RBI to transfer Rs 87,416 cr surplus to govt for FY23, up from ₹30,307 cr a year earlier
The Reserve Bank of India nearly tripled its annual surplus transfer to the government, helping the state reap a windfall ...
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Tag: bank
Banks request RBI for more time for new loan provisioning system
Banks have requested the RBI for one more year's time to implement the system of Expected Credit Loss (ECL) for ...
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UPI Payments: Who will pay extra charge, who won’t?
1.1% fee?Buzz prevailed over the whole country as reports emerged saying that the NPCI will levy a fee of up ...
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NPCI’s interoperability guidelines to pave way for additional revenues for Paytm Payments Bank: Analysts
Analysts including Morgan Stanley and Citi said that the NPCI's latest guidelines on interoperability significantly improve the salience of wallets ...
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Tijoree Launches Smart & Transparent Banking for India’s Businesses
Tijoree, a fintech neobank, has announced its launch plans as it forays into the corporate neobanking space with its first ...
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Indian banks’ gross NPAs likely to touch decadal low of sub-4 per cent by FY24: Study
Bad loans of Indian banks are expected to decline 90 basis points to less than five per cent in FY23 ...
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PNB buries ghost of 2018 to fund lab diamonds
On a wintry morning in 2018, one of India's largest high-street lenders, Punjab National Bank (PNB), had woken up to ...
Read moreBank mergers have benefited the sector: RBI
Bank mergers have benefited both the acquirer and the acquired, according to a report by Reserve Bank of India researchers. ...
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SBI asks field functionaries to desist from mis-selling of insurance products
Within days of the finance ministry issuing a diktat against miss-selling, the State Bank of India (SBI) has asked its ...
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Frauds fall nearly 50% at banks: RBI Data
Instances of financial frauds is falling in the banking system as institutions have become more aware of the cyber threats, ...
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