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Banking

RBI's policy on expected lines, softening of stance a front-loaded move: Bankers

Among the foreign lenders, Zarin Daruwala of Standard Chartered Bank said the status quo decision is backed by strong economic projections for FY25, and the shift to a neutral stance comes from the RBI's confidence in reigning inflation within the target range.

09 October 2024, 16:48 IST

RBI's policy on expected lines, softening of stance a front-loaded move: Bankers

RBI's policy on expected lines, softening of stance a front-loaded move: Bankers

RBI's policy on expected lines, softening of stance a front-loaded move: Bankers

09 October 2024, 16:48 IST

Courts not experts to prepare uniform banking code for foreign exchange transactions: Delhi High Court

The court was hearing a Public Interest Litigation (PIL) by petitioner and advocate Ashwini Kumar Upadhyay flagging loopholes in the system in relation to transfer of foreign funds which could be used by separatists, Naxals, Maoists, fundamentalists, and terrorists.

26 September 2024, 10:20 IST

Courts not experts to prepare uniform banking code for foreign exchange transactions: Delhi High Court

Courts not experts to prepare uniform banking code for foreign exchange transactions: Delhi High Court

Courts not experts to prepare uniform banking code for foreign exchange transactions: Delhi High Court

26 September 2024, 10:20 IST

Banks to play major role in making India developed nation: FM Sitharaman

The minister also highlighted the rising popularity of the UPI in driving digital payments, saying 45 per cent of all real-time digital payments globally take place in India.

19 September 2024, 11:58 IST

Banks to play major role in making India developed nation: FM Sitharaman

Banks to play major role in making India developed nation: FM Sitharaman

Banks to play major role in making India developed nation: FM Sitharaman

19 September 2024, 11:58 IST

RBI plans to revamp currency management infrastructure to cater to future cash needs

The expected timeline for the whole project is 4-5 years, according to the expression of interest (EoI) issued by the Reserve Bank of India (RBI) for procurement of consultancy and project management services for the modernisation of currency management infrastructure.

15 September 2024, 09:31 IST

RBI plans to revamp currency management infrastructure to cater to future cash needs

RBI plans to revamp currency management infrastructure to cater to future cash needs

RBI plans to revamp currency management infrastructure to cater to future cash needs

15 September 2024, 09:31 IST

Credit growth outpacing deposit growth could lead to liquidity challenges: Report

Raising deposits to keep pace with loan growth and keeping the credit cost low remains on the top of banks' agenda, a FICCI-IBA report said.

10 September 2024, 11:14 IST

Credit growth outpacing deposit growth could lead to liquidity challenges: Report

Credit growth outpacing deposit growth could lead to liquidity challenges: Report

Credit growth outpacing deposit growth could lead to liquidity challenges: Report

10 September 2024, 11:14 IST

India’s deposit crunch has a taste of China’s past

From next year, banks in India will have to hold more safe assets like cash and government securities to meet the risk of runoff from internet-enabled accounts.

03 September 2024, 04:47 IST

India’s deposit crunch has a taste of China’s past

India’s deposit crunch has a taste of China’s past

India’s deposit crunch has a taste of China’s past

03 September 2024, 04:47 IST

SBI working on new version of digital banking platform: Khara

In his special address, Khara also said that a banker should always keep risks in mind, even though people tend to ignore the risk but that shouldn't happen.

29 August 2024, 17:08 IST

SBI working on new version of digital banking platform: Khara

SBI working on new version of digital banking platform: Khara

SBI working on new version of digital banking platform: Khara

29 August 2024, 17:08 IST

Is Elon Musk the bankers' Moby Dick? Not yet

Big banks study the full package of what their whales are worth over years. Since the financial crisis of 2008, the strategy across Wall Street has been to focus on ever-smaller groups of the very biggest clients, and get from them the greatest share of revenue for everything they might do in the corporate and personal worlds. Musk epitomizes this model.

22 August 2024, 10:39 IST

Is Elon Musk the bankers' Moby Dick? Not yet

Is Elon Musk the bankers' Moby Dick? Not yet

Is Elon Musk the bankers' Moby Dick? Not yet

22 August 2024, 10:39 IST

Karnataka banks continue to miss targets set for Atal Pension Yojana penetration

Mamta Shankar, Whole Time Member (Economics), Pension Fund Regulatory and Development Authority (PFRDA), said that they expect more from banks in urban areas, which is underperforming as compared to rural areas.

10 August 2024, 03:53 IST

Karnataka banks continue to miss targets set for Atal Pension Yojana penetration

Karnataka banks continue to miss targets set for Atal Pension Yojana penetration

Karnataka banks continue to miss targets set for Atal Pension Yojana penetration

10 August 2024, 03:53 IST

Banking law amendments propose four nominees to an account

The tenure of cooperative bank directors (other than chairperson and whole-time director) is proposed to be increased to 10 years from the current 8 years.

10 August 2024, 02:39 IST

Banking law amendments propose four nominees to an account

Banking law amendments propose four nominees to an account

Banking law amendments propose four nominees to an account

10 August 2024, 02:39 IST