Private sector lender Yes Bank has mobilised around $2 billion through FCNR(B) deposits under the Reserve Bank of India’s (RBI’s) concessional forex swap window, with most…
Mumbai: Banks have sought regulatory clearance to close unsettled cross-border trades of clients which over the years have touched almost ₹1 lakh crore, with many unmatched…
As per a 2022 circular, Tata Sons, among other large NBFCs, was asked to get listed by September last year based on RBI’s scale-based regulation. File…
MUMBAI, Aug 31: Bank credit to industry grew by 20 per cent in July, while advances to the agriculture sector expanded at a faster pace of…
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…