From Apple planning to move 10% production to India, RBI advising the government to cut stake in PSBs to Videocon staring at liquidation, here are the top news of the day
In 2017-18, the government had infused a capital of Rs 90,000 and another Rs 1,06,000 crore in 2018-19 into the PSBs, bolstering their capital position
Speaking to an audience comprising of all the top bankers, RBI deputy governor said the new guidelines will be put in public domain and the RBI will be seeking comments before finalising any rules
The RBI's remit should be in charge of bank supervision, and not operations