Banking regulation

SBI has posted a profit of  ₹2,312 crore in the first quarter of the fiscal. (Reuters)

RBI imposes 50 lakh fine on SBI

1 min read . 05 Aug 2019
Under the Banking Regulation Act, 1949, Reserve Bank of India’s ‘prior’ approval is a must for appointment and reappointment of the CEO. Photo: Aniruddha Chowdhury/Mint

Where does the buck stop at banks?

8 min read . 16 Apr 2018
At the beginning of the financial crises, after BNP Paribas implicitly admitted that it could not value the subprime mortgage securities that it held, Western central banks had to pump in liquidity to get the markets moving again. Photo: Reuters

Hard lessons

1 min read . 08 Aug 2017