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No branch of Bank of India and UCO bank was closed in the last fiscal. (HT)

2,118 branches of state-run banks closed or merged in last fiscal: RTI reply

1 min read . 08:46 PM IST

Sivarama Krishnan, Partner & Leader, Cybersecurity, PwC India, pitched for a three-level governance model to deal with the security issues concerning open banking, stressing that with open API (Hemant Mishra/Mint)

'Robust regulatory framework needed to deal with 'open banking' challenges'

2 min read . 03:41 PM IST

The company will pick up those assets that are 100 per cent provided for by the lenders.

National Asset Reconstruction Company to be operational next month: IBA CEO

2 min read . 02:35 PM IST

DCB Bank profit rises 13% to ₹78 cr in March quarter

DCB Bank profit rises 13% to ₹78 cr in March quarter

2 min read . Updated: 08 May 2021

The share of US dollar reserves held by central banks fell to 59%, its lowest level in 25 years, during the fourth quarter of 2020 (AP)

US dollar share of global foreign exchange reserves drops to 25-year low: IMF

1 min read . Updated: 08 May 2021

Asian Development Bank

Asian Development Bank to end coal, upstream oil and gas financing

1 min read . Updated: 08 May 2021

Ratings agencies laud RBI's liquidity measures for healthcare sector

Ratings agencies laud RBI's liquidity measures for healthcare sector

2 min read . Updated: 08 May 2021

Cairn was awarded damages of more than $1.2 billion plus interest and costs in December in a long drawn-out tussle with the Indian government over its retrospective tax claims.

India asks state banks to withdraw cash held abroad over Cairn dispute

2 min read . Updated: 07 May 2021

RBI offers booster dose to support health sector

RBI offers booster dose to support health sector

3 min read . Updated: 06 May 2021

Currency markets have been facing huge volatility of late. But there’s no stated policy to define RBI’s intervention.

Why RBI urgently needs a Forex policy

8 min read . Updated: 06 May 2021

UBS said it will work with Swasti, a Bangalore-based NGO which designs and delivers health and well-being solutions across India. (REUTERS)

Foreign banks donate towards India's covid fight

2 min read . Updated: 05 May 2021

Cabinet approves strategic disinvestment in IDBI Bank

2 min read . Updated: 05 May 2021

RBI Governor Shaktikanta Das. (PTI)

KYC norms relaxed: RBI Guv tells banks not to impose any restriction till 31 Dec

1 min read . Updated: 05 May 2021

RBI Governor Shaktikanta Das addresses a press conference in Mumbai on Wednesday. (ANI)

RBI Governor Shaktikanta Das announces rationalisation of KYC compliance norms

1 min read . Updated: 05 May 2021

RBI to continue to monitor the situation from resurgence of Covid-19 cases: Das

1 min read . Updated: 05 May 2021

Reserve Bank governor Shaktikanta Das.

'Have faith in India's ability to come out of Covid crisis,' says RBI Guv Das

2 min read . Updated: 05 May 2021

RBI governor Shaktikanta Das (Mint)

RBI Governor Shaktikanta Das to make unscheduled speech today

1 min read . Updated: 05 May 2021

Private banks such as Kotak have a higher share of unsecured loans on their books, as compared to state-owned peers.mint (Mint)

Banks go slow on unsecured retail loans as curbs increase

2 min read . Updated: 04 May 2021

wsj

Consumer lenders face a new challenge: each other

2 min read . Updated: 04 May 2021

After considering the bank’s replies to the notice, oral submissions made in the personal hearing and examination of additional submissions made by it, RBI came to the conclusion that the aforesaid charges were substantiated and warranted imposition of monetary penalty. (Mint)

RBI fines ICICI Bank with Rs3 crore for contravention of some rules

1 min read . Updated: 03 May 2021

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