RBI tackles unclaimed deposits
The Reserve Bank of India is actively working to resolve the issue of unclaimed deposits to safeguard the interests of
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Wilful defaults: RBI reveals top 100; 2,664 corporates owe Rs. 1.96 lakh cr
A STAGGERING 2,664 corporates have been classified as wilful defaulters, failing to repay bank loans despite having the means to
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IBA suggests FinMin for training sessions of bankers to handle fraud
The Indian Banking Association (IBA) has suggested to the finance ministry to direct public sector banks (PSBs) to organise regular
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Gold loan outstanding of banks rises 43.4% in 1st half of FY25
Banks have reported a steep 43.4 per cent rise in gold loan disbursements in the first six months (April-September) of
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Banks offer to park higher amount with RBI via VRRR route
In an indication of excess liquidity, the Reserve Bank of India received bids worth Rs. 58,525 crore from banks against
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Banking Editorial December 2024
The Indian banking and finance sector continues to demonstrate resilience and adaptability, even amidst evolving challenges and dynamic economic conditions.
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BEYOND THE RATE HIKE:UNDERSTANDING THE EFFECTS OF MONETARY POLICY TIGHTENING IN INDIA
Abstract: India, like many nations, faced rising inflation in 2021. To combat this, the MPC implemented a series of aggressive
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RBI holds repo rate for 9th time in a row at 6.5%
RBI decided to keep policy rates on hold for the ninth consecutive time, citing strong demand and the need to
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RBI mandates fortnightly credit information reporting
The Reserve Bank of India (RBI) mandated the frequency of credit information reporting to fortnightly basis as a measure to
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Now, cheques to be cleared in a few hours
Reserve Bank of India (RBI) has proposed continuous clearing of cheques with ‘on-realization-settlement’ Cheque Truncation System, instead of the current
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