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"banks"

  • RBI proposes stricter data governance norms for banks and NBFCs

    The RBI has proposed a comprehensive data governance framework requiring banks, NBFCs and other regulated entities to strengthen data risk management, establish executive-level oversight and adopt lifecycle-based governance. Stakeholders have been invited to submit comments on the draft guidelines by August 17
  • SC to hear plea seeking equal liability for builders and banks in stalled projects

    The Supreme Court agreed to hear a plea seeking a scheme to ensure equal financial loss for builders and lenders if flats under subvention plans are not delivered. The petition also seeks debt relief for homebuyers stuck in stalled projects
  • Bengal ex-minister faces ED custody over civic body hiring scam

    Former West Bengal minister Sujit Bose was remanded to ED custody till May 21 in the municipal recruitment scam case. The agency alleged he gave contradictory statements and was linked to irregular civic appointments, financial discrepancies, and recommendation of candidates during investigations
  • RBI proposes to cap banks’ dividend payout at 75 per cent of net profit

    The Reserve Bank may restrict dividend distribution or profit remittance in cases of regulatory non-compliance, the draft stated 
  • RBI’s Financial Stability Report: Risks policymakers shouldn’t overlook

    RBI’s June 2025 Financial Stability Report highlights India's improving banking health. However, rising household and public debt, and rapid unsecured retail lending point to potential risks amid uncertainties
  • RBI, banks join hands to launch digital fraud detection platform

    India's central bank and top lenders are collaborating on a Digital Payment Intelligence Platform to combat rising digital fraud. The initiative, expected to go live soon, will use real-time data and AI to enhance payment security across the banking ecosystem
  • Best banks offering high interest on Rs 3 Lakh FD

    As banks and NBFCs compete to attract depositors, interest rates vary widely. Comparing options helps you grow your money faster and ensures peace of mind. Financial platforms like Bajaj Markets simplify this process by allowing you to compare, invest, and manage FDs online.
  • RBI to expand ambit of co-lending to enhance credit flow

    The present framework limits co-lending to partnerships between banks and non-banking financial companies (NBFCs) to priority sector lending such as agriculture, micro-enterprises and loans to weaker sections
  • Telangana: Banks told to focus on giving loans to agriculture sector

    Bhatti Vikramarka urges the banks to actively involve in Indira Mahila Shakthi scheme by extending credit to potential income generating activities
  • ICICI, HDFC, SBI among top 25 global banks by market cap

    Indian banks demonstrated resilience, with ICICI Bank emerging as a standout performer
  • Hyderabad: Mega job mela to be held at Masab Tank on January 6

    Many companies to offer job opportunities in pharma, health, IT & ITes firms, education, banks and other sectors, says organiser
  • Banks free to charge over 30% interest on credit card dues

    Supreme Court sets side a sixteen-year-old National Consumer Disputes Redressal Commission verdict, lifts restrictions on interest rates
  • Hyderabad: Mega job mela to be held on December 4 at Tolichwki

    Qualification of candidates should be above SSC and preliminary interviews will be conducted at the venue.
  • Wayanad landslides: Banks to refund victims’ EMIs deducted after July 30, restructure loans

    Will also present to their boards suggestion to waive loans taken by those affected by disaster, says Kerala Chief Minister Vijayan
  • Global Microsoft outage hits banks, airlines and broadcasters

    Microsoft's posts on X suggested the situation was improving, but escalating outages continued to be reported worldwide hours later.
  • Mancherial wins award for standing in second position in bank linkage

    District Rural Development Officer Kishan, in a statement said that the district registered loans worth Rs 420 crore were given to 59,454 members of self-help groups as against the target of Rs 358 crore for the recent fiscal.
  • RBI directs banks to keep its branches dealing in govt business to remain open on Mar 31

    Accordingly, agency banks are advised to keep all their branches dealing with government business open on March 31, 2024 (Sunday), it said.
  • Bankers should recognise lending as social responsibility: Bhatti

    Deputy CM Mallu Bhatti Vikramarka wanted bankers to prioritise loans to agriculture, housing and education in the upcoming financial year
  • ED searches 12 locations across Odisha, Bengal on charges of illegal ire ore mining

    During the search operation, Indian currency worth Rs 30 Lakh, 2 Kg gold bullion worth Rs 1.24 Crore, One Volvo XC40 Car, digital devices and incriminating documents were seized, ED said in a post on X on Saturday.
  • Bank credit outstanding to real estate rises to record Rs 28 lakh crore in July: RBI

    Bank credit to housing as well as commercial real estate witnessed nearly 38 per cent annual growth in July
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