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RBI rejects Bajaj Fin's plan for Philippines operations over FATF concerns

Philippines has been increasingly coming under the lens of the Financial Action Task Force, and has already been designated as an FATF grey list country

Silicon Valley Bank collapse: RBI weighs up impact on banks, NBFCs

Seeks details about their exposure

Silicon Valley Bank crisis unlikely to affect Indian banks, say analysts

Have exposure to bigger banks only, not small ones: SBI chairman Khara

HDFC Bank to launch revamped payments, banking application soon

To take on Google Pay, PhonePe with new PayZapp

A billion transactions a day can be processed through UPI: RBI governor

The objective of the mission, as part of Digital Payments Awareness Week (DPAW) 2023, is to make every citizen in the country opt for digital payments

Indian Banks Association considers 5-day work week for bank employees

If the proposal gets IBA's nod, it will be sent to the finance ministry and subsequently to the Reserve Bank of India's (RBI) for approval

We will look at a wider spectrum of Green economy companies: Renuka Ramnath

Consistent with that strategy, we feel that "clean mobility" is going to be a space that will create growth

It's a high-volume, low-margin game: PAs eye the online payments boom

Of the 28 new players, 19 have been granted in-principle authorisation by the central bank; the applications for the rest are under consideration

Slippages will gradually dip every quarter: PNB chief Atul Kumar Goel

In a Q&A, the lender's MD & CEO says the bank's NPA ratio could improve further as it doesn't have any large loan that needs to be regarded as bad

Growth is fragile, real interest rates too high: MPC member Jayanth Varma

In an interview with Business Standard, MPC member Jayanth Varma says the committee should not tie its hands by adopting the withdrawal of accommodation stance

Monetary policy stance must remain disinflationary, says RBI report

Says GDP growth will receive 15-basis point boost from tax cuts

New private capex cycle has well and truly begun: Axis Bank's Rajiv Anand

'We are seeing a fair amount of activity in renewables, city gas distribution, and roads'

Centre aims to mop up Rs 75,000 cr from senior citizen savings scheme

Not to overshoot FY24 net borrowing target of Rs 11.8 trn

Banks may recover close to Rs 15,000 crore from Srei group resolution

Lenders may get nearly 45% of the admitted claim of Rs 32,750 crore from NARCL

We continue to be selective on corporate loans: Indian Bank MD & CEO

Our margins in the first quarter was 3.1 per cent, while it was 3.2 per cent in Q2 and 3.7 per cent in Q3, says Shanti Lal Jain

MPC meet: No change in stance, RBI hints at more policy rate hikes

Policy rate increased by 25 bps to a 4-year high of 6.5%

Repo rate may go up 25 bps before a pause: Business Standard policy poll

Some economists say change in stance to neutral on the cards

RBI asks banks to share information on exposure to Adani Group companies

SBI's exposure to the group is Rs 21K cr

Upside risks to CPI inflation likely to outweigh downside risks: Eco Survey

The Survey, which was tabled in Parliament on Tuesday by Finance Minister Nirmala Sitharaman, noted that India's inflation management is 'noteworthy' and can be contrasted with advanced economies

Our becoming bank rests on regulatory intent for NBFCs: Piramal Finance MD

In a Q&A, Jairam Sridharan dwells on his company's proposed retail thrust and the challenges facing the NBFC sector