Search For "bank"
Effective management, governance, compliance practices essential to safegu
Updated : 3 years, 1 month ago IST
These remarks were made by RBI deputy governor Jain at the Conference of Directors of Banks, organised by the RBI for public sector banks on May 22 in New Delhi. He also addressed private sector banks on May 29 in Mumbai.
Read More
RBI plans a light weight and portable payment system, independent of conve
Updated : 3 years, 1 month ago IST
According to the Reserve Bank of India's annual report of 2022-23, the payment system is expected to operate on minimalistic hardware and software and would be made active only on a need basis.
Read More
Robust kharif harvest, fresh crop arrivals, government interventions helpe
Updated : 3 years, 1 month ago IST
The central bank said there were upward pressures from an early onset of summer, heat waves and unseasonal rains on food prices in the first half of the year
Read More
India's growth momentum likely to be sustained in 2023-24 amid easing infl
Updated : 3 years, 1 month ago IST
The Reserve Bank of India (RBI) has said India's growth momentum "is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures"
Read More
Delhi HC reserves order on another PIL challenging RBI decision to withdra
Updated : 3 years, 1 month ago IST
The Division bench of Justice Satish Chander Sharma and Justice Subramonium Prasad on Tuesday reserved the order in the matter after noting down the submissions of petitioner and repondents. The RBI has opposed the plea stating that Rs 2000 note continues to be legal tender.
Read More
"Change came in 2014...": Railways Minister Ashwini Vaishnaw on 9 years of
Updated : 3 years, 1 month ago IST
Union Railways Minister Ashwini Vaishnaw on Monday said that the country is witnessing changes after 2014 when Prime Minister Narendra Modi came to power for the first time as needy, poor and north-east were considered just a vote-bank before him.
Read More
RBI holds conference for directors on boards of Private Sector Banks
Updated : 3 years, 1 month ago IST
The Reserve Bank on Monday held a conference for the directors on the boards of Private Sector Banks. The conference was held in Mumbai.
Read More
State Bank of India raises USD 750 million via bonds on India INX
Updated : 3 years, 1 month ago IST
The funds were raised at India INX's Global Securities Market (GSM), GIFT International Financial Services Centre in Gujarat. India International Exchange (IFSC) Limited (India INX) is the first international exchange at GIFT IFSC Gujarat.
Read More
Paisabazaar closes FY'23 at an annualised loan disbursal rate of over Rs 1
Updated : 3 years, 1 month ago IST
Gurgaon (Haryana) [India], May 29: Paisabazaar, part of the PB Fintech Group, today announced that it has reached an annualised loan disbursal rate of over Rs 15,000 crore in March 2023. Paisabazaar registered a 76% year-on-year growth in loan disbursals, disbursing Rs.11,619 crore in FY
Read More
Bajaj Finance offers Quick Financing Solutions with Instant Gold Loans sta
Updated : 3 years, 1 month ago IST
Pune (Maharashtra) [India], May 29: Gold, a symbol of wealth and value, has played a crucial role in helping people meet their financial needs throughout history. Bajaj Finance Gold Loans, with their user-friendly features, present a quick and easy solution for a wide range of personal an
Read More
Bull-run prevails as Sensex jumps 345 points; banking stocks lead rally
Updated : 3 years, 1 month ago IST
BSE 30-share Sensex went up 345 points and settled higher at 62,846 while NSE Nifty surged 99 points and ended at 18,599. Nifty had an intra-day high of 18,641. The Bank Nifty hit a fresh all-time high at 44,483. BSE banking index eventually ended 0.7 per cent higher at 44,312.
Read More
RBI governor Shaktikanta Das flags governance gaps in certain banks
Updated : 3 years, 1 month ago IST
The Reserve Bank of India has come across gaps in corporate governance for certain banks and such gaps have the potential to cause volatility in the overall banking sector, said its governor Shaktikanta Das.
Read More