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RBI Lowers CPI Inflation Forecast to 3.7% for FY26 Amid Stable Price Outlook

Three more Banks out of RBI's PCA framework

On 26th February 2019, board for Financial Supervision (BFS) held a meeting to analyze the performance of Allahabad Bank, Dhanalaxmi Bank, and Corporation Bank. The BFS observed that Government of...
Liquidity is a major concern in the Indian Banking Sector

Government to infuse Rs 48,239 crores in 12 state-run banks

On 20th February, 2019 the ministry of finance decided to infuse ₹48,239 crores in 12 public sector banks. This is done so that these Prompt Corrective Action (PCA) banks can...