Banks won’t auction stressed loans covertly
Under a new framework that high-street banks agreed recently, lenders will have to ensure that the decision to auction loans
Read moreUnder a new framework that high-street banks agreed recently, lenders will have to ensure that the decision to auction loans
Read moreThe Reserve Bank of India (RBI) said State Bank of India, ICICI Bank and HDFC Bank continue to remain Domestic
Read moreBanks have to ensure that none of their core banking activities are outsourced at any point in time, according to
Read moreAfter RBI’s move to increase repo rate by 35bps, a number of lenders hiked their benchmark lending rates, a move
Read moreRBI has asked banks to exercise caution in their business plans going forward, specifically on lending to companies with a
Read moreDeposit growth in the system has been trailing credit growth for quite some time now. According to the Reserve Bank
Read moreBanks are not adequately pricing in credit risk as the liquidity condition tightens and interest rates remain high, said State
Read moreIn a major embarrassment for top insurance companies and intermediaries, such as banks and NBFCs that distribute policies, the Directorate
Read moreBanks have pitched for including loans towards electric vehicles and green hydrogen to be classified under the priority sector lending.
Read moreThis year’s Nobel Prize in economic sciences has been awarded to the former chair of the U.S. Federal Reserve, Ben
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