Big Tech’s push into India’s financial sector raises concerns, says RBI – Times of India
MUMBAI: Plans by Big Tech to foray further into India's financial sector pose risks for traditional banks as the tech...
RBI
India reports current account surplus of 0.9% in FY21 – Times of India
MUMBAI: India's current account balance showed a surplus of 0.9 per cent of GDP in the financial year 2020-21, despite...
RBI ban on new credit cards sale hit market share; will come back with a bang once embargo lifted: HDFC Bank – Times of India
MUMBAI: The RBI's ban on selling new credit cards has impacted market share on an incremental basis, HDFC Bank said...
West Bengal raises Rs 10,500 crore in Q1 FY22 via state loan auctions – Times of India
KOLKATA: The West Bengal government raised Rs 10,500 crore in the first quarter of the current financial year through auctions...
SBI to levy charges for cash withdrawal beyond 4 free transactions per month – Times of India
NEW DELHI: From July 1, State Bank of India (SBI) will levy charges for cash withdrawal beyond four free transactions...
Only about 1 in 10 employees are women, on average: Crisil – Times of India
NEW DELHI: Women represented only 13% of total employees of the 225 companies analysed by ratings agency Crisil based on...
RBI tightens CEO norms for cooperative banks – Times of India
Mumbai: Taking a tough stance on the governance of urban cooperative banks, the Reserve Bank of India (RBI) on Friday...
RBI extends regulatory restrictions on PMC Bank till December to enable completion of its takeover – Times of India
MUMBAI: The Reserve Bank on Friday extended the regulatory restrictions on Punjab and Maharashtra Cooperative (PMC) Bank by another six...
Centrum-Bharatpe JV to pump Rs 1,800 crore into PMC on merger – Times of India
MUMBAI: The joint venture floated by Centrum Group and digital payments startup Bharatpe for launching a small finance bank will...
India 2nd only to Turkey in share of central bank surplus transfers – Times of India
MUMBAI: The Reserve Bank of India (RBI) was second only to Turkey in terms of reserves transferred to the government...
