Fulfilling its promise of appointing a nodal officer for all policy issues related to Urban Co-operative Banks, the Reserve Bank of India has appointed a […]
Tag: rbi
Bank of Maharashtra tops PSU lenders chart in profit and loan growth in FY23
State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms […]
Strong performance of Indian banks to continue, says S&P analyst
S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve. “Indian banks’ […]
Cash withdrawals at ATMs rise 235% since 2016 demonetisation
Mumbai: Cash is still king more than 76 months after demonisation. Cash withdrawals from ATM rose 235% to ₹2.84 lakh crore at the end of […]
Bankers seek fee on RuPay debit card use
India’s high-street banks have reached out to the government seeking a merchant discount rate (MDR) on RuPay debit cards on the grounds that it will […]
‘BRICS bank off to a good start in India, states seeking project funds’
India needs a comprehensive country strategy to guide the India-NDB (New Development Bank) partnership as state authorities are now more willing to take funds from […]
Mehsana Urban Co-op Bank crosses business mix of Rs 13,000cr
Gujarat based Mehsana Urban Cooperative Bank (Multi-State Scheduled Bank) crossed the business mix of more than Rs 13,000 crore and earned a profit of Rs […]
Aadhar or ID cards are not required for exchanging Rs 2,000 notes
If you are going to exchange Rs 2,000 notes, then you don’t need to show any government issued identity card like Aadhaar at the bank […]
Withdrawal of Rs 2000 to have favourable impact on deposits, interest rates: SBI study
An SBI study on Tuesday said the withdrawal of Rs 2000 currency note is likely to be a non-event but it will have a favourable […]
RBI Governor addresses board members of PSU banks on governance, ethics
Reserve Bank Governor Shaktikanta Das on Monday met the board of directors of all public sector banks to discuss issues related to governance and ethics. […]