You Searched For "banking ordinance" and got 15 results
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2 mins read
President promulgates ordinance to bring co-operative banks under RBI supervision
"The Ordinance also amends Section 45 of the Banking Regulation Act, to enable making of a scheme …
PTI
2 mins read
Gold is bankable, shines more than some western banks say experts
Gold has turned into a more bankable asset and its prices going up as several American banks are go…
4 mins read
Former Goldman Sachs partners represent the powerful allies and formidable foes the bank has across the Street
Goldman Sachs has had its fair share of turnover among its partnership. And while some represent an…
Dan DeFrancesco
1 min read
RBI to supervise cooperative banks — they will adhere to the same rules as other scheduled banks in India
The Union Cabinet has decided to bring all cooperative banks under the supervision of the Reserve B…
2 mins read
Liquor baron Vijay Mallya will be the first to be tried under India’s new Fugitive Economic Offenders Ordinance
Mallya left India and moved to the UK in early 2016 after the banks filed a case against him …
2 mins read
RBI union calls for tighter supervision of cooperative banks
The union further said, "RBI must initiate on-site supervision and inspection of these small and m…
PTI
1 min read
All cooperative banks to come under RBI supervision
The decision assumes significance in the wake of a scam in the Punjab and Maharashtra Cooperative (…
PTI
2 mins read
One of Visa's top executives says we'll never go back to using cash in the same way post COVID-19
Visa Europe CEO Charlotte Hogg confirmed that Visa is co-ordinating with banks and small-and-medium…
Shalini Nagarajan
3 mins read
India puts a pause on new bankruptcy cases for a year — and other changes that will cap the rise in bad loans
"Any indebted situation that comes up because of coronavirus will not be considered as ‘default’ an…
2 mins read
Indian Prime Minister’s former cyber security advisor says Indian banks are fundamentally unsafe
There is an immediate need for Indian banks to strengthen their tech infrastructure and overall arc…
1 min read
Mamata urges PM Modi to withdraw RBI's supervisory role of West Bengal cooperative banks
In a letter written to Prime Minister Narendra Modi on Monday, Banerjee said the supervisory role a…
PTI
2 mins read
RBI directs banks/FIs to assess impact on balance sheet, asset quality due to coronavirus outbreak
"Besides taking steps...for ensuring business process resilience, supervised entities should also …
PTI
3 mins read
India’s corporate fraud investigation agency and the CEOs of state-owned banks can now directly prevent scamsters from leaving the country
Prior to these changes, the ability to request for LOCs was mainly extended to police auth…
2 mins read
SBI chairman positive of the bad loan situation in the country
SBI chairman assures of the bad loan situation in the country
1 min read
Possessing old Rs 500 and Rs 1,000 notes after March 31 will land you in jail
The penalty for holding old currency in excess of 10 notes may include financial fines and a jail t…