The Reserve Bank on Thursday proposed that loans for agricultural infrastructure will be subject to an aggregate sanctioned limit of Rs 100 crore per borrower from…
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…
New Delhi, The Unified Payments Interface (UPI), which was launched on August 25, 2016, has completed a decade of transforming India’s digital payments landscape, emerging as…
India crypto containment push by central bank, Bitcoin with Indian flag. Photo by BeInCrypto India’s central bank wants lawmakers to wall off the banking sector from…
MUMBAI (Reuters) -India’s federal finance ministry has sought relaxations in the new rules on gold loans proposed by the central bank, according to a post on…
New Delhi: Finance minister Nirmala Sitharaman Friday directed all banks and other financial institutions to stay alert and prepared to deal with any eventuality and ensure…
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…
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.…
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…