Banking System

Kolkata, Dec 11:  The Reserve Bank of India has passed on powers to state-run banks to deal with the major issue of their non-performing assets (NPAs), or bad loans, and is now in the process of monitoring their implementation, RBI Governor…

Major Commercial banks, including the State Bank of India, HDFC and ICICI have announced cut in their lending rates after RBI Governor Raghuram Rajan expressed strong disappointment over non-transmission of policy rates. India's biggest…