India’s Financial System Remains Stable Despite Weak Growth But Risks Persist: RBI

India’s financial system remains stable notwithstanding weakening domestic growth, said the Reserve Bank of India (RBI) while releasing December 2019 Financial Stability Report (FSR) here on Friday.

Day-long Strikes at Public Sector Banks paralyse Tuesday

Public sector banking operations are likely to be hit on Tuesday due to a day-long strike called by the All India Bank Employees’ Association and the Bank Employees Federation of India.

Finance Minister set for crucial meeting with PSU Bank Heads

Union Finance Minister Nirmala Sitharaman will meet the heads of public sector banks in Delhi on Thursday. The government last month announced the merger of 10 public sector banks