Apr 27, 2021 03:34 PM IST
Among those who will be affected by the new rule, though not immediately, are Kotak Mahindra Bank’s Uday Kotak, Bandhan Bank’s Chandra Shekhar Ghosh and AU Small Finance Bank's Sanjay Agarwal. How exactly will the new rules affect their tenures? Read on to find out
- Oct 31, 2019 07:58 PM IST
A failed transaction would be any exchange that remained incomplete due to reasons such as connectivity failure, non-availability of cash in an ATM, etc
- Oct 17, 2018 08:45 PM IST
The move will enable transfer of funds seamlessly between various mobile wallets.
- Feb 24, 2017 04:15 PM IST
Another banking sector fraud with â€œChildren Bank of Indiaâ€ substituting the Reserve Bank of India in the fake 2000 rupee notes dispensed by a State Bank of India ATM, has raised concerns over banks‘ cash outsourcing services.
- Apr 12, 2015 01:44 PM IST
The BSE Brokers Forum had picked a 3 lakh sq ft space at the country's first IFSC at the GIFT City in January this year for about Rs 150 crore, which now they have increase to 5 lakh sq ft.
- Feb 10, 2015 02:42 PM IST
To enable the banks to have the present instructions standardized, RBI has issued a master circular which includes the existing guidelines with regards to SME loans in India.
- Feb 11, 2014 07:40 PM IST
The Supreme Court today raised question on how Sahara transacted thousands of crores in cash with its sister firms for purportedly refunding Rs 20,000 crore to its investors after SEBI alleged that no bank statement was furnished by the group to show the money trail.
- Nov 07, 2013 03:44 PM IST
If subsidiaries are set up and the foreign banks want to give competition to Indian banks there are challenges because it is not going to be that easy, says K Venkataraman, MD & CEO, Karur Vysya Bank.
- Jun 26, 2013 08:58 PM IST
CNBC-TV18 reports that Religare Enterprises has roped in US-based Customers Bancorp to partner in its banking foray by selling a 6.1-percent stake to Bancorp.
- Jun 04, 2013 02:16 PM IST
The RBI on Monday issued clarifications against 443 queries it had received from external parties in relation to new banking licence guidelines.
- Mar 27, 2012 01:40 PM IST
Muthoot Finance tells CNBC-TV18 that RBI's new guidelines to ensure good and fair practices won't affect them much because they already follow most of them.
- Sep 20, 2011 10:18 AM IST
ICRA says meeting ownership, listing terms could be a challenge.
- May 09, 2011 05:00 PM IST
The MFI sector’s growth is likely to remain subdued over the medium term, especially in regions with high microfinance penetration, because of proposed regulatory restrictions on multiple lending, loan size, and end-usage of loans, says Ms. Rupali Shanker, Head, CRISIL Ratings