Weekly Newsletter | 13 October 2016 | Volume 02 | Issue 37
In Focus
RBI issues operating guidelines for differentiated banks
The Reserve Bank of India (RBI) recently issued operative guidelines for payment banks and small finance banks (differentiated banks)...
Latest News
RBL Bank buys 10 per cent stake in Utkarsh Micro Finance
The RBL Bank has bought 9.99 per cent stake of Utkarsh Micro Finance for an undisclosed sum. The move has come in the wake...
Standard Chartered bank to grow commercial banking business by 10%
The country’s largest foreign lender bank in terms of branches, Standard Chartered, is now aiming to expand its corporate client base by 10 per cent...
RBI refers manned ATMs as branches
Despite having highest mobile banking penetration in Asia, Indians are still hugely dependent on ATMs and branches, says a Reserve Bank of India...
Banks go innovative to ensure loan repayments
Finding a way out on the Reserve Bank of India’s notification of not shaming the loan defaulters,several banks are making innovative efforts to ensure...
Jaitley favours recapitalising World Bank for SDGs
Finance Minister Arun Jaitley has emphasised the need for re-capitalising the World Bank to enable it to meet sustainable development goals (SDGs)...
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