Latest News on Central Bank
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Central Bank - Total results - 299
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May 18, 2018
Central Bank's Q4 net loss widens over three-fold to Rs 2,114 cr; gross NPAs hit 21.48% of advances
Central Bank of India on Friday said its net loss widened more than three-fold to Rs 2,114 crore in the March quarter due to higher provisioning for bad loans -
May 18, 2018
RBI may keep policy rates unchanged in June, says Goldman Sachs; first hike in FY19 expected in August
Probability of a June hike would increase if crude oil prices rise further, or if the rupee depreciates significantly ahead of the 4 June RBI MPC meeting. -
May 17, 2018
Raghuram Rajan says won't apply for Bank of England governor job, 'am an academic not a professional central banker'
Raghuram Rajan has been mentioned by analysts as a possible future BoE governor after Mark Carney - who previously headed Canada’s central bank - steps down at the end of June 2019. -
May 16, 2018
Why state-run Punjab National Bank, the big bad boy among Indian lenders, needs better parenting
The government, the Reserve Bank of India (RBI) and various managements have, over time, failed to guide the Punjab National Bank. -
May 14, 2018
Bad loans mess: Finance Ministry mulling innovative ways to deal with banks' NPA provisions
Gross NPAs of scheduled commercial banks as on 31 December, 2017 due to loans to industry were at Rs 6,09,222 crore, accounting for 20.41 percent of the gross advances. -
May 08, 2018
State-run banks shuttered over 2000 ATMs over 10 months to slash costs, shows Reserve Bank data
As part of cost-cutting measures, banks are closing ATMs, resulting in the decrease of over 2000 ATMs across the country between May 2017 and February 2018 -
May 04, 2018
RBI's three month deadline for banks to cut ties with cryptocurrencies has shown a sudden surge in trading volumes
Prices of the volatile bitcoin in India are back up to Rs 6,18,000 ($9,270), recovering from a low of Rs 3,50,001 after the central bank’s announcement -
Apr 19, 2018
Cash crunch: How Rajasthan ATS intercepted the hawala syndicate that's making Indian ATMs run dry
Rajasthan Anti-Terror Squad's Operation Kuber reveals that cash hoarders and hawala operators are once again active and could be the reason why a large chunk of cash is disappearing from circulation in India -
Mar 29, 2018
Malaysia's central bank foils unauthorised fund transfer attempts, no loss of funds reported; investigation ordered
Malaysia’s central bank said on Thursday it was the victim of a cyber attack in which hackers sought to steal money using fraudulent wire transfers -
Mar 23, 2018
Supreme Court orders status quo on sale of assets by R-Com to Reliance Jio, posts final hearing on 5 April
The SC directed maintenance of status quo on sale of assets of Anil Ambani-led Reliance Communication to Reliance Jio on a plea of a banks' consortium
