
In a world where experiences hold more value than mere possessions, the AURUM Credit Card emerges as the epitome of…
‘Banks need to focus on building liabilities at an optimum cost because the growth in advances has been very sharp,’…
The company’s assets under management stood at around Rs 9,000 crore as on December 31. It expects the AUM to…
Most of the private lenders have reported year-on-year (YoY) decline in their net interest margin, impacted by the hike in…
The current account savings account (CASA) ratio of South Indian Bank will likely return to its peak level of 34%…
On a sequential basis, however, RBL Bank’s profit was 21% lower as it made contingent provision ofRs 115 crore for…
The Bank’s Net Interest Income (NII) marginally declined by 4.04 per cent on YoY basis to Rs 3152 crore in…
Earlier in the day, the Department of Personnel and Training issued an order in respect of central institutions and central…
Swaminathan also outlined RBI’s expectations from the board/ top management of the regulated entities by emphasising that a well-functioning Internal…
The purpose for which Government guarantees are issued should be clearly defined and those data may be published as per…
Mammen has also urged the government to create a guarantee fund for the smaller microfinance institutions with National Bank for…
Indian Renewable Energy Development Agency (IREDA) and Indian Overseas Bank have joined hands by signing a memorandum of understanding (MoU).
History shows a single mandate works better for central bank performance. However, the developments in the last few years suggest…
Fintechs must build consensus on membership criteria, multiple SRO approach.
The CD ratio of some small finance banks has gone above 100%, much higher than the industry average of 80%.
The RBI, in a draft circular, proposed all deposit-taking HFCs raise their total liquid assets, along with unencumbered approved securities,…
Banks, NBFCs, and other entities regulated by the RBI were given an extension of three months till April to implement…