RBIs Revised Circular No Breather For NBFCs
FIDC tells RBI to put in place a mechanism to provide liquidity support to NBFCs Read more
Moody's Places Yes Bank Ratings Under Review For A Downgrade
Independent director Mukesh Sabharwal quits bank board Read more
HDFC Bank Mulls Search Panel To Appoint Successor To CEO Puri
He turns 70 next year and has been instrumental in getting the bank to its current stature as one of the most valued ban... Read more
RBI Sets Up Six-member Committee To Review ATM Interchange Fee Structure
The committee to review the overall patterns of usage of ATMs and assess the impact, if any, on charges and interchange ... Read more
RBIs Norms To Give More Headroom To Lenders To Resolve Big Ticket NPAs: SBI Report
Reserve Bank’s new guidelines to deal with bad loans will provide lenders the headroom and flexibility for resolution ... Read more
Oriental Bank Of Commerce Slashes One-year MCLR By Five Basis Points
The one-year MCLR is the benchmark against which most customer loans such as auto, personal and home loans are priced Read more
Yes Bank Board Member Mukesh Sabharwal Resigns
Sabharwal has mentioned that he wants to devote quality time on his academic pursuits Read more
Excess RBI Capital Must Be Used To Recapitalise PSBs: Bank Of America Merrill Lynch
It also said bank recapitalisation can indirectly support RBI objectives on the liquidity management Read more
Payswiff, Mastercard Join Hands To Accelerate Acceptance Of Digital Payments In Tier-2, Tier 3 Cities
Payswiff’s SET, a mobile application is at the core of this alliance Read more
ACB Begins Probe Into Allegations Of Corruption, Nepotism Against Former J&K Bank Chief
The Anti Corruption Bureau in Jammu and Kashmir has begun probing allegations of corruption and nepotism against former ... Read more
Forget Transmission, Some Banks Have Raised Lending Rates Since Last Repo Cut
Tight liquidity allows little leeway to reduce deposit rates Read more
The Curious Case Of Jan Dhan Balances: They Rise During Polls And Fall Thereafter
Repeats trend seen after Assembly polls in 2018 Read more
With NPS Exposure To IL&FS At ₹1,270 Cr, PFRDA Speeds Up Recovery Process
A major portion of the exposure is classified under ‘red’ category, says a PFRDA member Read more
Digital Payments Have Still A Long Way To Go, Says RBI
While India ranks as a ‘leader’ in regulation of costs of payments systems, number of ATMs deployed and availability... Read more
ATM Upgrade: Banks Use Cash Recyclers, Wait For Hike In Interchange Fee
Cash recyclers are becoming an alternative for banks as they struggle to upgrade ATMs in line with new norms and remain ... Read more