Rs 2,000 note withdrawal: Kotak Mahindra Bank garners deposits of Rs 5,400 crore
Kotak Mahindra Bank has garnered about Rs 5,400 crore of fresh deposits courtesy of the RBI's move to withdraw the ...
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Tag: rbi
Future LoCs to Africa could cover defence, says EXIM Bank MD
India's future Lines of Credit (LoCs) to Africa could focus on defence exports to meet the requirements of the continent, ...
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Priority Sector Lending target deadline for Urban Cooperative Banks extended
Urban cooperative banks (UCB) are getting more regulatory relaxations. The Reserve Bank of India (RBI) has extended the deadline for ...
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RBI’s gold reserve up over 40% in five years
The Reserve Bank of India’s gold reserves is up more than 40 percent since it resumed purchase of the yellow ...
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Banks reluctant to park funds with RBI despite high liquidity
Despite the prevalence of a large surplus of liquidity in the system, banks have shown reluctance to park excess funds ...
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Yes Bank aims to expand margins by 100 bps in next 3 years – MD
Yes Bank sees scope to expand its net interest margin by 100 basis points over the next three years by ...
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30 regional rural banks get education loan cover
Education loans offered by around 30 regional rural banks (RRBs) will now have the credit shield from the Credit Guarantee ...
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Bank loan rates drop in April, a first in 11 months
Bank lending rates declined for the first time in April after rising for 11 consecutive months, data from the Reserve ...
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As Rs 2000 notes flow back, 80% stay within banking system
Bankers expect a 150-basis-point rise in deposit levels as the initial few days into the mandated exchange of ₹2,000 banknotes ...
Read moreInsistence of physical visits to bank branches may be avoided, says RBI committee
Insistence on physical visits, physical presentation of documents for closure of bank accounts may be done away with if the ...
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