Give banks capital leeway for insurance-backed trade finance products: IBA to RBI
Mumbai: To boost trade credit insurance penetration in the trade finance line of business, the Indian Banks' Association has sought ...
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Tag: banks
Now get an HDFC Bank personal loan in 10 seconds
Even as many industry insiders have expressed concerns over the rapid growth in unsecured loans, merger-bound HDFC Bank is all ...
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RBI imposes Rs 1.73 crore penalty on HSBC
The Reserve Bank of India on Monday said it has imposed a penalty of Rs 1.73 crore on HSBC for ...
Read moreCentre may see a big jump in RBI dividend in FY24
The Centre is likely to make windfall gains by way of annual dividend receipts from the Reserve Bank of India ...
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Global finance dominated by few currencies, need to de-risk by diversifying, says RBI DG T Sankar
A handful of currencies currently dominate global finance, and there is a need for de-risking by diversifying the international currency ...
Read moreMoney transfer: RBI mandates complete info about originator, beneficiary
The Reserve Bank on Thursday instructed banks and other financial institutions to ensure cross-border as well as domestic wire transfers ...
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RBI’s credit on UPI plan can create a win-win situation for all
India’s financial inclusion will soon add another successful case study. This time, the second iteration of India’s financial inclusion program ...
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Public sector banks weigh consolidating foreign business at Gift City
The government has asked state-run lenders to explore consolidating their overseas business currently done through foreign branches in the International ...
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Airtel Payments Bank rolls out face authentication for AePS
Airtel Payments Bank has rolled-out face authentication for AePS (Aadhaar-enabled Payment System) at its 500,000 banking points as part of ...
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NARCL progress hit on government guarantee delay
Renewal of federal guarantees, which expired last fiscal, is delaying the takeover of bad loans by the state-backed National Asset ...
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