Latest News on Commercial Banks
Showing of 0 - 10 from 13 results
Commercial Banks - Total results - 13
Jan 28, 2020
Could climate change be responsible for the next financial crisis? Yes, says a new reportBanks spent last decade pulling out their economies from 2008 financial crisis, might spend next decade dealing with climate change.
Oct 08, 2019
PMC crisis shows depositors are sitting ducks if their bank goes bust; why shouldn’t savers get cover for full amount?The deposit insurance guarantee scheme was set up in 1961 to ensure depositors are guaranteed at least some amount in the event of a bank collapse
Sep 25, 2019
RBI rebuts social media rumours on closure of 9 banks, says no commercial banks to be shutRebutting social media rumours swiftly, the Reserve Bank of India on Wednesday said no commercial banks are going to be shut
Sep 05, 2019
Linking of retail, MSME loans with external benchmark: Consumer is the loser in tug of war between RBI, banks for fairness in pricingIn the past, the RBI has tried several methodologies/internal benchmarking systems to bring in transparency and make banks listen to its rate cues.
Aug 20, 2019
Govt exempts shadow lenders from debenture reserve requirements; move to increase availability of money for lendingThe move will create more of a level-playing field between shadow lenders and commercial banks which are already exempt from maintaining such reserves, the government said.
Jul 20, 2019
Half a century of bank nationalisation: Indira Gandhi’s historic blunder or India’s biggest bank reform?Around 14 banks were nationalised on 1 July, 1969 which was followed up with six more a decade later, in 1980
Jan 29, 2019
Supreme Court verdict on IBC: Indian banks’ fight against bad loans has just got a thumbs-up from judiciaryThe intent and purpose behind the enactment of the IBC was to pave the way for expeditious resolution of the burgeoning pile of non-performing assets in the financial sector.
Dec 04, 2017
MPC likely to hold repo rate on Wednesday on higher inflation, rising oil prices and strong GDP dataMPC had earlier, in August reduced the repo, or its repurchase rate by 0.25 percentage points to six percent.
Aug 09, 2016
Corporate bond transactions see 9% jump to Rs 3.7 lakh crore in Apr-Jul periodDealings worth Rs 3.40 lakh crore in corporate bonds were reported on the two bourses during April-July 2015 period
Dec 14, 2015
Mergers within commercial banks should be focused and strategic: RBI deputy governorS S Mundra, speaking at a business school in Mumbai, warned that merging a weak bank with a strong bank might weaken the stronger lender