These safeguards include requirements such as a majority of board members being resident Indians and higher solvency requirements for foreign-invested insurers domiciled outside India
Rising delinquencies, over-leverage strain the sector
Central bank's role has expanded significantly beyond initial mandate, he says
Central bank has ensured financial system's resilience in 'face of any adverse international trends'
This period saw IndusInd Bank aggressively tapping the CD market with its liquidity coverage ratio declining after its disclosure of discrepancies in its derivatives portfolio
Market sources indicated that the fiasco at IndusInd Bank may have prompted large state-owned banks to tap the CD market to raise funds for investing in IndusInd Bank's CDs
Additionally, the RBI has said the ATM interchange fee will now be decided by the ATM network
Terms allegations of termination of 782 employees 'voluntary abandonment of services'
They prefer equities investing followed by commercial real estate
Important to make financial systems secure, need to be mindful of not stifling investments
While IRFC raised Rs 3,000 crore through 10-year bonds at a coupon rate of 7.17 per cent, IIFCL raised Rs 1,000 crore through 7-year bonds at 7.28 per cent
Only a matter of time when cross-border payments will become much easier and cost-effective, says RBI Governor Sanjay Malhotra
Augurs well for banks with relatively lower organic PSL generation
UN financial agency report released by RBI calls for enhanced supervision of individual loans
Appointment subject to RBI approval; Sahu will lead the India team, deliver strategic growth plans, regulatory engagement, and governance
Lathia's appointment is part of Kotak's strategic efforts to strengthen its leadership and drive growth through innovation, the bank said in a statement
In next 10-15 years, India needs around four large capable, mature NBFCs, says Bajaj Finserv's Chairman and Managing Director Sanjiv Bajaj
While credit expanded by Rs 1.38 trillion in the March 7 fortnight over the previous fortnight, deposits expanded by Rs 2.25 trillion
The acquisition will be through a preferential allotment of equity and warrants at ₹236 per share, a 30 per cent premium over the six-month average trading price
Fraser also expressed confidence that India will remain the world's fastest-growing economy