New Delhi, June 3 -- The Reserve Bank of India (RBI) and the government must target growth in the volume of digital payments by a factor of 10 in three years, leading to doubling in value relative to ... Read More
MUMBAI, May 25 -- Starting April 2020, nonbanking financial companies (NBFCs) with assets of more than Rs5,000 crore will have to maintain a minimum of 60% of liquidity coverage ratio (LCR)-a requirem... Read More
New Delhi, May 24 -- The Reserve Bank of India (RBI) on Friday released the much-awaited draft guidelines on liquidity risk management framework for non-banking financial companies (NBFCs) and core in... Read More
New Delhi, May 23 -- The country's only reinsurer General Insurance Corporation of India Ltd (GIC Re) reported a 31% drop in net profit to Rs.2,224.31 crore for the full year ended 31 March 2019. This... Read More
Mumbai, May 23 -- The central board of Reserve Bank of India (RBI) on Tuesday approved creating a specialized supervisory and regulatory structure for commercial banks, urban cooperative banks and non... Read More
MUMBAI, May 22 -- The central board of Reserve Bank of India (RBI) on Tuesday approved creating a specialized supervisory and regulatory structure for commercial banks, urban cooperative banks and non... Read More
Mumbai, May 17 -- Yes Bank on Friday said the appointment of former deputy governor of the Reserve Bank of India, R Gandhi, on the board is aimed at strengthening the bank. In a notice to stock exchan... Read More
New Delhi, May 14 -- The Reserve Bank of India (RBI) has appointed former deputy governor Rama Subramaniam Gandhi as an additional director on the board of Yes Bank for two years, from 14 May 2019 to ... Read More
MUMBAI, May 7 -- ICICI Bank Ltd posted a 50% decline in net profit for fiscal year 2018-19 at Rs3,363.30 crore because of higher expenses and provisions. Operating profit however grew 17% to Rs2,072 c... Read More
Mumbai, May 7 -- ICICI Bank Ltd posted a 50% decline in net profit for fiscal year 2018-19 at Rs3,363.30 crore because of higher expenses and provisions. Operating profit however grew 17% to Rs22,072 ... Read More