Russian companies investing rupee surplus in Indian government bonds: IBA chief
Russian banks and companies who have trade surpluses with Indian lenders are using those rupee funds to invest in domestic...
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BFSI
Banks flag high overnight rates, liquidity terms
Banks have conveyed their concerns about persistently high overnight rates and liquidity conditions to the Reserve Bank of India (RBI)...
Read moreBank of Baroda now has a business model as competitive as any private bank: Sanjiv Chadha, CEO
Within months of becoming the chief executive officer of Bank of Baroda, Sanjiv Chadha had to face social, economic and...
Read moreBank of Baroda made provision of Rs 500 cr against GoFirst exposure
Indian state-owned lender Bank of Baroda's MD & CEO on Tuesday said that a provisioning of Rs 500 cr was...
Read moreBanks 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...
Read moreBanks play safe on lending to airlines after Go Air bump
Indian airlines may find it harder to take loans as banks have become cautious to lend to the sector after...
Read morePSU banks raising stakes in interest rate derivatives to diversify risk management
Mumbai: The Reserve Bank of India has often exhorted banks to utilise the domestic derivatives infrastructure to mitigate risk from...
Read moreGovt panel may ready new list of public sector banks for privatisation
New Delhi: The government may set up a panel to draw up a fresh list of public sector banks that...
Read moreRuPay is live on CVV-less Payments for Tokenized Cards
RuPay, India’s own homegrown card network serving millions of Indians across every nook and corner, is driven by the idea...
Read morePoll freebies to hurt long-term growth, say experts
The freebies promised by the Congress party that swept the Karnataka polls could spur competitive populism in the build-up to...
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