banks that have been given initial approval by the Central Bank of Myanmar are Vietnam's Bank for Investment and Development, Taiwan's E.SUN Commercial Bank, South Korea's Shinhan Bank and the State Bank of India
Read More
After an April cut, the RBI is set to ease policy again in the last quarter of the year, according to the consensus view of economists in a survey
Read More
Bankers have 'strongly supported' the idea of consolidation, suggesting the government form a panel of experts to devise a merger strategy, Finance Minister Arun Jaitley said
Read More
Some critics accused the government of skimping on a bailout for the ailing state banks after Finance Minister Arun Jaitley did not announce additional funding in his Feb. 29 budget
Read More
Amid widespread expectations that Reserve Bank may further cut interest rates, the International Monetary Fund has said the central bank may require a 'tight monetary stance for longer'
Read More
Some Reserve Bank of India officials are worried that a populist budget could put the onus of driving growth on them but limit their ability to respond through big rate cuts this year
Read More
Reserve Bank of India has sought the consent of the finance ministry to get Iran back into the fold of Asian Clearing Union
Read More
Finance Minister Arun Jaitley on Wednesday said the government will take all steps and provide resources to keep public sector banks in good health
Read More
