Kathpalia assures strong capital adequacy as promoters reaffirm trust in bank
Irdai under Panda moved to principle-based regulation from rule-based regulation
Discrepancies in derivatives portfolio to have 2.35% impact on the lender's net worth
Insurers seek Irdai's nod for more time to implement Bima-ASBA, citing early deadline; feature allows policyholders to block premiums until underwriting is completed
Despite rising yields, firms rush to raise funds, pushing FY25 issuances to a new record
IndusInd Bank's board had sought a three-year reappointment from RBI
Firms may tap overseas mkt to raise funds
The insurance regulator had in mid-February set the March 1 deadline for rollout of the feature, which allows insurers to take a customer's consent and block the premium amount for a period of 14 days
The RBI's active intervention in the foreign exchange market to avoid sharp decline in rupee against the dollar has been weighing on the banking system liquidity
Net liquidity in the banking system was in a deficit of Rs 1.09 trillion as of Monday, according to the latest data by RBI
Additionally, he highlighted the need for digital solutions, alternative credit assessment models, and greater participation in platforms like TReDS by lenders to mitigate the funding challenges
ARCIL's bid translates into a recovery of 9% for the lender
This is reflected in the measures taken by the central bank in the past few months to spur economic growth and ease liquidity tightness
"India should have a global consumer brand in 5 years"
After January's bond market turmoil, triggered by geopolitical events, large-ticket issuers have rushed to raise funds despite rising corporate bond yields due to tight liquidity and increased supply
Domestic competitiveness will 'ultimately' determine progress in that task, he says
This move will free up Rs 40,000 crore capital for banks translating into Rs 4 trillion additional loanable funds
Beyond awareness and stigma, structural problems within the insurance market also contribute to the low utilisation of mental health benefits
State-owned firms look to raise Rs 30,000 crore via bonds in coming days
RBI's initiatives to promote sound governance practices in UCBs include introducing a four-tiered regulatory framework, direct engagement with directors on UCB boards