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Nabfid and Nabard set to raise $1 billion in external borrowings this fiscal yearNabfid plans to raise up to $1 billion through bonds and external commercial borrowings (ECB) this fiscal year, according to Managing Direc...- Nabard aims to undertake maiden external commercial borrowing in FY26: ChairmanNabard plans its first external commercial borrowing in fiscal year 2026. Reserve Bank has already given its approval. The funds will suppo...
- RBI Governor Sanjay Malhotra says India must push 'frontiers of growth' amid choppy global environmentRBI Governor Malhotra highlighted the global economy's challenging phase, citing trade frictions, uncertainty, and geopolitical tensions at...
- Expect new MPC members to be in place in time: Shaktikanta DasReserve Bank Governor Shaktikanta Das anticipates the timely appointment of new external members to the Monetary Policy Committee (MPC) bef...
- India at critical juncture, geared for orbital shift; massive changes taking place: Shaktikanta Das at FICCI eventRBI Governor Shaktikanta Das addressed the FIBAC 2024 event, highlighting India's economic growth prospects and the need to cut down on noi...
- Expect up to 50 bps impact on capital buffers on RBI's unsecured loans move: BoBBank of Baroda's Chief Executive and Managing Director Devdutt Chand has said that the Reserve Bank's risk weight tinkering could impact th...
- RBI guards against contagion risk from exuberant retail lending. 5 key takeawaysBanks and NBFCs should ensure that credit growth at the overall, sectoral, and sub-sectoral levels remain sustainable and all forms of exub...
- RBI Governor Shaktikanta Das asks NBFC-MFIs to be judicious in using flexibility on interest ratesIt can be noted that following the crisis in the microfinance segment in Andhra Pradesh that had also led to the creation of the NBFC-MFI s...
- SBI's unsecured lending to see moderation after RBI's tightening: Chairman"Whatever we were doing, we will continue to do, but there will be a moderation," Dinesh Kumar Khara told reporters on the sidelines of a F...
- RBI Guv Das flags increasing interconnectivity between banks and NBFCsReserve Bank of India (RBI) Governor Shaktikanta Das emphasized the increasing connectivity between banks and Non-Banking Financial Compani...
- Transparency is not being compromised, will make inflation letter to government public: RBI Governor Shaktikanta DasAllaying concerns around lack of transparency, Reserve Bank of India Governor Shakikanta Das on Wednesday said that its letter to the gover...
- Physical and digital modes of financial services to co-exist in India: SBI chairman Dinesh Kumar Khara"In India, we serve a variety of customers. We also serve those who are digital savvy and who would not like to have anything physical but ...
- Banks must stress good compliance culture: RBI Deputy GovernorFrom January to July, RBI has imposed penalties on 70 occasions totalling Rs 122.9 crore.
- Resolve stressed assets on time in your interest: RBI to banksRBI will be coming out with the final guidelines for private and foreign bankers' compensation soon.
- SBI aims to eliminate debit cards"...it is our wish to eliminate the debit cards, and am sure we can eliminate them," the SBI chairman has said.
- Need to raise farm sector's credit absorption capacity: Reserve Bank Deputy Governor SS MundraTypically farmers get crop loans of up to Rs 3 lakh at 7% interest, the effective rate for them is only 4% as the rest is subsidised by the...
- Raghuram Rajan asks banks to improve cyber security systems"There have been cyber incidents in the recent past. I think it would be overly complacent for anyone of us to say we are well prepared to ...
- Why banking apps vie for eyeballs with Candy Crush“Most consumers today have a 16GB smartphone. With a limited memory on their phone, sometimes we are competing with even Zynga Poker and Ca...
- RBI again warns of perils of Bitcoins, crowd-funding"These innovative developments, which have the potential to be disruptive, may not be so desirable or may be of questionable relevance," Ga...
- RBI deputy governor fears digital money could fund illegal, terrorist activitiesGandhi raised serious concern on digital money while stating, "these can be involved in money laundering, tax evasion and terrorist funding...
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