Searched for
RURAL BANK NORMS
Uday Kotak puts India's troubles in perspective as the economy swings between hope and despair in the wake of Iran warCII Annual Summit: Uday Kotak issued a rallying cry for India to gear up for looming global challenges. He stressed upon the importance of ...
Govt to replace MGNREGA with new rural jobs scheme G RAM G, guarantees 125 days of work at near Rs 96,000 crore budget allocationIndia is launching a new rural employment program, VB-G RAM G, replacing MGNREGA from July 1, 2026. This initiative guarantees 125 days of ...
First-time borrowers climb to 4.4 crore despite tighter lending norms: ReportIndia's new borrowers have reached 4.4 crore, boosting credit growth and financial inclusion. Lenders are more selective, yet this segment ...
Branching out just got easier for NBFCsThe Reserve Bank of India has eased branch opening rules for NBFCs. This move helps gold loan NBFCs expand their reach. It allows them to p...
West Bengal Elections 2026: Factors that will decide the fate of the crucial polls in the Eastern stateWest Bengal gears up for a crucial 2026 election. The ruling TMC faces a strong challenge from the BJP. Key issues include voter rolls, law...
Could you be affected? Millions could lose bank access — here’s what you need to knowOver 5% of U.S. households already lack full banking access, and the Trump executive order debanking millions Americans impact could sharpl...
RBI to withdraw investment fluctuation reserve requirement for banksThe Reserve Bank of India plans to remove the investment fluctuation reserve requirement for commercial banks. Existing rules already provi...
RBI revamps business correspondent model to boost last mile delivery of financial servicesThe Reserve Bank of India is overhauling its business correspondent system. New service points, Business Correspondent-Banking Outlets and ...
RBI plans to repeal 9,000 circulars by consolidating regulationsThe Reserve Bank of India has proposed to repeal approximately 9,000 circulars to reduce regulatory burden and compliance costs. This move ...
Declaration of dividends by banks: RBI reviews certain norms, eligibility criteriaThe Reserve Bank of India (RBI) has revised its guidelines for the declaration of dividends by banks. The RBI has requested banks to consid...
Payments banks to expand reach of banking in rural areas: World BankIndia's move to set up 11 new payments banks is expected to expand penetration of the banking sector in vast rural areas of the country.
RBI tightens gold lending norms for regional rural banksThe RBI said regional rural banks should not lend against gold jewellery, gold ornaments and gold coins weighing above 50 grams.
- Rural bank norms may stump new aspirants
The decision to issue new bank licences-the last time they were issued was nine years ago-is part of the government's financial inclusion p...
- Premature to talk about foreign capital into new banks: Ramesh Iyer, M&M Financial Services
"Almost the entire NBFC balance sheet of ours is beyond the metro market. All our branches and the customers are upward of tier 2, 3, 4."
- Corporation Bank plans more rural branches to increase farm lending
Corporation Bank wants to grow its lean farm loan portfolio with a higher rural penetration planned this year but short of manpower throws ...
- KYC no bar for no-frills a/cs'
The Reserve Bank of India has said banks cannot use knowyour-customer norms as an excuse to turn away customers seeking to open no-frills a...
- In letter & spirit: Post offices making banking easier
Postal account requires a customer to provide only identity and permanent residence proofs. One can open an account with just Rs 50. Know y...