Fifty per cent of Rs 2,000 notes back with banks: RBI Governor Shaktikanta Das He said broadly on a provisional basis, about 85% of Rs 2,000 notes are coming back as deposits into bank… By Piyush ShuklaUpdated: June 9, 2023 07:18 IST
RBI signals long pause, FY24 inflation forecast trimmed The Monetary Policy Committee (MPC) of the Reserve Bank of India kept the benchmark repo rate unchanged at 6.50% and… By Piyush ShuklaUpdated: June 9, 2023 06:55 IST
Banks to be given ample time to implement ECL model: Shaktikanta Das The Reserve Bank of India’s (RBI) monetary policy committee (MPC) on June 8 voted to keep benchmark repo rate unchanged… By Piyush ShuklaJune 9, 2023 00:05 IST
‘The target is to disburse Rs 90K-cr digital loans in current fiscal’ Public sector major Bank of Baroda (BoB) is targeting disbursal of Rs 90,000 crore in digital advances in FY24, chief… By Piyush ShuklaUpdated: June 8, 2023 09:24 IST
Kerala High Court’s ruling on education loans leaves banks in a bind Bankers said the performance of education loans across the banking system has historically been poor. By Piyush ShuklaJune 8, 2023 01:05 IST
RBI panel moots a host of customer-centric initiatives The committee has also suggested measures for the benefit of pensioners. By Piyush ShuklaJune 6, 2023 02:30 IST
Time right to address governance gaps in banking: Rao The recent crises in the US banking system have highlighted that the boards of banks should set clear expectations from… By Piyush ShuklaJune 6, 2023 00:30 IST
Banks’ digital payments frauds nearly double in FY23 While 3,596 frauds amounting to 155 crore using cards and internet banking services were reported in FY22, the volume nearly… By Piyush ShuklaUpdated: June 5, 2023 08:11 IST
MPC to opt for pause At its meeting on June 8, the Reserve Bank of India’s (RBI) monetary policy committee (MPC) will likely vote to… By Piyush ShuklaJune 3, 2023 05:45 IST
Private banks grow deposits at a faster pace in FY23 In absolute terms, deposit growth is higher at public sector banks By Piyush ShuklaJune 2, 2023 01:45 IST
First Metro in Old Gurugram! Huda City Centre-Cyber City corridor gets approval – List of stations and more