Gopika Gopakumar

  • RBI set to announce annual monetary policy today, no changes likely 01-04-2014 09:04 AM

    The Reserve Bank will come out with annual monetary policy on Tuesday amid expectations that it will maintain status quo because retail inflation, especially in food items, is yet to show definite signs of moderation. ...
  • Pay more for safety, banks may raise ATM cost by Rs 6 per transaction 07-12-2013 08:25 AM

    Mumbai: ATM usage is likely to get costlier as banks are planning to hike ATM charges by Rs 6 per transaction. The proposal to hike charges comes after a few state governments asked banks to tighten security at ATMs following the brutal assault of a customer inside an ATM in...
  • Cobrapost expose: RBI penalises Axis, HDFC, ICICI banks 10-06-2013 06:41 PM

    Mumbai: Three private banks, caught in the Cobrapost sting operation, have been let off the hook with paltry penalties. The Reserve Bank of India on Monday imposed penalties on Axis, ICICI and HDFC banks after a sting operation by online magazine Cobrapost exposed many loopholes. RBI imposed a penalty of...
  • Over 30 banks flouting prescribed guidelines: RBI audit report 30-05-2013 11:54 AM

    Mumbai: India's banking system is not as strong as expected. An RBI report shows that over 30 banks have failed to follow or enforce various prescribed rules and guidelines. CNBC-TV18 has accessed the report of the audits instigated by the RBI after the Cobrapost expose, which shows that 30 banks,...
  • Rupay to substitute Mastercard, Visa in India 22-06-2011 09:57 AM

    Mumbai: The much talked about India's 'Rupay' cards are here and it may not be long before it replaces the logos of Visa and Mastercard. Rupay or Rupee Pay is the new card payment scheme launched by the National Payment Corporation of India (NPCI), a company started three years back...
  • Housing scam: bankers defend loans sanctioned 26-11-2010 09:55 AM

    Mumbai: Bankers have defended the loans given to companies named in the CBI charge sheet in connection to the bribes for loan scam saying these were performing loans and were sanctioned after due process. In its chargesheet, the CBI had named officials from the Bank of India, Punjab National Bank...
  • No rains in Vidarbha and no loans too 11-07-2008 12:35 AM

    Karachi: Pakistani cricket chiefs on Wednesday approved the purchase of bulletproof buses as part of efforts to persuade foreign teams to return after a long suspension over security fears. No international team has played in Pakistan since the March 2009 attack on the Sri Lankan cricket team bus in Lahore,...