Here is today’s important banking news to keep you updated and help you prepare for IBPS and other bank exams: Important Banking News: Public Sector Banks in Race to Set Up Over 5,500 ATMs State-owned banks are racing against time to install more than 5,500 ATMs in the fiscal fourth quarter ending in March to meet the target for the current financial year. Of the … [Read more...]

Here is today’s important banking news to keep you updated and help you prepare for IBPS and other bank exams: Important Banking News: RBI Survey Projects 2016-17 Gross Value Added at 7.8% Professional forecasters expect real Gross Value Added at basic price (GVA) to increase to 7.8 per cent in the next fiscal year from 7.4 per cent expected in 2015-16, says a Reserve Bank … [Read more...]

Here is today’s important banking news to keep you updated and help you prepare for IBPS and other bank exams: Important Banking News: GST Will Become a Reality Soon: Arun Jaitley Finance Minister Arun Jaitley on Thursday hoped that the opposition parties will "see reason" and the Goods and Services Tax (GST), which is held up in Rajya Sabha, will become a reality … [Read more...]

Here is today’s important banking news to keep you updated and help you prepare for IBPS and other bank exams: Important Banking News: Government to Infuse Rs. 5,000 Crore in PSU Banks Government will infuse about Rs. 5,000 crore capital in the public sector banks in the current fiscal to strengthen balancesheet. "As committed, banks will get fund infusion in the … [Read more...]

Here is today’s important banking news to keep you updated and help you prepare for IBPS and other bank exams: Important Banking News: Raghuram Rajan Holds Repo Rate; Says Budget Key to More Easing Reserve Bank Governor Raghuram Rajan held repo rate steady at 6.75 per cent on Tuesday, as widely expected, opting to wait until after the Budget is presented on February 29 to … [Read more...]

Here is today’s important banking news to keep you updated and help you prepare for IBPS and other bank exams: Important Banking News: Arun Jaitley Could Squeeze Business to Balance Books: Report Finance Minister Arun Jaitley wants to present a credible Budget this month with realistic targets for tax revenues and asset sales, people involved in the process say, but … [Read more...]

Here is today’s important banking news to keep you updated and help you prepare for IBPS and other bank exams: Important Banking News: Yes Bank Q3 Brings Cheer to Dalal Street Yes Bank brought some cheer to the Dalal Street on a day when banking stocks came under heavy selling as ICICI Bank reported sharp rise in bad loans. Yes Bank's net profit in the December … [Read more...]

Here is today’s important banking news to keep you updated and help you prepare for IBPS and other bank exams: Important Banking News: Raghuram Rajan Questions New GDP Formula Reserve Bank Governor Raghuram Rajan on Thursday said the country needs a better methodology to capture growth measured in terms of gross domestic product (GDP). There is a need for better … [Read more...]

Here is today’s important banking news to keep you updated and help you prepare for IBPS and other bank exams: Important Banking News: RBI Shortlists 5 Firms for Audit and Risk Monitoring Mechanism The Reserve Bank of India plans to procure an Audit Management and Risk Monitoring System (AMRMS) from five "potential shortlisted" solution providers, including PwC and … [Read more...]