SBI said RBI imposed a penalty of ₹50 lakh on it for non-compliance relating to reporting of fraudsRBI has slapped penalties on eight commercial banks, including, Punjab National Bank and Bank of Baroda
1 min read5 Aug 2019US federal regulators are expected to announce changes easing some of Volcker Rule's requirements, amid complaints from banks they are too onerous and confusing
1 min read24 May 2018The bill frees thousands of small and medium-sized banks from the regulatory scrutiny imposed by the Dodd-Frank Act of 2010, while leaving key elements of the law in place for the US's largest financial institutions
2 min read23 May 2018While banks have been regulated since their inception, the approach to regulation has followed an evolutionary path
4 min read5 Jan 2018There is much to learn from the events of the frantic months at the beginning of the global financial crisis, but none deeper than the damage done by banker hubris
1 min read8 Aug 2017China's banking regulator scraps licence requirements for foreign, J-V lenders in the country for treasury bond underwriting, custody and advisory services among other services
1 min read17 Mar 2017US President Donald Trump believes the Dodd-Frank banking regulation has made it extremely difficult for small businesses to get loans
1 min read30 Jan 2017Mobikwik's move to offer 6% 'annual profit' is effectively like an interest payment, although it is at pains to not call it that for fear of attracting RBI's ire
3 min read2 Jun 2016ANZ Bank CEO on the investment climate in India, the bank's future plans in the country, and how it plans to tackle the demanding regulatory environment here
7 min read23 Jul 2015A.V. Rajwade on regulating Indian banks and Basel III norms
4 min read31 Jul 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared