Banks should undertake diligence measures and meticulous monitoring to identify accounts, which are operated as money mules and take appropriate…
Every risk must be provided for, says RBI guv
To address the issue, the regulator is nudging lenders to enhance the quality of their disclosures, DG Rao said.
Credit growth continues to outpace deposits
In April, Bandhan Bank founder Ghosh declared that he will retire at the end of his third tenure on July…
Incumbent MD and CEO Chandra Shekhar Ghosh is set to retire on July 9. According to sources, two internal executive…
The brand name and leadership roles will remain unchanged post acquisition.
To promote green funding, banks also need interest subvention.
Bank veteran to replace Dinesh Khara, who retires in August
M&M Finance’s loan book has grown by 24% year-on-year to Rs 1.02 trillion as on FY24 end.
The biggest growth driver, Das said, was the introduction of the Goods and Services Tax (GST), and introduction of the…
SLBCs need a scientific approach for preparing annual credit plans.
In his first interaction after taking charge on April 29 this year, Rebello tells FE that the NBFC will grow…
Goyal, after a long pause, voted for a rate cut and the change in the stance in the June MPC…
MPC minutes show rising dissent in panel.
Green deposits are long-term deposits used to fund climate-friendly projects and develop a green financing ecosystem.
Since the move on unsecured loans, credit card outstanding loan growth declined from 30% year-on-year (y-o-y) in November to 25%…
‘It is better to stay the course (on disinflation) and be watchful and play ball by ball’
