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Global banks in India unwind billions worth currency trades
August 11, 2021Following a warning by the Reserve Bank of India of a regulatory breach, a number of...
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RBI to penalise banks for non-availability of cash in ATMs from Oct 1
August 10, 2021Concerned over the inconvenience caused to the public due to the non-availability of cash in ATMs,...
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RBI keeps key interest rates unchanged
August 7, 2021In an effort to revive and sustain economic growth, the Reserve Bank of India (RBI) has...
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Actions against HDFC Bank, Mastercard driven by keenness to ensure compliance of norms: Das
August 6, 2021A keenness to ensure compliance to regulatory guidelines has led the RBI to initiate strong actions...
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PSOs will not outsource core management functions: RBI Framework
August 4, 2021The Reserve Bank of India has issued a detailed framework for outsourcing of activities by Payment...
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Banking sector should be empowered to deal with present challenges: Parliamentary Panel Report
August 4, 2021Coherent policy responses should be formulated to empower the banking sector to overcome challenges, especially those...
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No specific proposal to amalgamate more PSBs under consideration: MoS Finance
August 2, 2021There is no specific proposal to amalgamate more public service banks (PSBs) is currently under consideration...
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PSU banks mobilise record fund of Rs 58,700 crore from markets in FY’21
August 1, 2021Notwithstanding economic disruptions caused by the pandemic, public sector banks (PSBs) have managed to raise a...
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Writ petition wants government to frame policy for online banking frauds
August 1, 2021A writ petition has been filed before the Supreme Court for the government to come up...
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SBI waives processing fee on home loans till August-end
July 31, 2021The country’s largest lender State Bank of India (SBI) on Saturday announced waiving processing fee on...