New Delhi, Sept. 11 -- The Reserve Bank of India (RBI) believes that as finance becomes more automated, human accountability must become stronger, not weaker, deputy governor Shirish Chandra Murmu sai... Read More
New Delhi, Sept. 9 -- As technology makes finance faster, it could also make financial risks spread faster and further, Reserve Bank of India (RBI) deputy governor Rohit Jain said on Wednesday, flaggi... Read More
New Delhi, Sept. 2 -- Non-resident Indians (NRIs) have poured $127.2 billion into Indian banks through foreign currency non-resident (FCNR) deposits under a new deposit incentive scheme to attract dol... Read More
New Delhi, Sept. 1 -- As HDFC Bank prepares to onboard a new leader, data from the past eight years shows that the Reserve Bank of India (RBI) has taken anywhere from a little over a month to 14 month... Read More
New Delhi, Aug. 31 -- India's largest private lender was not expecting to start its new leader hunt quite yet. But Sashidhar Jagdishan's decision on Saturday to not seek a new term as chief executive ... Read More
Mumbai, Aug. 31 -- HDFC Bank was not expecting to start its new leader hunt quite yet, but Sashidhar Jagdishan's decision to not seek a new term as chief executive when his tenure ends in October has ... Read More
Mumbai, Aug. 31 -- HDFC Bank was not expecting to start its new leader hunt quite yet, but Sashidhar Jagdishan's decision to not seek a new term as chief executive when his tenure ends in October has ... Read More
New Delhi, Aug. 24 -- A group of 70 investors has come together to complain of shortcomings in how HDFC Bank, India's biggest private lender by assets, sold them a high-yielding financial product, mar... Read More
Mumbai, Aug. 20 -- The Centre has changed the composition of the Reserve Bank of India's board of directors, reducing its strength to 11 from 15 earlier. The government has appointed former Indian Sp... Read More
Mumbai, Aug. 12 -- The Reserve Bank of India (RBI) proposed changes to how banks and non-banks calculate interest rates, saying that lenders should cap costs for small loans taken by borrowers and mic... Read More