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India will have heterogeneous banking sector in a decade with four types of banks, says RBI governor Shaktikanta Das
Shaktikanta Das said upgradation of IT infrastructure and improving customer services together with cybersecurity measures are other key issues that also need attention from the banks
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Loss of income top concern for rural India post-lockdown: Study
While only 17% could retain their job or primary source of income during the lockdown, 96% of households surveyed have not been able to build resilience for sustenance beyond 4 months
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Housing sales to rise 29% in Jan-Mar across 7 cities as demand recovers: Report
ANAROCK said 58,290 homes are estimated to be sold in the top 7 cities in Q1 2021 in comparison to 45,200 units in Q1 2020
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RBI has major concerns on cryptocurrencies, flagged it to govt: Shaktikanta Das
Shaktikanta Das said he has 'reasons to believe' that the government is in agreement with the 'major concerns' flagged by the RBI about the cryptocurrencies
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Bill to set up National Bank for Financing Infrastructure and Development passed
The bill seeks to establish the National Bank for Financing Infrastructure and Development to support the development of long-term non-recourse infrastructure financing
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Shaktikanta Das confident of growth not being hit by second wave of COVID-19 cases
The RBI governor's assurance assumes significance amid apprehensions about surging new COVID-19 infections and resultant lockdowns being clamped in many cities
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Petrol price cut by 21 paise, diesel by 20 paise
Petrol and diesel prices were cut for the second straight day as international oil prices fell on prospects of speedy recovery in consumption getting clouded by the second wave of COVID-19 cases
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Centre allays concerns on Covishield; says both COVID-19 vaccines effective against UK and Brazilian variants
ICMR Director General Dr Balram Bhargava said that both Covishield and Covaxin are effective against the UK and the Brazilian variants
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NBFCs want government to refund interest on deposits
NBFCs said they would like the government to compensate them for their cost by way of paying interest to their depositor
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COVID-19 surge in Maharashtra, Punjab of grave concern: Health ministry
Maharashtra reported over 28,000 COVID-19 cases. The top five districts are Pune, Nagpur, Mumbai, Thane and Nashik
