BE/RBI NOTE/3/2018 The RBI Governor opined that the increased rates and changes in the fiscal policy of US Government, could possible affect the global markets and more so the emerging markets.  Also, the Governor Mr. Urjit Patel that the policies of US in the past had caused the Latin American Debt Crisis, and now the

BE/RBI NOTE/2/2018 No change in the Repo Rate is the current news in the six member Monetary Policy Committee (MPC), meeting headed by RBI Governor Urjit Patel.  The Repo Rate remains at 6 percent and the Reverse Repo Rate at 5.75 percent. The Reserve Bank of India, meeting amidst the storm in the global market

There is a likelihood of SBI slashing down the minimum balance requirement for savings accounts to the extent of 70 per cent which is at present Rs. 3000 for metros, Rs. 2000 for semi urban and Rs. 1000 for rural areas.  Also, the mandate for maintenance is likely to be changed to quarterly from monthly

Encouraged with the Policies and guidelines, Housing Loans disbursed below Rs. 2 lacs, formed a major segment of the Housing Loan portfolio, ultimately ending up with a whopping increase in the NPAs of such loans given below   Rs. 2 lacs. Higher NPAs were seen, on the Housing Loans released by State owned PSU Banks, when

BE/RBI/46/2017 A report from RBI states that there is increase in Household Deposits held in banks. The increase is said to be around 2 percentage points and stands at 63.5 per cent in FY 2017 which is said to be due to note bank driven spurt in saving deposits by individuals. The Government had pulled