Page 65 of Banking

sbi, electoral bonds, sbi electoral bonds, sbi electoral bonds opening, electoral bonds explained

RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank

A monetary penalty of Rs 1 crore on Punjab & Sind Bank was slapped for non-compliance with certain provisions of…

September 25, 2023 18:57 IST

Protecting depositor money sacred duty for a banker, more important than praying at temple or gurdwara: Shaktikanta Das

He said the task is more important because the entire banking system runs on deposits, which are accumulated from small…

September 25, 2023 18:26 IST

Listed firms, banks to raise over Rs 18,000 crore today and tomorrow

Total set to go over Rs 50,000 crore in September — the third time since the beginning of FY24

September 25, 2023 05:15 IST

monetary policy, policy tightening, interest rate, USDINR, consumption, US Fed, equity markets, labour market, inflation, FPI inflows, crude oil prices, Fed rate cuts

No festive holiday for the RBI: Volatility is certain to increase with conflicting domestic and global forces

In other words, positive real interest rates—when the Fed funds rate is higher than the CPI—are the norm, and the…

September 25, 2023 05:00 IST

FM meets G20 expert group on strengthening of Multilateral Development Banks

The G20 Independent Expert Group (IEG) is co-convened by former American treasury secretary Lawrence Summers and ex-chairman of the 15th…

September 23, 2023 20:52 IST

ADB appoints Bhargav Dasgupta as Vice-President for market solutions

An alumnus of Indian Institute of Management Bangalore, Dasgupta replaces Ashok Lavasa, former Finance Secretary and Election Commissioner of India.

September 22, 2023 16:30 IST

Can’t have a common approach: A regulatory quest for standards doesn’t factor in the wide on-ground differences

The market regulator is not the only one demanding higher standards of corporate governance.

September 22, 2023 06:15 IST

Banks’ reluctance to offload assets, other issues halt NARCL’s progress

In 2021, the government announced the formation of NARCL, a state-backed bad bank. It would pick up bad loans from…

September 21, 2023 02:30 IST

India’s banking system liquidity deficit jumps to over 4-year high

The shortage has kept upward pressure on overnight rates, with interbank call money and TREPS rate staying in the 6.75%-6.90%…

September 20, 2023 12:01 IST

Lessons from Lehman: It is important to understand new risks that are emerging

A big one is the entry of technology players into the world of financial services

September 19, 2023 06:00 IST

Bank lending to NBFCs jumps 23.6 pc in July to Rs 13.8 lakh crore: Report

The month also saw lower borrowings from international markets due to the prevailing elevated global interest rates following tightening of…

September 18, 2023 21:03 IST

Transitioning to paperless documentation poses challenges such as infrastructure requirements

Paperless documentation: The final piece for a truly digital banking experience

Experts believe that there’s a rise in the adoption of digital banking

September 16, 2023 11:15 IST

Standard Chartered opens private banking centre in Chennai

Standard Chartered Bank has been operating in India with a presence of over 160 years making it one of the…

September 16, 2023 05:20 IST

Ujjivan Small Finance Bank launches savings account, current account for premium segment

The annual interest rate on the Maxima Savings Account is up to 7.5%, and customers can open the account with…

September 16, 2023 05:15 IST

Payments banks should be allowed to offer Rs 2 lakh- Rs 5 lakh loans: Airtel PB MD

Presently the RBI allows payments banks to accept Rs 2 lakh in form of low-cost deposits.

September 16, 2023 01:15 IST

Axis bank latest news, Axis bank, Chirag Negandhi resigns, Axis Bank Chirag Negandhi resigns, Axis bank news

Axis Bank investment banking unit co-CEO Chirag Negandhi resigns – internal memo

Axis Capital named another co-Chief Executive Salil Pitale as the interim managing director and CEO, as per the memo.

September 15, 2023 21:02 IST

Seeing 15,000 retail CBDC transaction per day: RBI Deputy Governor T Rabi Sankar

On track to achieve 1 million CBDC transactions per day by December end.

September 15, 2023 01:20 IST

RBI NBFCs, 15 large NBFCs to comply with enhanced regulatory requirements, RBI latest news, NBFCs latest news, banking latest news

Reserve Bank says 15 large NBFCs to comply with enhanced regulatory requirements

A list of 15 large Non Banking Finance Companies (NBFCs) falling in the Upper Layer category has been released.

September 14, 2023 19:46 IST

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Missed FASTag or it is invalid! New UPI rule to lessen the toll plaza fine from Nov 15

Business29 min ago

Government introduces new rule to incentivise digital payments at toll plazas starting November 15. Vehicles without valid FASTag will be charged twice the toll fee if paid in cash, but only 1.25x if paid through UPI. The amendment aims to promote ease of commuting, transparency, and efficiency in toll collection. The change will be effective from November 15, 2025.

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