India's lenders may lower interest rates if their funding costs come down, but banks have not suggested any specific steps at a meeting with Reserve Bank of India officials, Bank
Life insurance companies and banks have asked the insurance regulator to not treat discount in valuation of equity shares given by an insurance company to a bank or cash payments
Ratings agency S&P's downgrade of the US was on expected lines considering events that preceded it and there is no need to panic over the development, the Indian Banks Association
Indian lenders are not in favour of the Reserve Bank of India's proposal to deregulate savings deposit rate -- the only regulated one in the system now -- citing the
Taking the process of issuing new private bank licences forward, the Reserve Bank today met stakeholders, including industry body CII, which called for a higher minimum capital requirement of Rs 1,000 crore.
The Reserve Bank of India is holding a meeting with industry chambers, including Indian Banks' Association (IBA) and CII, tomorrow in Mumbai to discuss modalities for granting new banking licences to business houses and non-banking finance companies.
Faced with a rising number of customer complaints on excessive charges levied by different banks, the Reserve Bank of India (RBI) has asked the Indian Banks’ Association (IBA) to come
IBA will operationalise the National Payments Corporation of India.
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