RBI internal working group recommends promoters to hold higher stake in private banksThe working group in its proposal has also favourably looked at allowing industrial houses as bank promoters only after making legislative ...
Govt appoints M Rajeshwar Rao as new deputy governor of RBIRBI executive directors M Rajeshwar Rao and Lily Vadera are top contenders to succeed NS Vishwanathan as the central bank's fourth deputy g...
Rajeshwar Rao, Lily Vadera front runners for Reserve Bank of India Deputy Governor postRao, a career central banker has spent 36 years at the RBI across various departments including regulation and supervision. Vadera, the oth...
RBI constitutes working group to review private bank shareholding normsThe central bank noted that changing financial market landscape arose a need to relook at these regulations since the broad policy relating...
RBI constitutes group to review rules on private sector banksThe committee shall submit its report by September 30.
Yes Bank explains dos and don'ts for customers on its website: Here are the full detailsIn order to placate its depositors, Yes Bank's website is showing the Directive under Section 35A of the Banking Regulation Act, 1949. The ...
RBI sets up committee to strengthen CIC frameworkThe working group will examine regulatory framework, enhance onsite and offsite surveillance, suggest changes in registration criteria to s...
RBI panel suggests easy passage for banks in meeting priority targetsRBI has fixed certain lending targets to compel banks to give loans to “priority” sectors, which the lenders overlook otherwise.
RBI report for trading PSL certificates, adding more sectorsOn the education loans under the PSL category, the report has recommended a cap of Rs 10 lakh per borrower for both domestic education.