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2 mins read
RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling
As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed …
ANI
3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
3 mins read
RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June
RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…
ANI
3 mins read
India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report
This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…
ANI
2 mins read
RBI governor asks realty companies to stress test their books
The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…
2 mins read
RBI initiates transition plan: Small finance banks to ascend to universal banking status
According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eli…
ANI
2 mins read
IndusInd Bank promoter Hinduja Group may raise stake in bank to 26% after RBI’s latest change in private bank norms
IndusInd Bank may benefit from the RBI’s latest change in ownership norms as promoter Hinduja Group…
2 mins read
India can sustain 8% growth, even higher: RBI bulletin
India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may b…
PTI
3 mins read
SEBI proposes norm to prevent brokers from retaining clients' funds at end of trading day
To curb possible misuse of investors' money by brokers, SEBI has proposed to stop trading members a…
PTI
7 mins read
The dark truth behind RBI’s crackdown on easy personal loans
The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…
3 mins read
RBI tries to boost forex reserves by easing NRI deposit norms
The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchan…
2 mins read
If you’re paying electricity, water, LPG bills via auto-debit, RBI’s new norms affect you
Reserve Bank of India’s (RBI) new norms for auto-debit transactions will come into effect from toda…
2 mins read
RBI refuses exceptions on CRR, SLR; gives some leeway on PSL, investments for merger: HDFC Bank
The Reserve Bank of India (RBI) has refused to grant any exceptions on cash reserve ratio (CRR) and…
PTI
2 mins read
RBI to review guidelines on ownership, corporate structure of pvt banks
It further said though the overarching principle that the ownership and control of private sector …
PTI
5 mins read
Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms
The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…
1 min read
RBI proposes major changes in securitisation norms
The revisions in guidelines also take into account the recommendations of the Committee on Developm…
PTI
4 mins read
Now, tourists from G20 countries will get to use UPI instead of cash in India
RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…
8 mins read
Improving workplace decorum – ‘RBI’s recommendations can be seen as onerous but we have to move in that direction,’ says Yes Bank’s CEO
CEO of Yes Bank, Prashant Kumar, has stated that if a bank wants to be customer-centric, it also ne…
2 mins read
RBI revises guidelines on how much to pay a private bank CEO and executives in India— including foreign banks
India's banking regulator issued revised guidelines on compensation for CEOs, whole-time directors,…
1 min read
Icertis raises $150 million to boost contract lifecycle management business
"This new funding from Silicon Valley Bank is a major vote of confidence in our growth traje…