Bankers have urged the RBI to stick to an existing framework instead of a separate asset management entity to restructure soured loans
Banks are flush with low-cost deposits on account of demonetisation as a result of which their lending rates fell by up to 1% last month
The Reserve Bank of India also asked banks to issue more currency denomination notes below Rs 100
India's central bank said it could not answer the question, since it did not come under the definition of 'information'
Queues to withdraw cash also truncated as many ATMs continued to remain shut.
The committee to review the framework related to digital payments presented its report to the government Tuesday
Amazon India's profits have doubled in the fiscal year 2015-16, recording Rs 2,275 crore against the previous fiscal years Rs 1,022 crore
RBI imposed withdrawal restrictions if more than Rs 2 lakh has been deposited after November 9 in an account with balance of over Rs 5 lakh
The Fed's decision also led to the strengthening of the dollar against other major currencies