RBI signals it's ready to hunker down for the long haul as Trump's tariff blow lands on IndiaIn response to the US imposing tariffs on Indian exports, the RBI has declared its commitment to supporting India's economic growth. Govern...
AI could reshape half of the roles in India's banking sector: ReportBoston Consulting Group reports that AI adoption could reshape 35-50% of Indian banking jobs, addressing limited productivity gains despite...
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...
Reflections on a transformative year as Ficci presidentThe Federation of Indian Chambers of Commerce & Industry (FICCI) under the leadership of its outgoing president, collaborated with the Gove...
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...
Cybersecurity professionals limited, big challenge for future: SBI chief CS SettySBI Chairman CS Setty highlighted the limited supply of cybersecurity professionals as a significant challenge. Investments in cybersecurit...
Dark patterns in digital loans: Warning about customers being tricked into taking high-cost loansMis-selling has transformed into a digital format involving deceptive design interfaces and tactics, tricking users into taking high-cost, ...
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 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...
Rupee volatility low, exhibited orderly movements relative to peers: RBI Guv"On the exchange rate front, the Indian rupee (INR) has exhibited low volatility and orderly movements relative to peers despite elevated U...
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...
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...
Union Bank says lenders may be forced to convert Rs 45K-cr of their DHFL debt into equityDHFL owes over Rs 45,000 to banks, and the rest to other financiers including mutual funds, pension funds and insurers, which are not regul...
SBI Chairman Rajnish Kumar says 59-minutes loan scheme yet to make a markKumar said the bank is also planning to extend the scheme to car and auto loans because all the loans in this category are in the same quan...
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 ...
Economy can withstand China ripple effects, says RBI Deputy Governor S S MundraWhen asked has RBI led the rupee to slide, Mundra said the central bank does not allow the currency to depreciate or appreciate.
Avoid hasty rollout of Jan Dhan: Raghuram RajanRajan cautioned banks against hasty implementation of the Prime Minister's Jan Dhan Yojana — a scheme aimed at providing every household wi...