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RBI detects dark patterns
Central bank would not remain a passive regulator and it would take a hard look at risk management framework for lenders on liquidity and market risk
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Banks begin provisioning for wage hike
The finance ministry has asked the Indian Banks' Association to initiate discussions on wage settlement and complete the settlement by December 1, 202
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Banks may work for 5 days a week now
The Indian Banks Association has given its approval to the proposal of working five days a week in banks
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Top-up loans to ease burden of stuck projects
Reserve Bank of India exploring a special tool designed to empower banks to offer additional finance to customers who have been granted restructuring
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Interest rates hit real estate sector
Inflows into small cap funds jump 67%; Hyundai Exter launched @Rs 5.99 lakh; HDFC Bank extends date special FD scheme; Utkarsh Small Fin Bank fixes IP
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Lockers for jewellery, not cash, arms
While documents and valuables such as jewelleries can be stored in lockers, cash, weapons, hazardous substances or narcotics are to be declared as str
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PSBs told to revise staff accountability norms for NPAs
The guidelines will be implemented from April 2022 for bad loans on or after April 1 that year.
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Explained: New RBI Bank Locker Rules
RBI has instructed all bank boards to frame an agreement for safe deposit lockers based on a model locker agreement to be framed by IBA
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RBI eases rules on opening current account
RBI’s decision will help small businesses with bank exposure of less than Rs 5 crore
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Finance minister Nirmala Sitharaman sets up framework for bad bank
The announcement was made in line with the proposal to set up the NARCL to aggregate the toxic assets that have been lying for a long time.
