Banking

After Jana SFB, Ujjivan SFB is the second SFB whose application has been returned by RBI

In a regulatory filing, Ujjivan SFB said the Reserve Bank has taken note of the bank's recent efforts towards diversification of its loan portfolio

Following the central bank's measures, the rupee has recovered from near 95.20 per US dollar to near 92.50, before paring its rally on Monday

Bankers support RBI's proposal for delayed digital payments to curb fraud, but flag infrastructure costs and suggest raising the threshold from Rs 10,000 to Rs 25,000

RBI drains Rs 2 trillion surplus liquidity through VRRR auction, its first in four months, pushing bond yields higher amid excess liquidity in banking system

Sa-Dhan launches Sankalp 3.0 guardrails to improve governance, risk management and customer protection in microfinance sector amid improving asset quality

A decade after launch, UPI dominates digital payments but slowing growth and lack of MDR incentives raise questions over its next phase

Banking liquidity hits four-year high on G-sec maturities, with surplus nearing ₹5 trillion and call rates softening as RBI signals continued proactive support

Bankers back RBI's status quo on rates, calling it a prudent move amid global uncertainty, while welcoming steps to boost capital and MSME liquidity

RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders

RBI Governor says banking system remains resilient despite recent fraud cases, with no systemic risks seen and strong regulatory oversight in place

Banks could see Rs 35,000 - Rs 40,000 crore freed up of IFR corpus through reversal

RBI says average monthly payouts of unclaimed deposits rose to Rs 760 crore after campaigns and incentives, up from Rs 180 crore earlier, reflecting improved recovery efforts

Guv said the RBI in its press release on March 19 too had said there were no material concerns on record as regards the bank's conduct or governance

RBI Governor Sanjay Malhotra said the West Asia conflict has raised risks to growth and inflation via oil, trade, and supply chains, but government steps on supply chains and exports may limit the imp

Newer options such as acquisition financing, now allowed for banks by the RBI, should also support credit growth

Meanwhile, yields on outstanding loans declined by 4 bps in February, with state-owned banks' yields easing by 1 bp and private sector banks seeing a sharper 6 bps decline

Rupee, bonds gain ahead of central bank's policy review outcome on Wednesday

In its ruling, the apex court said that borrowers must be given access to the forensic audit report based on which the classification is reached

Stress may show up in MSME portfolio of banks going forward, brokerage say