Search For "banking system"
UAE banking sector capitalised with adequate liquidity buffers: Report
Updated : 2 years, 8 months ago IST
The report discusses global and local macroeconomic conditions, and domestic asset markets, and provides a detailed assessment and evaluation of the UAE banking system. This is in addition to outlining the variety of tools deployed by the CBUAE as part of its macroprudential mandate, as well
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RBI says 76 pc of Rs 2,000 notes returned to banking system
Updated : 2 years, 8 months ago IST
About 76 per cent of the Rs 2000 banknotes have returned to the banking system since the Reserve Bank of India (RBI) in May decided to withdraw the high-value note from circulation.
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Money was lent to "not-so-worthy" customers under UPA, resulting in NPAs:
Updated : 2 years, 8 months ago IST
"Before our government came to power in 2014, difficulty in the Indian banking system actually started because of irrational 'Phone Banking' which happened during the tenure of the UPA government. Back then, the priority in lending was given to not-so-worthy customers in an unprofessional
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Indian GDP growth reaches 7.2 per cent, indicates impact of banking clean-
Updated : 2 years, 9 months ago IST
New Delhi [India], June 14: The stability of economies across the world saw wide-ranging volatility throughout the previous decade of the 2010s. Branching off from the above turbulent times, the banking sector in India had found itself in precarious times since the mid-2010s which sparked an
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Time right to address governance gaps in banking, says RBI deputy governor
Updated : 2 years, 9 months ago IST
Deputy Governor at the Reserve Bank of India, Rajeshwar Rao, said time is right to address the gaps in governance frameworks in banks as the overall banking sector in India at the moment is sound, resilient, and financially healthy.
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US Treasury Secretary Yellen told bank CEOs more mergers may be necessary,
Updated : 2 years, 9 months ago IST
The comments from Yellen provided further evidence that Biden officials are starting to warm up to the idea of bank mergers despite concerns from progressives and the administration's own scrutiny of corporate concentration.
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Management's failure to deal with risks, lack of supervisory oversight san
Updated : 2 years, 10 months ago IST
One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which was struggling, first collapsed on March 10, after a run on the bank by the depositors.
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Recent bank failures show need for vigilance: US Federal Reserve
Updated : 2 years, 10 months ago IST
One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which was struggling, first collapsed on March 10, after a run on the bank by the depositors.
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Indian banking system better positioned amid turmoil in US: Crisil
Updated : 2 years, 10 months ago IST
Indian banking system is better positioned to tackle rising interest rates and the impact of the ongoing US banking turmoil on Indian lending conditions is expected to be limited, according to Crisil.
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Regulatory standards for failed Silicon Valley Bank "were too low", finds
Updated : 2 years, 10 months ago IST
Regulatory standards for the recently failed Silicon Valley Bank in the US "were too low" and the supervision did not work with sufficient force and urgency, a review of the supervision and regulation of the bank led by US Federal Reserve Vice Chair for Supervision Michael S Barr found.
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RBI governor says looking at business models of banks more closely
Updated : 2 years, 10 months ago IST
A resilient bank needs to be financially, operationally and organisationally resilient and should have adequate capital buffers to be able to generate earnings even in times of severe macroeconomic shocks, said Reserve Bank of India governor Shaktikanta Das, adding that it has started loo
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Indian banking system not affected by recent instability in advanced econo
Updated : 2 years, 10 months ago IST
The Reserve Bank of India Governor Shaktikanta Das on Thursday said the Indian banking system has remained resilient and has not been affected adversely by the recent crisis seen in the banking system in some advanced economies.
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