Banks hiring more officers, fewer clerks and sub-staff
India’s banking sector continues to be labour intensive but digital technologies are changing the composition of the workforce, more so
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Reserve Bank of India
Reserve Bank of India revises fraud norms
RBI issued three revised master directions on fraud risk management for Regulated Entities such as commercial banks including regional rural
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RBI levies penalty on co-op banks for non-compliance
The Reserve Bank of India (RBI) has taken an action against Navsarjan Industrial Co-operative Bank Ltd., situated in Ankleshwar, District
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RBI reports that over 97% of the Rs. 2,000 notes were returned.
Up until October 31, over 97% of the Rs 2,000 notes that were announced to be withdrawn by the Reserve
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Unsecured loans are not a problem, according to SBI Chairman
Chairman of State Bank of India Dinesh Khara stated that the segment’s gross non-performing assets (NPAs) stand at a mere
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RBI imposes fine on two state-owned banks
The Reserve Bank said it has imposed penalties on three state-owned banks, including SBI and Indian Bank, for violation of
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Financial savings up 14% in absolute terms, says Patra
Financial savings in absolute terms increased by 14 per cent in 2023, the Reserve Bank of India Deputy Governor Michael
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Bank staff’s first duty is to meet needs of customers, not targets
Banks must ensure their employees understand that the primary responsibility is to serve a customers’ financial needs, while maintaining a
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Banks likely to raise deposit rates to meet credit demand
With the excess liquidity in the banking system getting absorbed due to the Reserve Bank of India’s (RBI) incremental cash
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RBI asks states to improve expenditure quality
Reserve Bank of India governor Shaktikanta Das has asked state governments to focus on fiscal consolidation and improve quality of
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