Latest News on Banking System
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Banking System - Total results - 46
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Jun 12, 2018
Reserve Bank of India releases draft norms to modify loan system in order to bring discipline among large borrowers
The Reserve Bank on Monday came out with draft guidelines on loan system for delivery of bank credit to improve discipline among larger borrowers -
Jun 08, 2018
NPA crisis: Bankers brainstorm with finance minister Piyush Goyal on improving sector's heath, credit flow
Goyal said the banks may also consider having an oversight company with retired judges or vigilance officers to advise on the health of the banks -
Jun 07, 2018
Finance minister Piyush Goyal to meet heads of 15 PSBs tomorrow to discuss future of NPA-ridden banking system
The meeting is being organised by State Bank of India (SBI) and will be chaired by Finance Minister Piyush Goyal in Mumbai -
Apr 18, 2018
ATMs run dry: Lessons learnt from demonetisation seem to be forgotten as cash becomes king again
People fear that cash is safer at home than in banks and this is further fueled by the string of scams and frauds that have hit banks -
Apr 17, 2018
Blockchain to have mixed implication on global banking system, says Moody's report
Blockchain technology has the potential reduce costs of cross-border transactions for banks. However, it could put pressure on their fees and commissions -
Apr 14, 2018
Gap between skilled and unskilled, rural and urban, online and offline is reducing; Bharat no longer backbencher of growth story
Proactive and agile policy frameworks have already played a key role in India’s growth based on utilising its technological framework and are now leading to an empowered Bharat. -
Feb 25, 2018
Nirav Modi scams PNB: The prime minister and his govt must put an end to this ‘Gujarat model’ of financial manipulation
Jeweller Nirav Modi joins a list of smart young Gujarati men — including Harshad Mehta, Hiten Dalal, Jatin Mehta and Ketan Parekh — who have in the last few years easily taken thousands of crores each from Indian banks -
Feb 23, 2018
Rot in PSBs Part 4: RBI’s inability to regulate and supervise banks shows it’s time for a super financial regulator
SEBI failed to act against Gitanjali Gems for stock price manipulation while RBI could not detect the fraud at PNB, but better coordination between the two regulators may have helped -
Feb 16, 2018
PNB fraud: Banks will have to be equipped with better risk management tools as NPAs pile-up
Fraud typology is roughly the same across countries. But where India is probably way behind is in the preparedness of banks in fraud risk management. -
Feb 13, 2018
RBI may cut key lending rate by 25 bps in August policy review as inflation in January peaks off: BofAML
BofAML expect RBI MPC to look through the jump in inflation to 5.4 percent in April-June, as it is driven by base effects
