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SINGLE SUPERVISORY MECHANISM
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- Pilots are 'workmen' under labour law, salary or title not decisive: Delhi High CourtA significant verdict from the Delhi High Court declares that airline pilots fall under the category of 'workmen' as per labor laws. The co...13 Dec, 2025, 03.19 PM IST
- Outsourcing carries risks of reliance on single vendor: RBI Deputy Governor RaoRBI Deputy Governor M Rajeshwar Rao highlighted third-party dependence risks, referencing the Microsoft outage. He noted vendor lock-in, cy...23 Jul, 2024, 01.18 AM IST
- RBI Deputy Governor M Rajeshwar Rao flags risks of relying on single vendor for servicesDeputy RBI Governor Rao highlighted the risks of single-vendor dependency at a CareEdge event, citing the Microsoft outage. An RBI survey r...22 Jul, 2024, 07.25 PM IST
- Banks in talks with NESL to set up loan registry, information utility"The aim is to increase the efficiency in exchange of information in the consortium arrangement," said a senior bank executive aware of the...28 Jan, 2022, 07.59 AM IST
- PM Modi to launch RBI's retail direct, integrated ombudsman schemes on FridayThese schemes, to be launched by the prime minister through video-conferencing, are aimed at deepening the debt market and improve customer...11 Nov, 2021, 08.43 PM IST
- Future of work: Welcome to the era of 21st century artisans, says TCS CEO Rajesh GopinathanEnterprises around the world quickly and securely responded to global lockdowns. And they have discovered that work continued uninterrupted...29 Sep, 2020, 09.44 AM IST
- How universalisation of exchanges has changed markets for investors?The commodity space is still evolving in India and has great potential to develop.15 Feb, 2020, 11.17 AM IST
- Change in Sarfaesi Act to give priority to secured creditorsSarfaesi Act was framed to identify and rectify the problem of non-performing assets.30 Dec, 2019, 10.30 AM IST
- ‘Delay in recognising bad loans hurts lenders’Gross NPA ratio in the FY18-19 came in at 9.1% as against 11.2% in the year-ago period25 Dec, 2019, 12.37 PM IST
- Quicker execution of projects, minimal interference to draw foreign interest: Nirmal Jain,IIFLLenders should act responsibly and not succumb to the fear factor, says IIFL chairman20 Sep, 2019, 08.39 AM IST
- Axis Bank to raise Rs 18,000 croreThe bank is one of the worst-affected private lenders after the Reserve Bank's asset quality review, which led to a huge increase in bad lo...20 Jul, 2019, 05.08 PM IST
- Rs 70K-cr capital infusion in PSBs credit positive, to boost economy: S&PCapital infusion will help PSBs make necessary haircuts on their weak corporate loans.08 Jul, 2019, 11.50 AM IST
- Knights of the world’s financial tableThe board of governors— located in Washington, D.C. — is the governing body of the Federal Reserve System.21 Nov, 2018, 09.50 AM IST
- Reforms undertaken in banking sector yielding results: Arun JaitleyJaitley said the bad loans were swept under the carpet and that the real picture did not come out.18 Sep, 2018, 08.08 AM IST
- Bankruptcy only tool to resolve default: New RBI norms aimed at banks' 'dead ducks'These timelines may look difficult right now but if banks are a little proactive there are plenty of people in the market who want to inves...14 Feb, 2018, 07.24 AM IST
- European Union leaders endorse deal on ECB banking supervisionThe new banking supervisory body is aimed at preventing the collapse of system relevant banks and thereby causing contagion across the euro...14 Dec, 2012, 05.05 PM IST
- European Union reaches a deal on supervisory body for Eurozone banksEU leaders have reached a deal to set up a body for the euro-zone banks next year as the first step towards a banking union.23 Oct, 2012, 01.09 PM IST
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