RBI’s MPC will not tinker interest rate, to maintain hawkish stance: Economists
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will not change the repo rate at their meeting next…
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will not change the repo rate at their meeting next…
The Reserve Bank of India (RBI) will highlight its digital payments infrastructure at the forthcoming G20 summit, with central bank…
The YoY credit growth to retail and wholesale trade in July last year was 14.2 per cent from Rs 6.30 lakh crore deployed in July 2021.
Of the total notes received, about 87 per cent were in the form of deposits and the remaining 13 per cent were exchanged with lower denomination bills, the central bank said.
Besides undertaking enforcement action against unregistered finfluencers who breach SEBI regulations, the regulator proposes to disrupt the revenue model for…
According to Union Information and Broadcasting Minister Prakash Javadekar, the move will give an assurance to 8.6 crore depositors in these banks that their money will stay safe.
The bank's total capital adequacy ratio had stood at 8.5 per cent, including the tier-I ratio at 6.5 per cent as of March 31 this year.
On September 23, last year, the RBI had placed regulatory curbs on the PMC Bank, Mumbai after it came across certain financial irregularities.
The latest document for FMIs (Financial Market Infrastructures) and RPSs has been updated to incorporate the supervisory framework for the payment system entities.
Uday Kotak is one of the few longest-serving CEOs in the private sector banking space, helming Kotak Mahindra Bank since 2003.
