- Aug26By PTI
RBI’s move to allow banks to issue masala bonds will remove obstacles for lenders in accessing additional tier I (AT1) and tier II bond capital and also widen the investors pool, says Fitch.
Customers of 21 banks will be able to use the unified payments interface (UPI) for sending and collecting money via smartphones, starting today. The UPI application will enable
Reserve Bank on Thursday announced a slew of changes in fixed income and currency markets such as allowing lenders to issue 'masala bonds' and to accept corporate bonds under the
RBI on Thursday retained 'too big to fail' tag for the state-owned SBI and private lender ICICI Bank for the second year in a row, calling them systemically important banks
The country’s largest lender State Bank of India (SBI) on Wednesday said that it will raise up to Rs 11,000 crore ($1,653.45 million) through additional tier 1 (AT1) capital
Reserve Bank deputy governor S S Mundra on Wednesday said the level of bad loans and restructured assets rose to 12 per cent while for the public sector banks it
With companies continuing to raise funds through commercial paper instead of bank loans credit offtake has remained weak. As per the latest RBI data credit growth for
Even after 46 years of bank nationalisation in 1969, institutional credit growth in rural areas has not reached satisfactory levels and there is enough room for improvement and growth, President
The Chennai-based Financial Software and Systems (FSS), which deals in payments technology and transaction processing, on Tuesday launched FSS access control server. It is a secured authentication platform that
- Aug21By PTI
India is better placed than neighbouring China and Brazil in terms of banking distress risks, says a report prepared by the Bank for International Settlements (BIS), which also flagged that high corporate debt levels have caused overheating in some emerging economies.
Stay informed on our latest news!