Oct 21, 2016 at 08:36 | Source: Moneycontrol.com
The Reserve Bank of India and government have asked banks to submit a detailed report on data theft which puts 3.2 million debit cards at risk, besides raising a question as to why banks failed to alert authorities when they allegedly came to know about it about 6 weeks ago.
Oct 21, 2016 at 08:30 | Source: PTI
Under the extant ECB guidelines, banks can approve requests from borrowers for changes in repayment schedule during the tenure of the ECB.
Oct 20, 2016 at 10:48 | Source: Reuters
India's Economic Times newspaper, which first reported the news, said the bank filed a preliminary report about the breach to the regulator, Reserve Bank of India, and that it had hired EY to carry out an investigation.
Oct 19, 2016 at 13:30 | Source: CNBC-TV18
Sashi Krishnan, Chief Information Officer, Birla Sun Life Insurance is postive on the market in the long-term as he sees a lot of overseas flows continue into India. But there could be a positive effect if the US Federal Reserve raises rates faster than expectations.
Oct 19, 2016 at 09:22 | Source: CNBC-TV18
In an interview with CNBC-TV18, Sonal Varma, MD and Chief India Economist, Nomura Financial Advisory, discussed her key takeaways from the minutes of the Reserve Bank's first Monetary Policy Committee meet, which were released yesterday.
Oct 19, 2016 at 09:01 | Source: Moneycontrol.com
More than 12 months after the Reserve Bank of India (RBI) issued in-principle approvals to 11 applicants to launch payments banks, only four have clear business models to launch the banks by February 2017, Mint reported on Wednesday.
Oct 18, 2016 at 19:23 | Source: CNBC-TV18
The Reserve Bank of India on Tuesday released the minutes of the first monetary policy committee (MPC) meet.
Oct 18, 2016 at 15:17 | Source: Moneycontrol.com
Until not very long ago, many observers and commentators believed that the role of non-banking financial companies (NBFCs) in Indias financial system was fast diminishing.
Oct 18, 2016 at 12:36 | Source: CNBC-TV18
Speaking to CNBC-TV18, Lalit Nambiar of UTI MF said that India continues to stand out amongst the Asian pack on back of strong growth momentum.
Oct 18, 2016 at 11:55 | Source: Reuters
New RBI Governor Urjit Patel and his six-member Monetary Policy Committee used the same rationale for their surprise 25 basis point (bps) cut to 6.25 percent earlier this month, the lowest since November 2010.