Banking and business groups sued the US Federal Reserve over the central bank's annual stress tests, saying they're seeking more transparency in how the rules are adopted. The groups, including…
(Photo: IIM Lucknow website)2 min read Last Updated : Oct 11 2024 | 6:42 PM IST Leading banks and top consultancy firms lined up at the Indian Institute of Management…
MUMBAI: Banks that have a large conglomerate structure will now have to consolidate similar activities under one entity, according to RBI's new draft circular for banks. RBI has also asked…
CHENNAI: Chief economic advisor V Anantha Nageswaran said that banks should adapt in accordance with changing customer preferences and market dynamics in order to remain competitive while addressing an event…
MUMBAI: Even as analysts are forecasting the monetary policy committee meeting this week to vote for another pause with a rate cut pushed to December, banks have been selectively raising…
NEW DELHI: Banks will be asked to tap into the "digital footprint" of small businesses, including salary payments, electricity bills and municipal taxes paid by them, along with GST and…
NEW DELHI: Finance minister Nirmala Sitharaman on Friday said there has been no leniency in recovering bad loans, especially from large defaulters, and banks have turned around, reporting record profit…
NEW DELHI: The Reserve Bank of India's Annual Report, released on Thursday, revealed that unclaimed deposits in banks have surged by 26% year-on-year, reaching Rs 78,213 crore by the end…