PSU banks’ compensation against fraud rises over three-fold in FY24: FM

PSU banks’ compensation against fraud rises over three-fold in FY24: FM

Public sector banks have reported over three-fold jump in compensation towards frauds or e-frauds re..

RBI introduces card tokenisation facility at bank level

RBI introduces card tokenisation facility at bank level

The RBI has introduced a Card-on-File (CoF) token facility at the level of banks and other instituti..

RBI directs banks to compensate borrowers for delay in returning property documents

RBI directs banks to compensate borrowers for delay in returning property documents

The Reserve Bank of India (RBI) has given protection to borrowers when their property documents are ..

Public sector banks in real danger of privatisation: AIBOC

Public sector banks in real danger of privatisation: AIBOC

Public sector banks, which play a crucial role in bridging the economic divide in society, are in “r..

Withdrawal of Rs 2,000 notes is not demonetisation, RBI tells Delhi HC

Withdrawal of Rs 2,000 notes is not demonetisation, RBI tells Delhi HC

The withdrawal of Rs 2,000 notes is not demonetisation but a statutory exercise and the decision to ..

Satyanarayana Raju is new MD & CEO of Canara Bank

Satyanarayana Raju is new MD & CEO of Canara Bank

K Satyanarayana Raju has taken guard as the managing director and chief executive officer of Canara ..

RBI releases discussion points for stressed assets securitisation framework

RBI releases discussion points for stressed assets securitisation framework

The Reserve Bank of India (RBI) is looking to provide one more alternative mechanism for lenders to ..

Former RBI Guv bats for 10-year road map for privatisation of all PSBs

Former RBI Guv bats for 10-year road map for privatisation of all PSBs

The government should come up with a 10-year road map for privatisation of all public sector banks (..

SAT rejects Tamilnad Mercantile Bank minority shareholders’ plea, IPO on

SAT rejects Tamilnad Mercantile Bank minority shareholders’ plea, IPO on

The Securities Appellate Tribunal (SAT) has dismissed appeals filed by minority shareholders of Tami..

RBI clarifies position on bank privatisation article in bulletin

RBI clarifies position on bank privatisation article in bulletin

Not wanting to be seen as being opposed to privatisation of banks, the Reserve Bank of India (RBI) c..

 RBI article warns against big bang privatisation of banks

RBI article warns against big bang privatisation of banks

Even as the government has made its intent clear on privatisation of banks, an RBI article has warne..

RBI extends deadline for card tokenisation by 3 months

RBI extends deadline for card tokenisation by 3 months

The Reserve Bank of India (RBI) has, in consultation with the stakeholders, extended the deadline fo..

Recapitalisation of banks needed as Basel IV date nears

Recapitalisation of banks needed as Basel IV date nears

The government will need to revisit its decision to reduce the budget for capitalisation of public s..

RBI cancels certificate of authorisation of two PSOs

RBI cancels certificate of authorisation of two PSOs

The Reserve Bank of India (RBI) has cancelled the Certificate of Authorisation (CoA) of two Payment ..

RBI extends card tokenisation deadline by six months

RBI extends card tokenisation deadline by six months

The Reserve Bank of India (RBI) has extended the deadline to comply with new rules for card storage ..