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RBI wants banks and non-banks to have a data governance framework

Mumbai, July 15 -- The Reserve Bank of India (RBI) on Wednesday proposed that banks and non-banks implement a data governance framework (DGF) aligned with their risk management policies. It said that... Read More


RBI greenlights three-year term for Rajiv Kumar as HDFC Bank chair

New Delhi, July 15 -- HDFC Bank on Wednesday said that the Reserve Bank of India (RBI) has approved the appointment of Rajiv Kumar as the chairman of the lender for three years. "In furtherance to ou... Read More


NBFCs expand footprint as banks tread cautiously in some retail segments

New Delhi, July 14 -- India's non-bank financiers are aggressively moving into spaces where banks are treading carefully. Non-bank lenders have outpaced their larger, banking counterparts in vehicle l... Read More


Chairman's exit was a 'challenging event': HDFC CEO

India, July 13 -- HDFC Bank Ltd.'s workforce declined by 3,343 employees in the financial year ended March as India's largest private lender accelerated efforts to automate operations and redeploy sta... Read More


Chairman's exit a 'challenging event' that raised governance questions: HDFC Bank CEO

New Delhi, July 11 -- HDFC Bank chief executive Sashidhar Jagdishan said the sudden resignation of former chairman Atanu Chakraborty in March was a "challenging event" that triggered tough questions a... Read More


RBI's public funds rule puts focus on Tata Sons listing

Mumbai, July 2 -- A week after raising hopes that Tata Sons could avoid a mandatory listing, the Reserve Bank of India (RBI) on Wednesday inserted a key definition that was absent in its updated guide... Read More


RBI's public funds rule putsfocus on Tata Sons listing

Mumbai, July 2 -- A week after raising hopes that Tata Sons could avoid a mandatory listing, the Reserve Bank of India (RBI) on Wednesday inserted a key definition that was absent in its updated guide... Read More


RBI's public funds rule putsfocus on Tata Sons listing

Mumbai, July 2 -- A week after raising hopes that Tata Sons could avoid a mandatory listing, the Reserve Bank of India (RBI) on Wednesday inserted a key definition that was absent in its updated guide... Read More


RBI closes the window on Tata Sons to avoid a potential listing

New Delhi, July 1 -- A week after raising hopes that Tata Sons Pvt. could avoid a mandatory listing, the Reserve Bank of India on Wednesday inserted a key definition that was absent in its updated gui... Read More


RBI inserts indirect public funds definition, Tata Sons listing back in focus

Mumbai, July 1 -- A week after raising hopes that Tata Sons could avoid a mandatory listing, the Reserve Bank of India (RBI) on Wednesday inserted a key definition that was absent in its updated guide... Read More