After a year of relevant provisions being suspended amid the coronavirus pandemic, fresh proceedings under the Insolvency and Bankruptcy Code (IBC) can now be initiated
Shaktikanta Das said upgradation of IT infrastructure and improving customer services together with cybersecurity measures are other key issues that also need attention from the banks
While only 17% could retain their job or primary source of income during the lockdown, 96% of households surveyed have not been able to build resilience for sustenance beyond 4 months
Insurers not to increase waiting period for policyholders; around 1.28 crore lives were covered by COVID-specific policies with a total premium of over Rs 1,000 crore
Shaktikanta Das said he has 'reasons to believe' that the government is in agreement with the 'major concerns' flagged by the RBI about the cryptocurrencies