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Banking Industry India News & Recent Update | IBEF

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Bank credit grows 7.10 per cent to Rs 99.47 lakh crore; deposits up 10 per cent to Rs 130 lakh crore Banks' credit and deposits increased by 7.10 per cent and 10.09 per cent to reach Rs 99.47 lakh crore (US$ 1.42 trillion) and Rs 130.08 lakh crore (US$ 1.86 trillion), respectively, in the fortnight ended December 20....

IBEF January 03, 2020

Forex reserves hit a new high of $451 billion as of Dec 3: RBI governor As of December 3, 2019, foreign exchange reserves continued the upward journey growing to a new high of US$ 451.7 billion....

IBEF December 06, 2019

Strong Customer Outreach by Public Sector Banks (PSBs) - Rs 4.91 lakh crore disbursed in October and November 2019 The total disbursement by PSBs to MSMEs, NBFCs, corporates, retail and agriculture sector borrowers since the launch of the Customer Outreach in October reached Rs 4.91 lakh crore (US$ 70.25 billion) in November 2019....

IBEF December 05, 2019

Auction for Sale (Re-Issue) of '6.18 per cent GS 2024', Auction for Sale (Re-issue) of 'GoI Floating Rate Bond 2031', Auction for Sale (Re-Issue) of '7.69 per cent GS 2043', and Auction for Sale (Re-Issue) of '7.72 per cent GS 2049 The Government of India has announced the Sale of '6.18 per cent GS 2024', Auction for Sale (Re-issue) of 'GoI Floating Rate Bond 2031', Auction for Sale (Re-Issue) of '7.69 per cent GS 2043', and Auction for Sale (Re-Issue) o...

IBEF November 26, 2019

India will emerge as the torchbearer of banking reforms, says Dr. Jitendra Singh India will emerge as the torchbearer of banking reforms in the world as we aim to be a global superpower, said Dr Jitendra Singh, Minister of State for Development of North Eastern Region (I/C), Prime Minister's Office, Personnel, Public Grievanc...

IBEF November 13, 2019
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