Focus on “short-termism” at the leadership level is a worrisome trend in the financial services sector, according to Uday Kotak, founder and non-executive director, Kotak Mahindra…
The recent disclosures by the IndusInd Bank about discrepancies in account balances related to currency derivatives have raised concerns whether it’s just IndusInd Bank or others…
“The most surprising part has been that, the de-linking sort of. And the degree of sell-off in many of the segments of the market also, like…
Thirteen years ago, in FY11, public sector banks employed 755,102 people, while at the end of FY24, the number stood at 756,015, the RBI data showed.…
Indian government bond yields traded higher on Monday, with the benchmark 10-year yield hovering around 6.7367%, driven by an uptick in U.S. Treasury yields. Investors’ attention…
Karur Vysya Bank (KVB) on 23 August announced that the Reserve Bank of India (RBI) granted its approval for SBI Mutual Fund (SBI MF) to acquire…
Finance Minister Nirmala Sitharaman in a recent press conference after a board meeting with Reserve Bank of India (RBI) called on banks to develop innovative and…
Mumbai: The Reserve Bank of India may or may not ease its stance of withdrawing monetary accommodation on Thursday but borrowing costs in the economy have…
As we are closing in on the date of the Union Budget presentation, the banking sector is betting on policy continuity on infrastructure spend. The industry…
A wide gap between higher borrowings and sluggish bank deposits—making for the worst deposit crunch in two decades—has the Reserve Bank of India concerned about the…