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Under priority lending, small farmers to get bigger loans

Loans sanctioned by banks for housing projects exclusively for economically weaker sections will also be considered as PSL

RBI planning to implement interoperable cash transfer

The RBI is planning to allow business correspondents of one bank to offer payment services to other lenders for better efficiency and optimisation.

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Amid RBI concerns, FinMin gears up for debt management office by next year

The proposed agency would take over key functions of the RBI and be responsible for managing the debt, cash and contingent liabilities.

Banks may soon assess you on your phone, power bill records

The move would be a major boost to credit eligibility of low-ticket borrowers.

Make the cut

Negative WPI inflation is indicative of slack economic activity. RBI must take note.

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No Proof Required: New GDP is for real

Pessimists on Indian growth will have to look for pastures other than the new GDP data

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RBI Governor Raghuram Rajan receives threatening e-mail, security beefed up

Security has been beefed up after RBI Governor Raghuram Rajan received a threatening e-mail.

WPI inflation drops to -2.33 on cheaper food and fuel

The headline inflation was at -2.06 per cent in February. It was 6 per cent in March 2014.

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‘Banking sector to witness major changes in next couple of years’

The apex bank has received 72 applications for small finance bank.

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Raghuram Rajan hints at restructuring new banking license

Rajan hinted that RBI might issue licenses for setting up of payment banks, small finance banks and a postal bank.

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With fall in cost of funds more banks likely to follow suit

According to a DBS Bank official, benefits of easier monetary policy have yet to reach the real economy.

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RBI Governor Raghuram Rajan keeps policy rate unchanged on fears of food inflation

The repo rate will continue to be at 7.5 per cent and the cash reserve ratio will remain at 4 per cent.

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Financial inclusion, 20-year map must: PM Narendra Modi to banks

He encouraged banks to build on the success of schemes such as the Pradhan Mantri Jan-Dhan Yojana and Direct Benefit Transfer.

RBI Guv Rajan warns of excessive leverage by infra players

Strong national institutions should be nurtured, says Raghuram Rajan.

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Make financial inclusion a habit, prepare 20-yr road map: PM to banks

Modi said that however powerful an idea, unless there is an institutional framework, it will not work or succeed.