You Searched For "banking regulation act" and got 16 results
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2 mins read
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
2 mins read
Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
3 mins read
Bill to provide up to four nominees to a bank account introduced in Lok Sabha
Another proposed change relates to redefining 'substantial interest' for directorships, which could…
PTI
1 min read
RBI proposes rationalising regulations on export, import transactions
The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…
PTI
1 min read
HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank
The Reserve Bank of India (RBI) has approved HDFC Bank's proposal to acquire an up to 9.5 per cent …
2 mins read
FDIC chairman Martin Gruenberg to resign following investigations into sexual harassment at the bank regulator
President Joe Biden is set to nominate a new FDIC chair after independent and congressional scrutin…
Shubhangi Goel
2 mins read
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
2 mins read
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
1 min read
RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major ec…
PTI
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
3 mins read
Bernie Sanders says Silicon Valley Bank's failure is the 'direct result' of a Trump-era bank regulation policy
Sanders said a Trump-era bill was to blame for the SVB bank run. The 2018 law rolled back bank regu…
Cheryl Teh
2 mins read
Regulators didn't have to shutter Signature Bank, says Dodd-Frank Act coauthor Barney Frank, who helped oversee the lender: 'We could've continued'
"I think that if we'd been allowed to open tomorrow, that we could've continued," Frank told Bloomb…
Phil Rosen
2 mins read
RBI to come up with unified regulatory framework on connected lending
The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…
2 mins read
These 13 Democratic senators joined with Republicans to roll back banking regulations in 2018. Progressives say that contributed to Silicon Valley Bank's collapse.
Sen. Bernie Sanders said the bank failure was the "direct result" of the "absurd" bill, which could…
Bryan Metzger
3 mins read
Joe Manchin says he looks at his 2018 vote on easing bank regulations 'differently now' after Silicon Valley Bank's collapse
In 2018, 13 Democrats joined Republicans in loosening bank regulations. The older regulations likel…
Juliana Kaplan,Ayelet Sheffey
1 min read
Silicon Valley Bank acted like a hedge fund, and 'they deserve what they got,' bank analyst says
"That's not the way you're supposed to run a bank. They deserve what they got," Chris Whalen said o…