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Topics: Indian Banks

“Not offering any emergency loans through YONO Platforms,” says SBI

State Bank of India has clarified that it is not offering any kind of emergency loans through its YONO platform. The clarification on the loan...

Market Analysis by Abhishek Goenka: Why is rupee not depreciating till now despite USD strength?

The Rupee has been one of the better-performing currencies amid the extreme panic and turmoil we have witnessed in global markets. On previous occasions...

Market Analysis by Abhishek Goenka: Risks in USD INR are tilted to the upside

Strong resistance for the pair stands at 74.50 (all-time high). A break and sustain above 74.50 will open room for further upside and can...
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Rahul Gandhi: Who are these 500 wilful bank defaulters?

Speaking in the parliament on Monday, Indian National Congress leader, Rahul Gandhi asked the government, "Who are these 500 wilful bank defaulters, and why...

#YESBankCrisis: Cabinet approves reconstruction scheme for Yes Bank

Union Finance Minister Nirmala Sitharaman on March 13 said that the Cabinet has approved the Reserve Bank of India's (RBI) reconstruction scheme for Yes...

Reserve Bank may offer Bandhan Bank more time to lower its promoters’ share

The Reserve Bank of India may offer additional time to Bandhan Bank to decrease its promoter shareholding in the bank. According to India's leading newspaper,...
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RBI approves shareholding dilution plan of Kotak Mahindra Bank’s promoters

The Reserve Bank of India on Tuesday approved the shareholding dilution plan of Kotak Mahindra Bank's promoter. In a filing with the stock exchange, the...

World Bank: India’s economic growth driven by domestic demands, need to focus more on exports

India's economic growth in recent years has been "too much" driven by domestic demand and its exports were about one-third of its potential, a...

RBI fines ICICI Bank, SBI and 17 other banks for non-compliance use of SWIFT Network

The Reserve Bank of India (RBI) has fined at least 19 lenders, including top banks such as ICICI Bank and State Bank of India,...
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Reserve Bank of India proposes strick compensation norms for Private and Foreign Banks

Seeking to curb excessive salary payout practices, the Reserve Bank of India has proposed strict compensation norms for senior officials of private as well...
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