Fetching Fugitive Offenders through Fugitive Economic Offenders Ordinance
It is often seen that people first indulged in looting and then refuse to submit to the jurisdiction of our
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banks
RBI aks banks to strengthen governance
RBI governor Shaktikanta Das asked banks to further strengthen the governance standards, risk management practices and compliance culture. As part
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Four PSU banks pay Rs.6,481 crore dividend to Govt
Four public sector banks, including Canara Bank and Indian Bank, presented dividend cheques worth Rs 6,481 crore to Finance Minister
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Banks’ gross NPA ratio eases to 12-year low of 2.8% in March
The gross non-performing assets (GNPA) ratio of scheduled commercial banks, which moderated to a 12-year low of 2.8 per cent
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Banks must have robust policies, processes: RBI
The Reserve Bank of India said it is imperative that banks have robust governance policies and processes commensurate with their
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Banks seek one more month to comply with international card spend rule
Lenders have sought a one-month extension from the government to comply with the Liberalised Remittance Scheme (LRS) for international credit
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Banks need to look beyond bulk deposits to fund loans
RBI said that banks must reduce their reliance on wholesale deposits to fund loans and be watchful of the risks
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Banks must take responsibility when using AI: EU
Banks and investment firms in the European Union cannot OpenAl strikes deals with The boardroom has a legal obligation to
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Banks reported surge in frauds in FY24
As many as 36,075 frauds were reported in banks in the financial year 2023-24 (FY24), growing nearly 166 per cent
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Charging of interest rates: RBI detects overcharging by banks, asks them to refund borrowers
The Reserve Bank of India (RBI) has come across instances of lenders resorting to certain unfair practices in charging of
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