As liquidity tightens, banks raise interest rates on bulk deposits
With the system’s surplus liquidity diminishing and deposit growth behind credit growth by a wide margin, banks have raised interest…
With the system’s surplus liquidity diminishing and deposit growth behind credit growth by a wide margin, banks have raised interest…
Last week, the Reserve Bank of India, permitted foreign inward remittances to be received under the rupee drawing arrangement (RDA)…
On September 20, former RBI deputy governor R Gandhi was named as YES Bank’s part-time chairman. The term of the…
Reserve Bank of India (RBI) had announced the digitalisation of Rural Finance in select districts of Tamil Nadu with Federal…
On September 16, Kerala-based CSB Bank announced the appointment of Pralay Mondal as the bank’s new Managing Director and CEO.…
After statistics revealed that inflation increased further over the central bank’s tolerance level in August, economists predicted that the Reserve…
Commercial bank credit growth reached a nearly nine-year high for the week ending August 26 at a rate of 15.5…
Two years ago, the government increased the Reserve Bank of India’s (RBI) jurisdiction to supervise cooperative banks. Since then, the…
ICICI Bank could raise upto Rs 10,000 crore through infrastructure bonds for project financing and affordable housing. These long-term bonds…
The finance ministry met with the heads of state-run banks on Tuesday to review the lenders’ credit disbursement and overall…