Page 48 of Banking

As a result, the government earned a dividend of Rs 13,804 crore, 58 per cent higher than the Rs 8,718…

The gross non-performing asset ratio of banks is expected to fall to 2.80-2.90% by March 31, from nearly 3% as…

This assumes significance as the Reserve Bank of India (RBI) has reportedly nudged certain lenders with CD ratios over 100%…

Small and new banks like ESAF will take time to build the current account base, he said.

The penalty was on the back of non-compliance with RBI directions.

Out of 12 public sector banks (PSBs), four were complying with MPS norms as on March 31, 2023.

The report, which investigated data privacy in the banking journeys of the top 10 banks in India, said eight out…

It has also imposed a penalty of Rs 29.55 lakh on private sector lender Bandhan Bank for non-compliance with certain…

PSBs’ share declines to 59% as of December, from 66% in FY18

The RBI had conducted a dollar/rupee sell-buy swap auction for a notified amount of $5 billion on March 8, 2022.