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RBI-Kotak Mahindra Bank effect: ICICI Bank spotlights increased spending on IT, cybersecurity

Mumbai, April 28 -- ICICI Bank Ltd's improved performance in the March quarter was underscored by a metric that's becoming crucial to the stability of lenders in the modern era, particularly in the co... Read More


Bajaj Finance Q4 hit by rural loan losses, RBI restrictions

Mumbai, April 25 -- Bajaj Finance's managing director Rajeev Jain on Thursday said the company faced challenges on two fronts in the March quarter: higher loan losses in personal loans to rural custom... Read More


New KYC rules bother payment aggregators

mumbai, April 25 -- A recent central bank directive has rattled payment aggregators, who may have to put more feet on the street to check if a business is legitimate before signing them up as merchant... Read More


Stricter KYC norms bother payment aggregators

mumbai, April 25 -- A recent central bank directive has rattled payment aggregators, who may have to put more feet on the street to check if a business is legitimate before signing them up as merchant... Read More


Stricter KYC norms bother payment aggregators

mumbai, April 25 -- A recent central bank directive has rattled payment aggregators, who may have to put more feet on the street to check if a business is legitimate before signing them up as merchant... Read More


How a recent RBI proposal on KYC has got payment aggregators on the backfoot

New Delhi, April 24 -- A recent central bank directive has rattled payment aggregators who might now have to put more feet on the street to check if a business is legitimate before onboarding them as ... Read More


Monetary policy committee should match its words and actions on stance, says member Jayanth R Varma

New Delhi, April 21 -- Jayanth R. Varma, one of the three external members of the central bank's monetary policy committee (MPC), has been dissenting against the majority view to keep the policy repo ... Read More


High food prices behind RBI's rate pause in April

mumbai, April 20 -- Concerns that volatile food prices could hurt the battle against inflation dominated the latest meeting of the central bank's rate-setting committee, minutes released on Friday sho... Read More


Food inflation behind rate pause in Apr

mumbai, April 20 -- Concerns that volatile food prices could hurt the battle against inflation dominated the latest meeting of the central bank's rate-setting committee, minutes released on Friday sho... Read More


Food inflation behind rate pause in Apr

mumbai, April 20 -- Concerns that volatile food prices could hurt the battle against inflation dominated the latest meeting of the central bank's rate-setting committee, minutes released on Friday sho... Read More