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RBI panel for no cap on promoters stake in pvt banks
This may continue as a minimum of 40% of the paid-up voting equity share capital of the bank for the first five years.
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Banks see rise in wilful defaults
The total outstanding amount that wilful defaulters owe to banks stood at ₹6.85 lakh crore as of in June
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Doorstep banking will be a key focus area of Jan Dhan 3
Under the third round of financial inclusion programme, the Centre wants to make banking facilities available within 5 km of habitats
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RBI unlikely to allow an exception for ownership changes
Central bank working on comprehensive norms that will also deal with corporate ownership of lenders
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PM SVANidhi Scheme: Know all details about this govt scheme
The scheme is valid till March 31, 2022.
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Let’s decode the credit score, so you know where you stand
CIBIL score is one of the essential indicators that practically every financial institution looks at
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Core earnings banks remain under pressure in second quarter
Slow growth in credit and a fall in loan yields due to low interest rates are the reasons
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Multinational banks, RBI discuss changes needed in banking and forex regulations for T+1 norms
Custodians ask the central bank to open a dollar placement window and extend forex trading hours
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Banks core earnings shrink amid multiple headwinds
Gross interest income declined for a second consecutive quarter in FY22
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Financial inclusion: Social benefits
India has left China behind in the financial inclusion drive, says a SBI study.
