RBI imposes penalty of Rs 2 cr on Standard Chartered Bank-India for delays in reporting of frauds to it.
Bank of Baroda has raised over Rs 969 crore through a private placement of bonds.
Put under pressure after several borrowers committed suicide, Google has removed from its play store those personal loan apps that have been found violating user safety policies.
After two straight months of growth, India’s factory output contracted again. Retail inflation, however, fell to a 14-month low in December mainly on account of decline in food prices.
After a spate of suicides by borrowers from lending apps, RBI sets up working group; report to be submitted within three months.
RBI slaps fine of Rs 2 cr on Deutsche Bank AG for violating deposit rate norms.
For achieving 7-9% growth in FY22, NBFCs would require additional funding lines of Rs 1.9-2.2 lakh crore, Icra said.
The six-member academic advisory council will be headed by former RBI deputy governor NS Viswanathan.
SBI raises $600 mn through offshore bonds at a record low rate of 1.8%.
Delhi HC said SBI at liberty to investigate RCom, Reliance Telecom and Infratel independent of the action of declaring the accounts as fraud.
Shivalik Mercantile Co-operative Bank becomes first urban cooperative bank to transition to a small finance bank.
-225x225.jpg "Grievances against LIC rose sharply over the years: IRDAI report")
Number of policyholder complaints against LIC rises in past few years; grievances against private life insurers fall.
SBI Mutual Fund’s stake in CSB Bank rose from 4.96% to 5.01% following acquisition of additional 86,993 shares.
RBI announces second cohort theme of 'cross-border payments'; it also reduces net-worth requirement for entities interested in participating.
