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RBI governor flagged banks' margin stress, and banks see it continuing

Mumbai, Aug. 9 -- While lauding the robust health of India's banking system, Reserve Bank of India Governor Sanjay Malhotra had last week flagged a decline in the sector's margins for the one year per... Read More


RBI chief flagged banks' margin stress, and they see it continuing

Mumbai, Aug. 9 -- While lauding the robust health of India's banking system, Reserve Bank of India Governor Sanjay Malhotra had last week flagged a decline in the sector's margins for the one year per... Read More


SBI eyes $10 bn FCNR(B) deposits

Mumbai, Aug. 8 -- State Bank of India (SBI) has mobilised about $6 billion in deposits under the Reserve Bank of India's special foreign currency non-resident (FCNR-B) deposit window and expects to ra... Read More


SBI eyes $10 billion FCNR(B) deposits

Mumbai, Aug. 8 -- State Bank of India (SBI) has mobilised about $6 billion in deposits under the Reserve Bank of India's special foreign currency non-resident (FCNR-B) deposit window and expects to ra... Read More


SBI expects $10 billion FCNR(B) deposits to support lending, lower funding costs

Mumbai, Aug. 7 -- State Bank of India (SBI) has mobilized about $6 billion in deposits under the Reserve Bank of India's special foreign currency non-resident (FCNR-B) deposit window and expects to ra... Read More


CMS Info Systems bets on tech and payment solutions to drive next growth phase

Mumbai, Aug. 7 -- Having established a strong foothold in logistics and cash management, CMS Info Systems is placing its next big growth bet on technology and payments infrastructure solutions, accord... Read More


PNB Housing bets on micro loans, small developers to boost margins

New Delhi, Aug. 6 -- After spending the past few years expanding its affordable housing business, PNB Housing Finance is now entering micro housing loans and financing for small property developers as... Read More


RBI issues draft norms for 'on-tap' licensing of urban co-operative banks

Mumbai, Aug. 5 -- The Reserve Bank of India on Wednesday released draft guidelines for on-tap licensing of urban co-operative banks (UCBs). The central bank cited the sector's improved financial healt... Read More


RBI plans to roll out polymer banknotes by FY28

Mumbai, Aug. 5 -- The Reserve Bank of India (RBI) is conducting a pilot to test polymer banknotes in Indian conditions, with the aim of rolling them out by 2027-28, governor Sanjay Malhotra said on We... Read More


RBI to standardize rules on loan rates to improve transparency, consumer protection

Mumbai, Aug. 5 -- The Reserve Bank of India (RBI) plans to draft rules to standardize the pricing of loans by regulated entities, aiming to improve transparency and consumer protection, governor Sanja... Read More